e.l.f. Beauty Inc (NYSE:ELF) has a beta value of 1.46 and has seen 2.36 million shares traded in the last trading session. The company, currently valued at $7.35B, closed the last trade at $126.42 per share which meant it gained $3.95 on the day or 3.23% during that session. The ELF stock price is -75.47% off its 52-week high price of $221.83 and 22.09% above the 52-week low of $98.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.76 million shares traded. The 3-month trading volume is 2.74 million shares.
The consensus among analysts is that e.l.f. Beauty Inc (ELF) is Buy stock at the moment, with a recommendation rating of 1.41. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 12 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.76.
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e.l.f. Beauty Inc (NYSE:ELF) trade information
Sporting 3.23% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ELF stock price touched $126.42 or saw a rise of 1.43%. Year-to-date, e.l.f. Beauty Inc shares have moved -12.42%, while the 5-day performance has seen it change 4.20%. Over the past 30 days, the shares of e.l.f. Beauty Inc (NYSE:ELF) have changed 17.93%. Short interest in the company has seen 4.92 million shares shorted with days to cover at 2.23.
Wall Street analysts have a consensus price target for the stock at $162, which means that the shares’ value could jump 21.96% from current levels. The projected low price target is $45.0 while the price target rests at a high of $250.0. In that case, then, we find that the current price level is -97.75% off the targeted high while a plunge would see the stock lose 64.4% from current levels.
e.l.f. Beauty Inc (ELF) estimates and forecasts
Figures show that e.l.f. Beauty Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -33.96% over the past 6 months, with this year growth rate of 13.21%, compared to 3.30% for the industry. Revenue growth from the last financial year stood is estimated to be 30.32%.
15 analysts offering their estimates for the company have set an average revenue estimate of 328.24M for the current quarter. 15 have an estimated revenue figure of 380.21M for the next ending quarter. Year-ago sales stood 270.94M and 321.14M respectively for this quarter and the next, and analysts expect sales will grow by 21.15% for the current quarter and 30.32% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 47.62% over the past 5 years. Earnings growth for 2024 is a modest 12.94% while over the next 5 years, the company’s earnings are expected to increase by 16.28%.
ELF Dividends
e.l.f. Beauty Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
e.l.f. Beauty Inc (NYSE:ELF)’s Major holders
Insiders own 2.64% of the company shares, while shares held by institutions stand at 101.34% with a share float percentage of 104.09%. Investors are also buoyed by the number of investors in a company, with e.l.f. Beauty Inc having a total of 666.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 5.24 million shares worth more than $1.1 billion. As of 2024-06-30, VANGUARD GROUP INC held 9.5706% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 5.08 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.07 billion and represent 9.2711% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 3.12% shares in the company for having 1.76 shares of worth $222.35 million while later fund manager owns 1.67 shares of worth $210.95 million as of Jun 30, 2024 , which makes it owner of about 2.96% of company’s outstanding stock.
