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How to Buy Elf Beauty Stock

Elf Beauty Inc

Elf Beauty is a household & personal product company located in California, United States, which is part of the Consumer Defensive sector, and is traded under the ticker ELF on the NYSE exchange.

Elf Beauty stock last closed at $170.70, down 9.69% from the previous day, and has increased 43.86% in one year. It has overperformed other stocks in the Household & Personal Products industry by 0.5 percentage points. Elf Beauty stock is currently +92.95% from its 52-week low of $88.47, and -23.05% from its 52-week high of $221.83.

There are currently 55.94M ELF shares outstanding. The market capitalization of ELF is $9.55B. In the past 24 hours, 1.97M ELF shares were traded.

How to Buy Elf Beauty Stock

Wondering how to invest in Elf Beauty stock? Here's how.
  1. Decide where to buy Elf Beauty stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Elf Beauty stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your payment method and add your info.
  4. Evaluate Elf Beauty stock: The Elf Beauty ticker symbol is ELF. Is Elf Beauty stock a good investment? Should you buy shares of ELF? How do ELF's underlying business fundamentals look? Do top analysts think Elf Beauty is a good buy? Why has ELF's stock price moved recently? (Hint: Our stock market research website can help you figure out if ELF is a good stock to buy).
  5. Place your ELF purchase: Decide if you will purchase ELF shares at the current market price or use a limit order to buy ELF stock at a particular price.
  6. Track your ELF position: Create a watchlist to important updates regarding your investment in Elf Beauty stock.

Step 1: Decide where to buy Elf Beauty stock

You will need a brokerage account in order to access the NYSE market and buy ELF shares.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you are able to buy ELF today.

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Step 3: Deposit funds into your investment account

Now that you have opened your account on the highest rated stock app, your next step is to transfer the money for your investment:

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Step 4: Evaluate Elf Beauty stock

After you have figured out the best place to buy Elf Beauty stock, it's critical to evaluate their stock prior to investing, so you actually wrap your head around the risk and opportunity.

Elf Beauty quick stats

ELF Price
$170.70
1w %
-14.42%
1y %
43.86%
5y %
910.06%
P/E
73.26x
P/B
14.86x
P/S
9.13x
PEG
2.79x
Revenue
$1.02B
Earnings
$127.66M
Fore. Rev. Growth
20.57%
Fore. Earn. Growth
26.28%
Market Cap
$9.55B
Next Earnings
Aug 8, 2024
Next Dividend
N/A

Elf Beauty Overview

WallStreetZen was built to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on ELF's stock page.

What is the fair value of ELF stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ELF's fair value.

Using relative valuations ratios:

  • ELF could be overvalued based on its P/E ratio of 73.26x, relative to Household & Personal Products industry P/E ratio of 16.06x
  • ELF may be overvalued based on its P/B ratio of 14.86x, relative to Household & Personal Products industry P/B ratio of 7.7x
  • ELF may be overvalued based on its PEG ratio of 2.79x

You can access more valuation research on ELF's stock here.

A quick look at ELF Financials

Pros:

  • ELF's operating cash flow of $71.15M allows it to safely service it's debt of $283.59M.
  • Total ELF debt is lower than 5 years ago, relative to shareholder equity.
  • ELF earnings of $148.01M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the ELF balance sheet.
  • ELF profit margin has gone up from 10.6% to 12.5% in the past year.
  • There are more short-term assets than short-term liabilities on the ELF balance sheet.

Cons:

  • ELF has a relatively high debt to equity ratio of 0.76.

Is Elf Beauty stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 11 sell side analysts who give ratings on ELF, the consensus analyst rating on Elf Beauty is a Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

Most Recent ELF Analyst Forecasts

Linda Bolton Weiser, a bottom 26% analyst from DA Davidson maintains ELF with a strong buy rating and maintains their ELF price target from $220.00 to $220.00, on Jun 3, 2024.

Bill Chappell, a bottom 10% analyst from Truist Securities maintains ELF with a strong buy rating and raises their ELF price target from $200.00 to $210.00, on May 29, 2024.

Truist Securities's Bill Chappell raised their price target on Elf Beauty (NYSE: ELF) by 5% from $200 to $210 on 2024/05/29. The analyst maintained their Strong Buy rating on the stock.

After reviewing Elf Beauty's "outstanding" Q4 and FY 2024 earnings and "highly conservative management guidance," Chappell updated their model and raised their FY 2025 EBITDA estimate from $284M to $290M.

The analyst thinks Elf Beauty has an opportunity to succeed as it expands into new markets and introduces innovative products.

Earnings Report

Elf Beauty reported:

For Q4 2024:

  • EPS of 0.53, which beat the Zacks Consensus Estimate of $0.35 and, by 26.2%, Q4 2023's $0.42.
  • Revenue of $321.14M, which beat the Zacks Consensus Estimate by 9.81% and Q4 2023's $187.36M by 71.4%.
  • Adjusted EBITDA of $40.9M, up 93% Y/Y.

For FY 2024:

  • EPS of $3.18, up 91.6% from FY 2023's $1.66.
  • Revenue of $1.024B, up 77% Y/Y.
  • Adjusted EBITDA of $234.7M, up 101% Y/Y.

For FY 2025, management guided:

  • EPS of $3.20 to $3.25.
  • Revenue of 1.23B to 1.25B.
  • Adjusted EBITDA of $285M to $289M.

Chairman & CEO Tarang Amin: “FY 2024 marked our strongest year of net sales growth on record, a continuation of the exceptional, consistent, category-leading growth we’ve delivered.

“In Q4, we grew net sales by 71% and expanded our market share by 325 bps, marking our 21st consecutive quarter of net sales and market share growth.

"As we look ahead, we believe we are still in the early innings of unlocking the full potential we see for e.l.f. Beauty across cosmetics, skincare, and international markets.”

Andrea Teixeira, a top 15% analyst from JP Morgan maintains ELF with a strong buy rating and lowers their ELF price target from $197.00 to $182.00, on May 23, 2024.

Mark Astrachan, a top 7% analyst from Stifel Nicolaus maintains ELF with a hold rating and lowers their ELF price target from $167.00 to $151.00, on May 20, 2024.

Dara Mohsenian, a top 4% analyst from Morgan Stanley maintains ELF with a hold rating and raises their ELF price target from $168.00 to $184.00, on Feb 7, 2024.

You can dig deeper into what analysts are forecasting on the Elf Beauty stock forecast page.

ELF Technicals

SMA10
198.5
SMA20
203.42
SMA50
187.72
SMA100
186.32
SMA200
159.01
MACD
-0.2
MACD Signal
3.89
MACD Histogram
-4.09
RSI
35.48
Stochastic %K
5.17
Stochastic %D
23.7
StochRSI %K
0
StochRSI %D
16.13

ELF Earnings

Last year, ELF earnings were $127.66M. In the last four year, ELF's earnings have gone up by 58.41% per year. This was faster than the Household & Personal Products industry average of 1.83%.

Last year, ELF revenue was $1.02B. Over the past five year, ELF's revenue has grown by 30.78% per year. This was faster than the Household & Personal Products industry average of 4.58%.

You can analyze ELF's earnings and revenue performance here.

Who is buying/selling ELF?

In the past 12 months, insiders at ELF have sold more shares than they have bought.

Joshua Allen Franks, SVP Operations of ELF, was the latest ELF insider to sell. They sold $182,498.69 worth of ELF stock on Jul 15, 2024.

Learn more about who owns ELF shares here.

Does ELF stock generate passive income?

No, Elf Beauty doesn't provide an income stream by paying out dividends.

ELF Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your ELF purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, place a limit order.

Press the Open Trade button and eToro will place the order.

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Step 6: Track your ELF position

Now that you own some ELF stock, you'll want to stay up-to-date on your shares.

Start a watchlist to track your ELF stock.

ELF Feed

How to Buy Stock in Elf Beauty

To reiterate, here are the 6 steps you need to take to buy Elf Beauty stock right now:

  1. Decide where to buy Elf Beauty stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Elf Beauty stock
  5. Place your ELF purchase
  6. Track your ELF position

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your new investment in Elf Beauty, add ELF to your watchlist below.

NYSE: ELF
$170.70-18.32 (-9.69%)
Updated Jul 17, 2024
Open eToro Account
NYSE: ELF
$170.70-18.32 (-9.69%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Elf Beauty share?

As of Jul 17, 2024, it costs $170.70 to buy one share of Elf Beauty stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.586 shares of ELF.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Elf Beauty stock?

According to 11 Wall Street analysts who monitor Elf Beauty, their consensus recommendation is to buy Elf Beauty stock.

What is the best way to buy Elf Beauty stock?

One way to place an order for Elf Beauty stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.