e.l.f. Beauty, Inc. (NYSE:ELF - Get Free Report) insider Scott Milsten sold 1,442 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $114.78, for a total transaction of $165,512.76. Following the completion of the sale, the insider now directly owns 117,394 shares of the company's stock, valued at $13,474,483.32. The trade was a 1.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Scott Milsten also recently made the following trade(s):
- On Wednesday, June 4th, Scott Milsten sold 11,860 shares of e.l.f. Beauty stock. The stock was sold at an average price of $115.56, for a total value of $1,370,541.60.
e.l.f. Beauty Price Performance
Shares of NYSE ELF opened at $116.67 on Tuesday. 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, Inc. has a one year low of $49.40 and a one year high of $219.77. The firm has a market capitalization of $6.57 billion, a P/E ratio of 69.04, a PEG ratio of 6.76 and a beta of 1.52. The company's fifty day moving average is $73.35 and its two-hundred day moving average is $91.17.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.72 by $0.06. The firm had revenue of $332.65 million during the quarter, compared to analysts' expectations of $327.45 million. e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. The business's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.53 earnings per share. Analysts forecast that e.l.f. Beauty, Inc. will post 2.38 EPS for the current fiscal year.
Institutional Investors Weigh In On e.l.f. Beauty
Hedge funds and other institutional investors have recently modified their holdings of the stock. Nemes Rush Group LLC acquired a new stake in e.l.f. Beauty in the 4th quarter valued at about $27,000. Orion Capital Management LLC acquired a new stake in shares of e.l.f. Beauty in the fourth quarter valued at approximately $30,000. Promus Capital LLC purchased a new position in shares of e.l.f. Beauty during the 4th quarter worth approximately $31,000. Kestra Investment Management LLC acquired a new position in shares of e.l.f. Beauty during the 4th quarter worth approximately $32,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of e.l.f. Beauty during the 1st quarter worth approximately $33,000. 92.44% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have commented on the company. Truist Financial upped their price objective on e.l.f. Beauty from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Friday. Piper Sandler reissued an "overweight" rating and issued a $109.00 target price (up previously from $81.00) on shares of e.l.f. Beauty in a report on Thursday, May 29th. Bank of America upped their price target on e.l.f. Beauty from $80.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. UBS Group lifted their price objective on shares of e.l.f. Beauty from $59.00 to $84.00 and gave the company a "neutral" rating in a research report on Wednesday, May 21st. Finally, Canaccord Genuity Group set a $114.00 price objective on shares of e.l.f. Beauty in a research note on Thursday, May 29th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, e.l.f. Beauty currently has a consensus rating of "Moderate Buy" and a consensus target price of $120.71.
View Our Latest Stock Report on ELF
e.l.f. Beauty Company Profile
(
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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