D.A. Davidson analyst Linda Bolton Weiser maintained a Buy rating on e.l.f. Beauty (ELF) today and set a price target of $25.00. The company’s shares closed last Thursday at $20.09, close to its 52-week high of $20.95.
According to TipRanks.com, Weiser is a 4-star analyst with an average return of 4.1% and a 52.7% success rate. Weiser covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Lifetime Brands, and 1-800 Flowers.
e.l.f. Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $22.50, implying a 8.0% upside from current levels. In a report released today, Truist Financial also maintained a Buy rating on the stock with a $25.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $20.95 and a one-year low of $7.58. Currently, e.l.f. Beauty has an average volume of 831.9K.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ELF in relation to earlier this year.
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 the provision of cosmetic and skin-care product. It operates through the U.S and International geographical segments. The company focuses on the e-commerce, national retailers, and international business channels. Its product portfolio includes eyes, lips, face, kits, tools, and skin care categories. The company was founded in 2004 and is headquartered in Oakland, CA.