elf Beauty Inc (ELF) Gets a Hold Rating from Jefferies


Jefferies analyst Stephanie Wissink reiterated a Hold rating on elf Beauty Inc (ELF) today and set a price target of $9. The company’s shares opened today at $7.20, close to its 52-week low of $6.71.

According to TipRanks.com, Wissink is ranked #3620 out of 5215 analysts.

elf Beauty Inc has an analyst consensus of Hold, with a price target consensus of $8.42, representing a 16.9% upside. In a report released today, BMO Capital also maintained a Hold rating on the stock with a $7 price target.

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Based on elf Beauty Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $3.92 million. In comparison, last year the company had a net profit of $21.48 million.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

e.l.f. Beauty, Inc. is a holding company, which engages in cosmetics and skin-care product. It operates through U.S and International geographical segments. The company sells cosmetics products through retail customers, e.l.f. stores and e-commerce channels. The company was founded on December 20, 2013 and is headquartered in Oakland, CA.

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