In the preceding three months, 18 analysts have released ratings for e.l.f. Beauty ELF, presenting a wide array of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 11 | 6 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 5 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 3 | 1 | 0 | 0 |
| 3M Ago | 3 | 2 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $214.22, a high estimate of $250.00, and a low estimate of $151.00. This current average has increased by 0.65% from the previous average price target of $212.83.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of e.l.f. Beauty among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Korinne Wolfmeyer | Piper Sandler | Maintains | Overweight | $210.00 | $210.00 |
| Susan Anderson | Canaccord Genuity | Raises | Buy | $250.00 | $214.00 |
| Olivia Tong | Raymond James | Raises | Strong Buy | $235.00 | $215.00 |
| Oliver Chen | TD Cowen | Raises | Buy | $235.00 | $190.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $220.00 | $220.00 |
| Bill Chappell | Truist Securities | Raises | Buy | $210.00 | $200.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $220.00 | $220.00 |
| Anna Lizzul | B of A Securities | Lowers | Buy | $220.00 | $230.00 |
| Korinne Wolfmeyer | Piper Sandler | Lowers | Overweight | $210.00 | $216.00 |
| Andrea Teixeira | JP Morgan | Lowers | Overweight | $182.00 | $197.00 |
| Susan Anderson | Canaccord Genuity | Maintains | Buy | $214.00 | $214.00 |
| Mark Astrachan | Stifel | Lowers | Hold | $151.00 | $167.00 |
| Korinne Wolfmeyer | Piper Sandler | Lowers | Overweight | $216.00 | $228.00 |
| Oliver Chen | TD Cowen | Lowers | Buy | $190.00 | $220.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $220.00 | $220.00 |
| Korinne Wolfmeyer | Piper Sandler | Raises | Overweight | $228.00 | $225.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $220.00 | $220.00 |
| Korinne Wolfmeyer | Piper Sandler | Maintains | Overweight | $225.00 | $225.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to e.l.f. Beauty. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of e.l.f. Beauty compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of e.l.f. Beauty's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of e.l.f. Beauty's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on e.l.f. Beauty analyst ratings.
Discovering e.l.f. Beauty: A Closer Look
e.l.f. Beauty Inc is a multi-brand beauty company that offers inclusive, accessible, clean, vegan and cruelty-free cosmetics and skin care products. The Company's mission is to make the best of beauty accessible to every eye, lip, face, and skin concern. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. It carries out sales within the US and internationally, out of which maximum revenue is generated from the US.
Unraveling the Financial Story of e.l.f. Beauty
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: e.l.f. Beauty displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 71.41%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Net Margin: e.l.f. Beauty's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.52%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): e.l.f. Beauty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.31% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): e.l.f. Beauty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.3%, the company showcases efficient use of assets and strong financial health.
Debt Management: e.l.f. Beauty's debt-to-equity ratio is below the industry average. With a ratio of 0.45, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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