e.l.f. Beauty Inc (NYSE:ELF)’s traded shares stood at 1.89 million during the last session, with the company’s beta value hitting 1.30. At the close of trading, the stock’s price was $62.25, to imply an increase of 0.61% or $0.38 in intraday trading. The ELF share’s 52-week high remains $219.77, putting it -253.04% down since that peak but still an impressive 20.64% since price per share fell to its 52-week low of $49.40. The company has a valuation of $3.51B, with an average of 2.18 million shares in intraday trading volume over the past 10 days and average of 3.29 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for e.l.f. Beauty Inc (ELF), translating to a mean rating of 1.61. Of 12 analyst(s) looking at the stock, 0 analyst(s) give ELF a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 12 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.72.
e.l.f. Beauty Inc (NYSE:ELF) trade information
After registering a 0.61% upside in the last session, e.l.f. Beauty Inc (ELF) has traded red over the past five days. The 5-day price performance for the stock is 2.62%, and -3.11% over 30 days. With these gigs, the year-to-date price performance is -50.42%. Short interest in e.l.f. Beauty Inc (NYSE:ELF) saw shorts transact 6.69 million shares and set a 2.37 days time to cover.
The extremes give us $75 and $165 for target low and target high price respectively. As such, ELF has been trading -165.06% off suggested target high and -20.48% from its likely low.
e.l.f. Beauty Inc (ELF) estimates and forecasts
The rating firms project that company’s revenue will grow 27.77% compared to the previous financial year.
Revenue forecast for the current quarter as set by 15 analysts is 327.45M. Meanwhile, for the current quarter, a total of 11 analyst(s) estimate revenue growth to 350.44M.Earnings reports from the last fiscal year show that sales brought in 321.14M and 324.48M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 1.96% before jumping 8.00% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 47.62% for the past 5-year period. While 2025 is set for a 4.61% return in earnings, projections for the next 5 years are at 7.54% annually.
ELF Dividends
e.l.f. Beauty Inc has its next earnings report out on 2025-Feb-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
e.l.f. Beauty Inc (NYSE:ELF)’s Major holders
e.l.f. Beauty Inc insiders hold 2.56% of total outstanding shares, with institutional holders owning 109.78% of the shares at 112.66% float percentage. In total, 109.78% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 5.24 million shares (or 9.361% of shares), all amounting to roughly $1.1 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 5.08 million shares, or about 9.0681% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.07 billion.
