Elf Magnificence (NYSE: ELF – Get Scores) Its worth goal was lifted from $42.00 to $46.00 by fairness analysis analysts at Morgan Stanley in a analysis report launched Wednesday, The Fly reviews. Morgan Stanley’s goal worth suggests a possible improve of 16.40% from the corporate’s earlier shut.
A number of different analysis analysts additionally commented on the corporate just lately. Truist Monetary raised its worth goal on Elf Magnificence from $40.00 to $50.00 and gave the inventory a “Purchase” ranking on Thursday, September fifteenth in a analysis observe. Piper Sandler lowered its worth goal on shares of Elf Magnificence from $29.00 to $24.00 in a analysis report on Thursday, Might 26. William Blair reiterated the “outperform” ranking on shares of Elf Magnificence in a analysis report on Thursday, Might 26. Raymond James raised his goal worth on shares of Elf Magnificence from $27.00 to $38.00 and gave the inventory an “outperform” ranking in a analysis report on Tuesday, Aug. Ultimately, Cowen downgraded Elf Magnificence from an “outperform” ranking to a “market efficiency” ranking and set a $36.00 worth goal for the corporate. In a analysis report on Friday, August 12. 4 funding analysts have given maintain ranking to the inventory and eight have given purchase ranking to the corporate. Primarily based on knowledge from MarketBeat, the corporate presently has a median ranking of “reasonable purchase” and a consensus worth goal of $39.67.
Elf Magnificence Inventory Up 0.0%
Shares of ELF opened at $39.52 on Wednesday. The agency has a market cap of $2.07 billion, a price-to-earnings ratio of 74.57 and a beta of 1.59. One other 1-year low of Elf Magnificence is $20.49 and a 1-year excessive of $40.89. The agency’s fifty-day shifting common worth is $36.23 and the two-hundred-day shifting common worth is $29.33. The corporate has a debt-to-equity ratio of 0.27, a present ratio of three.51 and a fast ratio of two.37.
Elf Magnificence (NYSE:ELF – GET RATINGS) final introduced its quarterly earnings knowledge 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. Elf Magnificence had a web margin of 6.69% and a return on fairness of 10.95%. Enterprise income through the quarter was $122.60 million, in comparison with the consensus estimate of $109.42 million. Analysis analysts anticipate Elf Magnificence to put up 0.63 EPS for the present 12 months.
Insiders place their bets
In different information, insider Cory Marchisotto offered 57,550 shares of the buying and selling inventory in a transaction on Thursday, September fifteenth. The inventory offered at a median worth of $39.97, for a complete worth of $2,300,273.50. Following the sale, the insider now owns 159,400 shares of the corporate’s inventory, which is valued at roughly $6,371,218. The transaction was disclosed in a doc filed with the Securities and Change Fee, which could be accessed through this hyperlink. In different information, insider Corey Marchisotto offered 57,550 shares of Elf Magnificence inventory in a transaction that happened on Thursday, Sept. 15. The shares have been offered at a median worth of $39.97, for a complete worth of $2,300,273.50. Following the transaction, the insider now owns 159,400 shares of the corporate’s inventory, which is valued at roughly $6,371,218. The sale was disclosed in a submitting with the Securities and Change Fee, which could be accessed via the SEC web site. Moreover, SVP Joshua Allen Franks offered 10,515 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, August 10. The inventory was offered at a median worth of $36.50 for a complete transaction of $383,797.50. Following the completion of the sale, the senior vice chairman now owns 116,234 shares within the firm, valued at $4,242,541. The disclosure of this sale could be discovered right here. Insiders offered 542,746 shares of the corporate’s inventory value $19,538,088 up to now ninety days. Firm insiders personal 8.20% of the corporate’s inventory.
Institutional traders weigh in on elf magnificence
A number of giant traders have just lately modified their holdings within the inventory. Financial institution of America Corp DE raised its stake in Elf Magnificence by 86.4% through the fourth quarter. After buying a further 96,016 shares through the interval, Financial institution of America Corp. DE now holds 207,094 shares of the corporate’s inventory value $6,878,000. The Texas instructor retirement system elevated its stake in shares of Elf Magnificence by 22.1% through the fourth quarter. After buying a further 1,642 shares through the interval, the Texas Instructor Retirement System now holds 9,071 shares of the corporate’s inventory value $301,000. Citigroup Inc. elevated its place in shares of Elf Magnificence by 39.4% within the fourth quarter. After buying a further 10,477 shares within the earlier quarter, Citigroup Inc. now holds 37,094 shares of the corporate’s inventory, valued at $1,232,000. Dice Analysis and Applied sciences Ltd raised its stake in Elf Magnificence by 424.7% within the fourth quarter. Dice Analysis and Applied sciences Ltd now owns 39,330 shares value $1,306,000 value of the corporate after buying a further 31,834 shares through the interval. Lastly, JPMorgan Chase & Co elevated its place in Elf Magnificence by 6.0% through the fourth quarter. After buying a further 14,053 shares final quarter, JPMorgan Chase & Co now holds 250,080 shares of the corporate’s inventory, valued at $8,305,000. Institutional traders maintain 94.61 per cent of the inventory.
About elf magnificence
Elf Magnificence, Inc., together with its subsidiaries, supplies beauty and skincare merchandise worldwide beneath the model names Elf Cosmetics, Elf Pores and skin, Properly Folks and Keys Solcare. The corporate gives eye, lip, face, face, paw and skincare merchandise. It sells its merchandise via nationwide and worldwide retailers and direct-to-consumer channels, together with e-commerce platforms in the USA, and primarily via distributors internationally.
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