In a report released today, Erinn Murphy from Piper Jaffray downgraded elf Beauty Inc (NYSE: ELF) to Sell. The company’s shares closed yesterday at $14.91, close to its 52-week low of $13.36.
According to TipRanks.com, Murphy is a 1-star analyst with an average return of -0.6% and a 48.2% success rate. Murphy covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Wolverine World Wide, and G-III Apparel Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for elf Beauty Inc with a $18.80 average price target.
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The company has a one-year high of $26 and a one-year low of $13.36. Currently, elf Beauty Inc has an average volume of 506.2K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock.
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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.
