Elf Magnificence, Inc. (NYSE: ELF – GET RATING) Shares hit a 52-week excessive throughout mid-day buying and selling Wednesday after Morgan Stanley raised its value goal on the inventory from $42.00 to $46.00. Morgan Stanley at present has an chubby score on the inventory. Elf Magnificence traded as much as $41.30 and final traded at $41.01, with 2240 shares altering arms. The inventory had earlier closed at $39.52.
ELF has been the topic of a number of different reviews. Truist Monetary raised its value goal on shares of Elf Magnificence from $40.00 to $50.00 and gave the inventory a “purchase” score in a analysis notice on Thursday, September fifteenth. Piper Sandler lowered its goal value on shares of Elf Magnificence from $29.00 to $24.00 in a analysis report on Thursday, Might 26. The Road upgraded shares of Elf Magnificence from a “C+” score to an “A-” score in a analysis report on Wednesday, Aug. William Blair revisited the “outperform” score on shares of Elf Magnificence in a analysis report on Thursday, Might 26. Lastly, DA Davidson raised his goal value on shares of Elf Magnificence from $42.00 to $44.00 and gave the inventory a “purchase” score in a analysis report on Thursday, Aug. 4 Fairness Analysis analysts have rated the inventory with maintain score and eight have given purchase score to the inventory. In keeping with knowledge from Marketbeat, Elf Magnificence at present has a median score of “Reasonable Purchase” and a median value goal of $39.67.
Inside Exercise at Yogini Magnificence
In associated information, insider Cory Marchisotto offered 57,550 shares of the inventory in a transaction for Thursday, September fifteenth. The shares had been offered at a median value of $39.97, for a complete worth of $2,300,273.50. After the completion of the sale, the insider now owns 159,400 shares within the firm, valued at $6,371,218. The transaction was disclosed in a submitting with the SEC, which will be accessed through this hyperlink. In different elf magnificence information, insider Cory Marchisotto offered 57,550 shares of the agency’s inventory in a transaction for Thursday, September fifteenth. Shares had been offered at a median value of $39.97 for a complete transaction of $2,300,273.50. Following the completion of the transaction, the insider now owns 159,400 shares within the firm, which is valued at $6,371,218. The sale was disclosed in a submitting with the SEC, which will be accessed by way of the SEC web site. As well as, CEO Tarang Amin offered 677 shares of the agency’s inventory in a transaction on Tuesday, August 16. The inventory was offered at a median value of $37.95 for a complete transaction of $25,692.15. Following the transaction, the CEO now owns 391,140 shares of the corporate’s inventory, which is valued at roughly $14,843,763. The disclosure of this sale will be discovered right here. Over the previous 90 days, insiders offered 542,746 shares of firm inventory value $19,538,088. Firm insiders personal 8.20% of the corporate’s inventory.
Institutional influx and outflow
Many hedge funds and different institutional buyers have just lately added or decreased their holdings in ELFs. Covestar Ltd elevated its stake within the shares of Yogini Magnificence by 8,340.0% through the first quarter. After buying an extra 1,251 shares within the earlier quarter, Covestor Ltd now owns 1,266 shares for $33,000 of the corporate’s inventory. KBC Group NV acquired a brand new stake in shares of Elf Magnificence, valued at roughly $120,000, through the second quarter. Psagot Worth Holdings Ltd. Israel acquired a brand new stake in shares of Elf Magnificence, valued at roughly $130,000, through the fourth quarter. Brown Advisory Inc. acquired a brand new stake of roughly $203,000 in shares of Elf Magnificence through the second quarter. Lastly, Advisor Group Holdings Inc. elevated its stake in shares of Elf Magnificence by 7.6% through the first quarter. After buying an extra 476 shares within the earlier quarter, Advisor Group Holdings Inc. The U.S. now holds 6,765 shares value $174,000 of the corporate’s inventory. Institutional buyers maintain 94.61 per cent of the corporate’s shares.
Elf Magnificence Enterprise 3.1%
The corporate has a market cap of $2.14 billion, a price-to-earnings ratio of 74.57 and a beta of 1.59. The corporate has a fifty day shifting common value of $36.23 and a 200 day shifting common value of $29.33. The corporate has a fast ratio of two.37, a present ratio of three.51 and a debt-to-equity ratio of 0.27.
Elf Magnificence (NYSE:ELF – GET RATINGS) final launched its quarterly earnings outcomes on Wednesday, Aug. 3. The corporate reported earnings per share of $0.30 for the quarter, beating analysts’ consensus estimates of $0.16 by $0.14. The enterprise had income of $122.60 million through the quarter, in comparison with analyst estimates of $109.42 million. Elf Magnificence had a web margin of 6.69% and a return on fairness of 10.95%. Analysis analysts count on Elf Magnificence, Inc. would earn 0.63 earnings per share for the present yr.
About elf magnificence
Elf Magnificence, Inc., together with its subsidiaries, supplies beauty and skincare merchandise below the model names Elf Cosmetics, Elf Pores and skin, Properly Individuals and Keys Soulcare. The corporate gives eye, lip, face, face, paw and skincare merchandise. It sells its merchandise by way of nationwide and worldwide retailers and direct-to-consumer channels, together with e-commerce platforms in the US, and primarily by way of distributors internationally.
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