e.l.f. Beauty Inc (ELF) Stock Forecast & Predictions

e.l.f. Beauty Inc ELF: $27.57

570 10th St, Oakland, California, US. | Sector: Retail Trade | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.elfcosmetics.com

  • Market Cap$1.46B
  • Change (52 Weeks)17.03%
  • Low (52 Weeks)$21.15
  • e.l.f. Beauty Inc (ELF) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for e.l.f. Beauty Inc (ELF) is based on 16 Institutional Analyst Ratings where 50.00% are on Strong Buy, 25.00% on Moderate Buy, 25.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 16 Institutional Analysts, majority recommended ELF stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of e.l.f. Beauty Inc.

    e.l.f. Beauty Inc (ELF) Stock Price Prediction By Analysts


    HighLowAverage
    $42.00$34.34$37.43
    $37.4335.78% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for ELF set by the institutional analysts is $37.43 where High Estimate is $42.00, Median $37.74 and Low $34.34.

    The average price target for ELF by Institutional Analysts is $37.43, which is 35.78% Upside from the current price. So according to the Institutional Analysts, ELF Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    e.l.f. Beauty Inc (ELF) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesOutperformMaintained
    Piper SandlerNeutralDowngraded
    DA DavidsonBuyMaintained
    CitigroupBuyUpgraded
    Raymond JamesOutperformInitiated
    Morgan StanleyOverweightMaintained
    DA DavidsonBuyMaintained
    Morgan StanleyOverweightMaintained
    DA DavidsonBuyReiterated
    Piper SandlerOverweightUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    DA DavidsonBuyMaintained
    Piper SandlerNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Piper SandlerOverweightMaintained
    DA DavidsonBuyReiterated
    StifelHoldMaintained
    Morgan StanleyOverweightMaintained
    DA DavidsonBuyMaintained
    JefferiesBuyMaintained
    DA DavidsonBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyOverweightMaintained
    JefferiesBuyMaintained
    DA DavidsonBuyReiterated
    DA DavidsonBuyMaintained
    DA DavidsonBuyReiterated
    Morgan StanleyOverweightMaintained
    DA DavidsonBuyReiterated
    Morgan StanleyOverweightMaintained
    Piper SandlerOverweightUpgraded
    JefferiesBuyUpgraded
    Morgan StanleyOverweightUpgraded
    JefferiesHoldDowngraded
    Stifel NicolausHoldMaintained
    Piper JaffrayNeutralMaintained
    JP MorganOverweightMaintained
    Wells FargoUnderperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Piper JaffrayNeutralMaintained
    DA DavidsonBuyReiterated
    Piper JaffrayNeutralUpgraded
    Morgan StanleyEqual-WeightUpgraded
    DA DavidsonBuyUpgraded
    JP MorganNeutralUpgraded
    JefferiesBuyUpgraded
    Wells FargoUnderperformMaintained
    Morgan StanleyUnderweightMaintained
    BMO CapitalMarket PerformMaintained
    Wells FargoUnderperformDowngraded
    BMO CapitalMarket PerformMaintained
    Stifel NicolausHoldMaintained
    PiperJaffrayUnderweightDowngraded
    JefferiesHoldDowngraded
    DA DavidsonNeutralDowngraded
    CitigroupNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    OppenheimerPerformDowngraded
    OppenheimerOutperformInitiated
    Morgan StanleyUnderweightDowngraded
    CitigroupBuyMaintained
    BMO CapitalMarket PerformDowngraded
    KeyBancSector WeightInitiated
    JP MorganUnderweightDowngraded
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalOutperformMaintained
    PiperJaffrayNeutralDowngraded
    DA DavidsonBuyInitiated
    CitigroupBuyInitiated
    JefferiesBuyInitiated
    BMO CapitalOutperformInitiated
    William BlairOutperformInitiated
    Wells FargoMarket PerformInitiated
    SunTrust Robinson HumphreyBuyInitiated
    Stifel NicolausHoldInitiated
    PiperJaffrayOverweightInitiated
    Morgan StanleyEqual-WeightInitiated
    JP MorganNeutralInitiated

    e.l.f. Beauty Inc (ELF) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.079
    The average consensus EPS for ELF is $0.079 with a high estimate of $0.105 and Low of $0.059 for the period 2022-03-31 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.21$0.132022-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.24162021-09-30
    $0.21$0.132022-06-30
    $0.27$0.15022022-03-31
    $0.16$0.09612021-12-31
    $0.16$0.12692021-06-30
    $0.17$0.0422021-03-31
    $0.1$0.04782020-12-31
    $0.24$0.15552020-09-30
    $0.15$0.09392020-06-30
    $0.14$0.06572020-03-31
    $0.06$0.05352019-12-31
    $0.3$0.22222019-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).