e.l.f. Beauty Inc (NYSE:ELF) traded at $162.53 at close of the session on Tuesday, April 30, made a downward move of -5.43% on its previous day’s price.
Looking at the stock we see that its previous close was $171.86 . The company has a trailing 12-month PE ratio of 72.04. In terms of its 52-week price range, ELF has a high of $221.83 and a low of $83.80. The company’s stock has lost about -15.34% over that past 30 days.
e.l.f. Beauty Inc has a market cap of $9.02 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.31, with the EPS growth for the year raised at $2.92 for 2024 and $3.51 for next year. These figures represent 75.90% and 20.20% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $291.57 million, with a low of $282.3 million and a high of $305.04 million. The median projection represents growth squeezing down to 55.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $994.57 million, or 71.80% up from figures reported last year.
On the other hand, looking at the outlook for the ELF stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the ELF stock currently stands at 2.01, and the current price level is -3.52% off its SMA20 and -12.66% from its 50-day simple moving average. The RSI (14) is pointing at 40.77 while the volatility over the past week is 5.73% and jumps to 5.20% over the past one month. The beta value is 1.58, while the average true range (ATR) is currently pointing at 9.41.
Coming back to e.l.f. Beauty Inc (NYSE:ELF), we note that the average 3-month trading volume was 1.55 million. Current shares outstanding are 53.77 million.
The insiders hold 4.54% of the company’s shares while institutions hold 97.62%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 12.60% up in year-to-date price movement.
