Stocks of e.l.f. Beauty Inc (NYSE:ELF) traded higher last session on Wall Street, up 2.92% to $122.47.
ELF stock price is now 9.29% away from the 50-day moving average and -24.07% away from the 200-day moving average. The market capitalization of the company currently stands at $6.90B.
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With the price target reduced from $210 to $130, Truist maintained Buy rating for e.l.f. Beauty Inc (NYSE: ELF). On September 10, 2024, B. Riley Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $175, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Levitan Lauren Cooks, Director sold 8,800 shares of the company’s stock on Nov 12 ’24. The stock was sold for $1,145,324 at an average price of $130.15. Upon completion of the transaction, the Director now directly owns 15,497 shares in the company, valued at $1.9 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 12 ’24, Director Levitan Lauren Cooks bought 8,800 shares of the business’s stock. A total of $1,145,324 was incurred on buying the stock at an average price of $130.15. A total of 4.06% of the company’s stock is owned by insiders.
During the past 12 months, e.l.f. Beauty Inc has had a low of $98.50 and a high of $221.83. As of last week, the company has a debt-to-equity ratio of 0.41, a current ratio of 1.78, and a quick ratio of 1.01. According to the stock market information, the enterprise value for the company is $6907891712, which is based on a 66.23 price-to-earnings ratio, a 4.07 price-to-earnings-growth ratio, and a beta of 1.46. The fifty day moving average price for ELF is $111.9028 and a two-hundred day moving average price translates $161.5104 for the stock.
The latest earnings results from e.l.f. Beauty Inc (NYSE: ELF) was released for 2024-09-30. The net profit margin was 8.87% and return on equity was 17.36% for ELF. The company reported revenue of $301.07 million for the quarter, compared to $215.51 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.71 percent.
