SunTrust Robinson analyst William Chappell reiterated a Buy rating on elf Beauty Inc (NYSE: ELF) yesterday and set a price target of $18. The company’s shares opened today at $11.30, close to its 52-week low of $10.33.
According to TipRanks.com, Chappell is a 4-star analyst with an average return of 9.8% and a 65.3% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Scotts Miracle-Gro Company, Edgewell Personal Care, and Hostess Brands Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for elf Beauty Inc with a $14.79 average price target, representing a 30.9% upside. In a report issued on July 25, Jefferies also reiterated a Buy rating on the stock with a $18 price target.
.
See today’s analyst top recommended stocks >>
Based on elf Beauty Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $1.25 million. In comparison, last year the company had a net profit of $3.97 million.
Based on the recent corporate insider activity of 22 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.
