In the latest trading session, 0.72 million e.l.f. Beauty Inc (NYSE:ELF) shares changed hands as the company’s beta touched 1.55. With the company’s most recent per share price at $86.63 changed hands at -$1.81 or -2.05% at last look, the market valuation stands at $4.88B. ELF’s current price is a discount, trading about -156.07% off its 52-week high of $221.83. The share price had its 52-week low at $86.14, which suggests the last value was 0.57% up since then. When we look at e.l.f. Beauty Inc’s average trading volume, we note the 10-day average is 2.24 million shares, with the 3-month average coming to 2.28 million.
Analysts gave the e.l.f. Beauty Inc (ELF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.45. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ELF as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight. e.l.f. Beauty Inc’s EPS for the current quarter is expected to be 0.76.
e.l.f. Beauty Inc (NYSE:ELF) trade information
Instantly ELF was in red as seen in intraday trades today. With action -18.24%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -31.00%, with the 5-day performance at -18.24% in the red. However, in the 30-day time frame, e.l.f. Beauty Inc (NYSE:ELF) is -30.91% down. Looking at the short shares, we see there were 6.62 million shares sold at short interest cover period of 5.41 days.
The consensus price target for the stock as assigned by Wall Street analysts is 165, meaning bulls need an upside of 47.5% from its recent market value. According to analyst projections, ELF’s forecast low is 105 with 175 as the target high. To hit the forecast high, the stock’s price needs a -102.01% plunge from its current level, while the stock would need to soar -21.21% for it to hit the projected low.
e.l.f. Beauty Inc (ELF) estimates and forecasts
Data shows that the e.l.f. Beauty Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -50.68% over the past 6 months, a 13.52% in annual growth rate that is considerably higher than the industry average of -4.90%. Year-over-year growth is forecast to reach 30.70% up from the last financial year.
Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 330.39M. 17 analysts are of the opinion that e.l.f. Beauty Inc’s revenue for the current quarter will be 381.3M. The company’s revenue for the corresponding quarters a year ago was 270.94M and 321.14M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 21.94%. The estimates for the next quarter sales put growth at 18.73%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 47.62%. The 2025 estimates are for e.l.f. Beauty Inc earnings to increase by 13.32%, but the outlook for the next 5-year period is at 17.05% per year.
ELF Dividends
e.l.f. Beauty Inc is expected to release its next quarterly earnings report in March.
e.l.f. Beauty Inc (NYSE:ELF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.54% of e.l.f. Beauty Inc shares while 109.26% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 112.11%. There are 109.26% institutions holding the e.l.f. Beauty Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.5706% of the shares, roughly 5.24 million ELF shares worth $1.1 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 9.2711% or 5.08 million shares worth $1.07 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund. With 1.81 shares estimated at $156.47 million under it, the former controlled 3.21% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.18% of the shares, roughly 1.79 shares worth around $155.02 million.
