Here's How Much $100 Invested In e.l.f. Beauty 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market with an annualized return of 66.58% over the past 5 years, leading to an average annual return of 78.73%. A $100 investment in ELF 5 years ago would now be worth $1,829.42. This showcases the impact of compounded returns on investment growth over time.
February 21, 2024 | 6:30 pm
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e.l.f. Beauty (ELF) has demonstrated exceptional growth over the past 5 years, with a $100 investment growing to $1,829.42, reflecting an average annual return of 78.73%.
The significant outperformance of e.l.f. Beauty compared to the market, as indicated by its 66.58% annualized return and the substantial growth of a $100 investment to $1,829.42, suggests a strong positive sentiment towards ELF. This historical performance, coupled with the current market capitalization of $9.43 billion, indicates a robust financial health and growth trajectory that could continue to attract investor interest in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100