Media headlines about e.l.f. Beauty (NYSE:ELF) have trended somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. e.l.f. Beauty earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.8201138732989 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
- Zacks: Brokerages Anticipate e.l.f. Beauty Inc (ELF) Will Post Quarterly Sales of $81.70 Million (americanbankingnews.com)
- Insider Selling: e.l.f. Beauty Inc (ELF) Insider Sells 5,522 Shares of Stock (americanbankingnews.com)
- e.l.f. Beauty Inc (ELF) Expected to Announce Earnings of $0.17 Per Share (americanbankingnews.com)
- Christian Siriano Teams Up With E.L.F. For an Electrifying Collection (popsugar.com)
- e.l.f. Beauty Announces Fourth Quarter and Fiscal Year 2017 Earnings Release Date and Conference Call and Webcast (finance.yahoo.com)
A number of research firms have issued reports on ELF. DA Davidson lowered their target price on e.l.f. Beauty to $23.00 and set a “buy” rating on the stock in a report on Monday, January 15th. Zacks Investment Research lowered e.l.f. Beauty from a “buy” rating to a “hold” rating in a report on Friday, January 12th. Wells Fargo & Co reaffirmed a “hold” rating on shares of e.l.f. Beauty in a report on Monday, January 8th. KeyCorp began coverage on e.l.f. Beauty in a report on Wednesday, December 20th. They issued a “sector weight” rating on the stock. Finally, JPMorgan Chase & Co. lowered e.l.f. Beauty from a “neutral” rating to an “underweight” rating and set a $18.00 target price on the stock. in a report on Friday, December 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. e.l.f. Beauty has a consensus rating of “Buy” and an average price target of $23.31.
Shares of e.l.f. Beauty (ELF) opened at $20.24 on Tuesday. e.l.f. Beauty has a fifty-two week low of $18.20 and a fifty-two week high of $31.10. The firm has a market capitalization of $936.30 and a P/E ratio of 53.26. The company has a current ratio of 2.17, a quick ratio of 0.95 and a debt-to-equity ratio of 0.89.
In other news, insider Scott Milsten sold 5,522 shares of e.l.f. Beauty stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $19.80, for a total transaction of $109,335.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.50% of the stock is currently owned by company insiders.
WARNING: This article was originally posted by Stock Observer and is the sole property of of Stock Observer. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.thestockobserver.com/2018/02/20/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-e-l-f-beauty-elf-share-price.html.
About e.l.f. Beauty
e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.
Receive News & Ratings for e.l.f. Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty and related companies with MarketBeat.com's FREE daily email newsletter.