E.l.f. Beauty cut its guidance after seeing soft sales trends in January and mixed holiday results. CEO Tarang Amin told CNBC the category slowed due in part to a hangover from holiday discounting and changes in the way people were posting online amid the potential TikTok ban.
E.l.f. Beauty relies heavily on China for manufacturing and was "relieved" to learn new duties from President Donald Trump were only 10%. "We actually were somewhat relieved when it was only 10 points, because at one time the rhetoric was as high as 60% tariffs," CEO Tarang Amin told CNBC.
E.l.f. Beauty (ELF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
E.l.f. Beauty (ELF) reachead $106.16 at the closing of the latest trading day, reflecting a +1.68% change compared to its last close.
Individual investors can leverage their time, smaller size, and focus on quality to outperform short-term traders and index investors. e.l.f. Beauty, with its small market cap and high growth potential, represents a promising long-term investment opportunity. Despite potential risks like earnings volatility and tariffs, ELF's valuation and growth prospects make it a compelling buy.
The latest trading day saw e.l.f. Beauty (ELF) settling at $116.69, representing a -1.52% change from its previous close.
e.l.f. Beauty (ELF) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
e.l.f Beauty has shown impressive revenue growth of over 350% since 2019, driven by low manufacturing costs, innovative marketing, and strong product innovation. The stock is considered a good midterm holding due to its continued growth potential, despite a high valuation of 36 times forward PE. ELF's marketing strategy targets Gen Z and Millennials, emphasizing affordability, quality, and ethical practices, which resonate well with these demographics.
LOS ANGELES, CA / ACCESSWIRE / January 15, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of e.l.f. Beauty, Inc. ("e.l.f.
LOS ANGELES, CA / ACCESSWIRE / January 14, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of e.l.f. Beauty, Inc. ("e.l.f.
LOS ANGELES, CA / ACCESSWIRE / January 13, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of e.l.f. Beauty, Inc. ("e.l.f.