|Bid||15.16 x 800|
|Ask||0.00 x 800|
|Day's Range||15.00 - 15.36|
|52 Week Range||6.70 - 19.96|
|Beta (3Y Monthly)||2.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 24, 2020 - Feb 28, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.72|
Nu Skin (NUS) is battling headwinds in Mainland China thanks to increased scrutiny by the government. Also, management provides an unimpressive view for 2019.
Shares of low-cost cosmetics company E.l.f. Beuty Inc. slid 1.4% in premarket trade Tuesday, after investment company Marathon Partners urged the company to consider all of its strategic options, including a possible sale of the company. Marathon, which owns a 7.8% stake in E.l.f., said in a letter to the board that it believes the company is wroth about $22 to $27 a share to strategic buyers and argued that it would be "highly challenging" for the company to exceed the midpoint of that range if it remains independent. "Senior management has shown little discipline in matching revenue and expense growth in the past, and it is unlikely that plans to grow shareholder value as an independent entity will suddenly start bearing fruit," said the letter. Marathon criticized the company for its "excessive" executive compensation, corporate governance lapses and a credibility gap with public investors. With private-equity firm TPG now exiting its investment in E.l.f., Marathon urged the board to address "a corporate governance mess." Shares have gained 89% in 2019, while the S&P 500 has gained 25%.
Marathon Partners Equity Management, LLC, a New York-based investment firm, and its affiliated investment funds (collectively "Marathon Partners"), which beneficially own approximately 7.8% of the common stock of e.l.f. Beauty, Inc. ("e.l.f." or the "Company") (NYSE: ELF), announced today that it has delivered a letter to the Company's Board of Directors (the "Board") recommending that the Board seek a sale of the Company through a strategic alternatives process.
Estee Lauder (EL) continues to benefit from brand strength and solid emerging market presence. However, soft traffic in the United States and the U.K is a concern.
Flowers Foods (FLO) is gaining from buyouts and efficient pricing strategy. However, rising production costs are a drag on performance.
Avon's (AVP) Open Up strategy and productivity efforts appear promising. Also, its endeavors to expand the e-commerce business are driving growth.
Cosmetics (ELF) today announced the launch of its annual Beautyscape event that mixes beauty with business, to inspire and connect its community of beauty enthusiasts in a unique way. Beautyscape provides them with access to the best of beauty and the opportunity to learn, compete and collaborate alongside other up-and-coming beauty enthusiasts. This year, over 1,400 beauty loyalists -- nearly twice the entries from 2018 -- submitted their best tropical-inspired makeup look to compete for the coveted spots.
E.L.F. Beauty shut its stores earlier this year and is now focused on its website and other channels.
Elf Beauty earnings easily topped fiscal Q2 views while the bargain cosmetics maker's sales rose. Shares broke out, but then erased gains.
Dexcom and Elf Beauty exploded past buy points Thursday as China trade comments spurred an early rally.