As of Friday close, e.l.f. Beauty Inc.’s (NYSE:ELF) stock was down -$0.85, moving down -0.80 percent to $105.16. The average number of shares traded per day over the past five days has been 2,264,240 shares. 1 time new highs have been achieved over the past 5 days, with a -$20.61 fall in that time frame. In the last twenty days, the average volume was 1,348,440, while in the previous 50 days, it was 1,247,632.
Since last month, ELF stock retreated -15.76%. Shares of the company fell to $100.50 on 09/21/23, the lowest level in the past month. A 52-week high of $139.85 was reached on 08/31/23 after having rallying from a 52-week low of $36.77. Since the beginning of this year, ELF’s stock price has risen by 90.16% or $49.86, and marked a new high 45 times. However, the stock has declined by -24.81% since its 52-week high.
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ELF stock investors should be aware that e.l.f. Beauty Inc. (ELF) stock had its last reported insider trading activity 15 days ago on Sep 08. Watson Maureen C., the Director of the company, disposed of 7,894 shares for $136.22 on Sep 08. It resulted in a $1,075,332 divestment by the insider. Franks Joshua Allen sold 12,684 shares at an average price of $134.61 on Sep 07. The insider now owns 95,822 shares following the transaction. On Sep 07, Director PRITCHARD BETH M sold 8,306 shares at $133.20 apiece. The transaction was valued at $1,106,359.
Valuation Metrics
Right now, e.l.f. Beauty Inc. (ELF) has a P/E ratio of about 59.48. The stock’s beta is 1.54. Besides these, the trailing price-to-sales (P/S) ratio of 8.81, the price-to-book (PB) ratio of 12.02, and the price-to-cash flow ratio of 64.02 may also be considered.
Financial Health
In the three months ended June 29, e.l.f. Beauty Inc.’s quick ratio stood at 2.50, while its current ratio was 3.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.13, and the total debt-to-equity ratio was 0.14. On the profitability front, the trailing twelve-month gross margin is 68.40% percent. In the year ended June 29, EBITDA margin amounted to 14.82%, whereas operating margins totaled 15.70%. Based on annual data, ELF earned $390.4 million in gross profit and brought in $578.84 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.70%. Return on equity (ROE) for the past 12 months was 24.60%.
In e.l.f. Beauty Inc.’s quarter-end financial report for June 29, it reported total debt of $60.88 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ELF’s revenue rose 43.88% to $146.54 million during the quarter, while net income inched up to $187.36 million. While analysts expected e.l.f. Beauty Inc. to report $0.56 quarterly earnings, the actual figure was $1.1 per share, beating the consensus estimate by 96.40%. During the quarter, the company generated $66.34 million in EBITDA. The liabilities of e.l.f. Beauty Inc. were 186.18 million at the end of its most recent quarter ended June 29, and its total debt was $79.65 million. The value of shareholders’ equity is $54.46 million.
Technical Picture
This quick technical analysis looks at e.l.f. Beauty Inc.’s (ELF) price momentum. With a historical volatility rate of 38.14%, the RSI 9-day stood at 18.35% on 22 September.
With respect to its five-day moving average, the current e.l.f. Beauty Inc. price is down by -16.39% percent or -$20.61. At present, ELF shares trade -12.15% below its 20-day simple moving average and +13.42% percent above its 100-day simple moving average. However, the stock is currently trading approximately -9.04% below its SMA50 and +94.99% above its SMA200.
Stochastic coefficient K was 8.90% and Stochastic coefficient D was 6.83%, while ATR was 5.76. Given the Stochastic reading of 12.32% for the 14-day period, the RSI (14) reading has been calculated as 27.91%. As of today, the MACD Oscillator reading stands at -13.73, while the 14-day reading stands at -19.64.
Analyst Ratings
Stifel reiterated its a Hold rating on e.l.f. Beauty Inc. (NYSE: ELF) in a note to investors. The analysts firm has however raised their price target to $107, representing a possible -20.87% increase in the stock price. e.l.f. Beauty Inc. (ELF) has been rated Overweight by analysts. According to 0 brokerage firms, ELF is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate e.l.f. Beauty Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $150.00, the current consensus forecast for the stock is $110.00 – $176.00. Based on these forecasts, analysts predict e.l.f. Beauty Inc. (ELF) will achieve an average price target of $149.45.
