In the last trading session, 7.14 million shares of the e.l.f. Beauty Inc (NYSE:ELF) were traded, and its beta was 1.57. Most recently the company’s share price was $73.86, and it changed around $2.73 or 3.84% from the last close, which brings the market valuation of the company to $4.16B. ELF currently trades at a discount to its 52-week high of $221.83, offering almost -200.34% off that amount. The share price’s 52-week low was $63.50, which indicates that the current value has risen by an impressive 14.03% since then. We note from e.l.f. Beauty Inc’s average daily trading volume that its 10-day average is 5.3 million shares, with the 3-month average coming to 2.55 million.
e.l.f. Beauty Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.75. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 7 recommended ELF as a Hold, whereas 11 deemed it a Buy, and 0 rated it as Underweight. e.l.f. Beauty Inc is expected to report earnings per share of 0.73 for the current quarter.
e.l.f. Beauty Inc (NYSE:ELF) trade information
Instantly ELF has showed a green trend with a performance of 3.84% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 92.69 on recent trading dayincreased the stock’s daily price by 20.32%. The company’s shares are currently down -41.17% year-to-date, but still down -20.95% over the last five days. On the other hand, e.l.f. Beauty Inc (NYSE:ELF) is -42.12% down in the 30-day period. We can see from the shorts that 6.62 million shares have been sold at a short interest cover period of 5.41 day(s).
The consensus price target as assigned by Wall Street analysts is $165, which translates to bulls needing to increase their stock price by 55.24% from its current value. Analyst projections state that ELF is forecast to be at a low of $105 and a high of $175.
e.l.f. Beauty Inc (ELF) estimates and forecasts
The year-over-year growth rate is expected to be 27.84%, up from the previous year.
Consensus estimates provided by 17 financial analysts predict the company will bring in an average of 328.09M in revenue for the current quarter. 13 analysts expect e.l.f. Beauty Inc to make 355.81M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 321.14M and 324.48M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.16%. Forecasts for the next quarter put sales growth at 9.66%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 47.62%. e.l.f. Beauty Inc earnings are expected to increase by 4.87% in 2025, but the outlook is positive 9.84% per year for the next five years.
ELF Dividends
e.l.f. Beauty Inc’s next quarterly earnings report is expected to be released in March.
e.l.f. Beauty Inc (NYSE:ELF)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.54% of e.l.f. Beauty Inc shares, and 109.14% of them are in the hands of institutional investors. The stock currently has a share float of 111.98%. e.l.f. Beauty Inc stock is held by 698.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.5706% of the shares, which is about 5.24 million shares worth $1.1 billion.
BLACKROCK INC., with 9.2711% or 5.08 million shares worth $1.07 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 1.81 shares worth $133.76 million, making up 3.21% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 1.79 shares worth around $132.51 million, which represents about 3.18% of the total shares outstanding.
