A Glimpse Into The Expert Outlook On e.l.f. Beauty Through 5 Analysts
Portfolio Pulse from Benzinga Insights
e.l.f. Beauty (NYSE:ELF) has received mixed analyst ratings over the past quarter, with 5 analysts offering opinions ranging from bullish to indifferent. The average 12-month price target for ELF has increased by 14.79% to $167.6, with a high estimate of $180.00 and a low of $137.00. Analysts from firms including Morgan Stanley, Raymond James, JP Morgan, and DA Davidson have raised their price targets, indicating a positive outlook on the company's performance. e.l.f. Beauty has demonstrated strong financial health with a revenue growth of 76.14%, a net margin of 15.44%, an ROE of 6.73%, an ROA of 4.74%, and a low debt-to-equity ratio of 0.16.
January 22, 2024 | 12:00 pm
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POSITIVE IMPACT
e.l.f. Beauty has received positive analyst ratings with an increased average price target of $167.6. The company's strong financial performance is reflected in its revenue growth, net margin, ROE, ROA, and low debt-to-equity ratio.
The positive revisions in analyst ratings and price targets, combined with e.l.f. Beauty's strong financial performance, suggest a bullish short-term impact on the stock price. The substantial revenue growth and profitability metrics are likely to instill investor confidence and could lead to an increase in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100