e.l.f. Beauty Inc [NYSE: ELF] loss -2.23% or -2.71 points to close at $119.00 with a heavy trading volume of 11711693 shares.
The daily chart for ELF points out that the company has recorded -23.54% loss over the past six months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If we look at the average trading volume of 2.54M shares, ELF reached to a volume of 11711693 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about e.l.f. Beauty Inc [ELF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ELF shares is $158.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ELF stock is a recommendation set at 1.41. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for e.l.f. Beauty Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 16, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on September 10, 2024, representing the official price target for e.l.f. Beauty Inc stock. Previously, the target price had yet another drop from $230 to $190, while BofA Securities kept a Buy rating on ELF stock. On July 18, 2024, analysts increased their price target for ELF shares from 210 to 230.
The Average True Range (ATR) for e.l.f. Beauty Inc is set at 7.89, with the Price to Sales ratio for ELF stock in the period of the last 12 months amounting to 5.51. The Price to Book ratio for the last quarter was 9.21, with the Price to Cash per share for the same quarter was set at 1.72. Price to Free Cash Flow for ELF in the course of the last twelve months was 286.59 with Quick ratio for the last quarter at 1.01.
Trading performance analysis for ELF stock
e.l.f. Beauty Inc [ELF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.22. With this latest performance, ELF shares gained by 11.60% in over the last four-week period, additionally sinking by -23.54% over the last 6 months – not to mention a rise of 7.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ELF stock in for the last two-week period is set at 52.55, with the RSI for the last a single of trading hit 51.62, and the three-weeks RSI is set at 50.98 for e.l.f. Beauty Inc [ELF]. The present Moving Average for the last 50 days of trading for this stock 111.90, while it was recorded at 121.56 for the last single week of trading, and 161.51 for the last 200 days.
e.l.f. Beauty Inc [ELF]: A deeper dive into fundamental analysis
e.l.f. Beauty Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.01 and a Current Ratio set at 1.78.
e.l.f. Beauty Inc [ELF]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ELF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for e.l.f. Beauty Inc go to 16.28%.
An analysis of Institutional ownership at e.l.f. Beauty Inc [ELF]
There are presently around $101.32%, or 104.07%% of ELF stock, in the hands of institutional investors. The top three institutional holders of ELF stocks are: VANGUARD GROUP INC with ownership of 5.24 million shares, which is approximately 9.5706%. BLACKROCK INC., holding 5.08 million shares of the stock with an approximate value of $$1.07 billion in ELF stocks shares; and BLACKROCK INC., currently with $$801.69 million in ELF stock with ownership which is approximately 6.9492%.
