elf beauty, inc. (NYSE:ELF – Get Rating) insider Kory Marchisotto sold 16,904 shares of eleven Beauty stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $26.48, for a total value of $447,617.92. Following the completion of the sale, the insider now directly owns 159,400 shares of the company’s stock, valued at $4,220,912. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of elf Beauty stock traded up $1.34 during trading hours on Tuesday, hitting $27.63. The company’s stock had a trading volume of 790,424 shares, compared to its average volume of 487,602. The company has a market capitalization of $1.44 billion, a PE ratio of 64.12 and a beta of 1.90. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.97 and a quick ratio of 1.67. The stock has a 50 day moving average of $24.53 and a 200 day moving average of $27.14. elf beauty, inc. has a 12 month low of $20.49 and a 12 month high of $33.63.
elf Beauty (NYSE:ELF – Get Rating) last issued its quarterly earnings data on Wednesday, May 25th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. The business had revenue of $105.14 million during the quarter, compared to analyst estimates of $91.22 million. elf Beauty had a return on equity of 9.70% and a net margin of 5.55%. elf Beauty’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.10 EPS. Equities analysts expect that elf Beauty, Inc. will post 0.54 EPS for the current year.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Maryland State Retirement & Pension System lifted its stake in eleven Beauty by 2.4% in the first quarter. Maryland State Retirement & Pension System now owns 19,364 shares of the company’s stock valued at $500,000 after buying an additional 457 shares in the last quarter. Advisor Group Holdings Inc. boosted its position in eleven Beauty by 7.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 6,765 shares of the company’s stock worth $174,000 after acquiring an additional 476 shares during the last quarter. Teacher Retirement System of Texas boosted its position in eleven Beauty by 6.5% during the 1st quarter. Teacher Retirement System of Texas now owns 9,664 shares of the company’s stock worth $250,000 after acquiring an additional 593 shares during the last quarter. Stifel Financial Corp boosted its position in eleven Beauty by 7.9% during the 4th quarter. Stifel Financial Corp now owns 8,729 shares of the company’s stock worth $290,000 after acquiring an additional 636 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in eleven Beauty by 33.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,800 shares of the company’s stock worth $83,000 after acquiring an additional 700 shares during the last quarter. 90.95% of the stock is currently owned by hedge funds and other institutional investors.
A number of research firms have commented on ELF. DA Davidson lifted their target price on shares of elf Beauty from $41.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, May 26th. StockNews.com began coverage on shares of elf Beauty in a report on Thursday, March 31st. They set a “hold” rating for the company. Raymond James lowered their target price on shares of elf Beauty from $33.00 to $27.00 in a report on Thursday, May 26th. William Blair reaffirmed an “outperform” rating on shares of elf Beauty in a report on Thursday, May 26th. Finally, JPMorgan Chase & Co. lowered their target price on shares of elf Beauty from $38.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday, March 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $33.00.
About elf Beauty (GetRated)
elf Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the elf, W3LL PEOPLE, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States; and internationally primarily through distributors.
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