|Bid||0.00 x 1200|
|Ask||0.00 x 1800|
|Day's Range||9.91 - 10.34|
|52 Week Range||6.70 - 20.75|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||31.59|
|Earnings Date||May 7, 2019 - May 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.14|
E.L.F. Beauty has named Mandy Fields chief financial officer, succeeding John Bailey, who stepped down from the role, effective March 31. Fields joins from BevMo, a top retailer of alcoholic beverages on the West Coast. She has 15 years of finance experience. E.L.F. Beauty shares closed up 0.3% in Thursday trading, and have gained 14% in 2019. The S&P 500 index has also gained nearly 14% for the year to date.
Beauty (ELF) (the “Company”) today announced the appointment of Mandy Fields to the role of Senior Vice President - Chief Financial Officer, effective April 22, 2019. Ms. Fields will report to Tarang Amin, Chairman and Chief Executive Officer, and oversee all financial aspects of the Company. Ms. Fields has over 15-years of finance experience, most recently serving as the Chief Financial Officer of BevMo!, the number one retailer of alcoholic beverages on the West Coast, with 163 stores across California, Washington and Arizona.
E.L.F. Beauty Inc. said in a Friday filing that prominent Silicon Valley private-equity investor Bill McGlashan has resigned from the company's board of directors, effectively immediately. McGlashan, a founder and partner at TPG Growth, was charged earlier this week in the sweeping college admissions scandal, for allegedly trying to buy his son's way into the University of Southern California using a fake athlete profile. He was ousted from TPG. At E.L.F., Stephen Ellis, a managing partner at TPG, was appointed to the board. Shares of E.L.F. fell 0.7% in the extended session Friday after ending the regular session up 8.6%.
e.l.f. Beauty (ELF) delivered earnings and revenue surprises of 42.86% and -4.81%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Sephora said Monday that it will add 35 locations in 2019, including a store in New York's newest development, Hudson Yards, which launches on March 14. Other cities getting a new Sephora store include Palm Springs, Calif., Washington D.C., and Ft. Lauderdale, Fla. Sephora has 460 stores in the Americas, and 660 locations in J.C. Penney Co. Inc. stores. E.L.F. Beauty Inc. announced in February that it will close all of its 22 stores. The SPDR S&P Retail ETF has gained 8.1% for the year to date while the S&P 500 index has rallied 10% for the period.
Beauty (ELF) continues to impress, registering better-than-expected earnings in last week's release. Its revenue came in light at $78.6 million while non-GAAP earnings per share were 30 cents for the fourth-quarter, beating by 9 cents. Beauty sells cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, foundation for face, moisturizer, cleanser and others at affordable price points, typically between $1 and $6.
E.L.F. Beauty Inc.'s decision to shutter all 22 of its stores is getting support from the analyst community. "We believe the exit from the retail business is a prudent move," wrote SunTrust Robinson Humphrey in a note. "We never fully understood how this helped a brand that was already widely available for a consumer with limited brand loyalty." SunTrust rates E.L.F. shares buy with a $13 price target. "While the closures will result in a one-time accounting charge of $23 million-to-$25 million, to be recorded in the transition period, we view this decision positively, as the company clearly wasn't succeeding in operating its own stores, and can better allocate those resources to marketing, product development and driving sales growth through retailer channels," wrote Stifel analysts. They rate E.L.F. shares hold with a $7 price target. E.L.F.'s Chief Executive Tarang Amin agreed, saying on the call that the "stores require resources we believe can be better deployed to other brand building initiatives," according to a FactSet transcript. The stores closed effective February 26 with associates paid through March 9 along with severance benefits. Amin said the store expenses exceeded gross margins by more than $1.5 million in 2018. "Cowen estimates that ELF can recapture at least half of these lost sales given its broad presence in major national retailers, plus ~10% penetration on elfcosmetics.com," Cowen analysts wrote in a note. They rates E.L.F. shares outperform, but cut their price target to $8.50 from $14. E.L.F. stock plummeted 22% in Wednesday trading, and are down 63.6% over the last year. The S&P 500 index has gained 1.7% over the past 12 months.
e.l.f. Beauty Inc (NYSE: ELF ) reported topline results Tuesday that were 4 percent below expectations and guided to fourth-quarter 2019 revenue that's15 percent lower than the current consensus estimate. ...
E.L.F. Beauty (NYSE:ELF) announced its latest quarterly earnings results after hours, bringing in a profit that topped what Wall Street called for, but a revenue miss sent shares sinking late Tuesday.The California-based international cosmetics brand announced that it brought in fourth quarter net income at roughly $9.6 million, about 20 cents per share. The figure was less than half of its year-ago profit of $21.5 million, or 44 cents per share.E.L.F. Beauty added that its earnings tallied up to 30 cents per share on an adjusted basis, 9 cents above the FactSet guidance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company's sales for the period came in at $78.6 million, about $3 million below its $81.6 million from the year-ago quarter. Wall Street was projecting E.L.F. Beauty to rake in revenue of $84.5 million, according to FactSet.The cosmetics business added that its E.L.F. Beauty stores were responsible for 5% of the company's net sales in 2018. Expect the company to take a one-time charge of around $23 million to $25 million for its current quarter ending March 31, 2019. The brand added that CFO John Bailey is stepping down on the same day.Revenue during this transition period is slated to be in the range of $55 million to $58 million, while adjusted earnings is projected to be between 4 cents and 6 cents per share.ELF stock was down about 16.7% after the bell on Tuesday as the company reported revenue that missed what Wall Street was calling for. Shares had been falling a touch above 0.1% during regular trading hours ahead of E.L.F. Beauty's results. More From InvestorPlace * 9 High-Growth Stocks to Buy Now for Monster Returns * 7 Cheap Stocks That Make the Grade * 7 Healthy Dividend Stocks to Buy for Extra Stability Compare Brokers The post E.L.F. Beauty Earnings: ELF Stock Plummets Despite Q4 Earnings Beat appeared first on InvestorPlace.
E.L.F. Beauty Inc. shares took a 10.1% nose dive in Tuesday late trading after the company reported worse-than-expected fourth-quarter sales and said it would close all 22 of its stores. Net income totaled $9.6 million, or 20 cents per share, down from $21.5 million, or 44 cents per share, for the same period last year. Adjusted EPS was 30 cents, beating the 21-cent FactSet consensus. Sales totaled $78.6 million, down from $81.6 million last year and below the $84.5 million FactSet consensus. E.L.F. Beauty stores accounted for 5% of net sales in 2018. The company plans to focus on national retailers and digital platforms after its store closures. The company expects to take a one-time charge of $23 million to $25 million, recorded at the period ending March 31, 2019. E.L.F. also announced that its Chief Financial Officer John Bailey would be stepping down, also effective on March 31, 2019. E.L.F. is shifting its fiscal year from Jan. 1 through Dec. 31 to April 1 through March 31 to align with national retailer cosmetic shelves, which are reset in February or March. The company expects transition period revenue of $55 million to $58 million and adjusted EPS of 4 cents to 6 cents. E.L.F. shares have sunk 55.6% over the past year while the S&P 500 index is up 0.5% for the period.
On Tuesday, Feb. 26, e.l.f. Beauty (NYSE: ELF ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Analysts predict e.l.f. Beauty will report ...
It will be a packed day in Washington as Federal Reserve Chairman Jerome Powell and CEOs from big pharma companies head to Capitol Hill to testify.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! e.l.f. Beauty, Inc. (NYSE:ELF) shareholders, and potential investors, need toRead More...
Beauty (ELF) (the “Company”) today announced that the Company will conduct a conference call to discuss its fourth quarter and fiscal year 2018 results on Tuesday, February 26, 2019, at 4:30 p.m. Eastern Time. A press release detailing the Company’s fourth quarter and fiscal year 2018 results will be issued prior to the call. The conference call will be hosted by Tarang Amin, Chairman and Chief Executive Officer, and John Bailey, President and Chief Financial Officer.
Beauty has agreed to pay nearly $1 million to settle liabilities stemming from violations of the North Korea Sanctions Regulations. Beauty imported 156 shipments of false eyelash kits from two Chinese suppliers that sourced materials from North Korea. A $1 million settlement for a company with annual revenues of $270 million is not usually enough to bat an eyelash, except when it has to do with North Korea.
If you own shares in e.l.f. Beauty, Inc. (NYSE:ELF) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure Read More...
E.l.f. Beauty Inc. shares jumped 6.2% in Friday premarket trading after the company received a letter from activist investors Marathon Partners Equity Management LLC requesting, among other things, a re-evaluation of the shareholders agreement. "We believe the board has been overly accommodative to the interests of TPG on several levels, and this stance has harmed the independent public shareholders of e.l.f.," Marathon's letter said. The equity firm said it has suggested improved governance measures over the past six months, and while some have been enacted, "specifically such that the compensation committee is no longer composed solely of TPG-designated directors," there are other steps that should be taken. Marathon suggests separating the chief executive and chairman roles, assigning a non-TPG designated director as lead independent director, and a reassessment of the stockholders agreement. "Our primary concern is the ongoing presence of a third TPG-designated director on the Board while TPG has seemingly failed to satisfy the requisite 30% minimum ownership threshold of e.l.f.'s outstanding shares required to attain this level of representation," the letter said. Other issues Marathon raises include reducing operating expenses and executive compensation. E.l.f. shares have plummeted 60% in the last year while the S&P 500 index has slumped 7% for the period.
Highly Concerned by the Board's Apparent Unwillingness to Address Shareholder Issues in an Effective and Timely Manner Recommends the Board Undertake a Full Review of the Company's Operating Strategy, ...
NEW YORK, Jan. 25, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.