Shares of e.l.f. Beauty, Inc. (NYSE:ELF - Get Free Report) hit a new 52-week low on Friday . The company traded as low as $60.35 and last traded at $61.16, with a volume of 314214 shares. The stock had previously closed at $62.41.
Analyst Ratings Changes
Several equities analysts recently commented on ELF shares. Truist Financial increased their price objective on shares of e.l.f. Beauty from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. JPMorgan Chase & Co. raised their price target on shares of e.l.f. Beauty from $154.00 to $163.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of e.l.f. Beauty in a research note on Thursday, December 12th. They set a "hold" rating and a $133.00 price objective for the company. Stifel Nicolaus cut their target price on e.l.f. Beauty from $115.00 to $105.00 and set a "hold" rating on the stock in a research report on Monday, February 3rd. Finally, Piper Sandler dropped their price target on e.l.f. Beauty from $167.00 to $131.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, e.l.f. Beauty presently has an average rating of "Moderate Buy" and an average price target of $132.65.
Check Out Our Latest Report on ELF
e.l.f. Beauty Trading Up 0.6 %
The stock has a market cap of $3.68 billion, a PE ratio of 38.63, a price-to-earnings-growth ratio of 6.76 and a beta of 1.60. The company has a 50 day moving average of $83.03 and a two-hundred day moving average of $106.78. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.90.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.76 by ($0.35). e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. Sell-side analysts anticipate that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current fiscal year.
Insider Buying and Selling at e.l.f. Beauty
In other e.l.f. Beauty news, Director Maureen C. Watson sold 4,000 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $67.39, for a total transaction of $269,560.00. Following the completion of the transaction, the director now owns 1,888 shares of the company's stock, valued at $127,232.32. This represents a 67.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.50% of the company's stock.
Institutional Trading of e.l.f. Beauty
Several large investors have recently made changes to their positions in the company. Principal Financial Group Inc. boosted its stake in e.l.f. Beauty by 149.8% during the 4th quarter. Principal Financial Group Inc. now owns 328,557 shares of the company's stock worth $41,250,000 after purchasing an additional 197,028 shares during the last quarter. Global Retirement Partners LLC lifted its stake in shares of e.l.f. Beauty by 441.0% in the fourth quarter. Global Retirement Partners LLC now owns 8,283 shares of the company's stock worth $1,040,000 after buying an additional 6,752 shares in the last quarter. Robbins Farley lifted its stake in shares of e.l.f. Beauty by 27.1% in the fourth quarter. Robbins Farley now owns 34,396 shares of the company's stock worth $4,318,000 after buying an additional 7,335 shares in the last quarter. Pacer Advisors Inc. boosted its position in e.l.f. Beauty by 43.4% during the fourth quarter. Pacer Advisors Inc. now owns 11,802 shares of the company's stock worth $1,482,000 after acquiring an additional 3,572 shares during the last quarter. Finally, Ibex Wealth Advisors purchased a new stake in e.l.f. Beauty during the 4th quarter valued at about $5,519,000. 92.44% of the stock is currently owned by hedge funds and other institutional investors.
About e.l.f. Beauty
(
Get Free Report)
e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.
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