e.l.f. Beauty, Inc. (ELF) Is At $18.95 Formed Wedge; First Trust (FEO) Has 1.43 Sentiment

April 16, 2018 - By John Hoffman

e.l.f. Beauty, Inc. (ELF) formed wedge down with $18.19 target or 4.00% below today’s $18.95 share price. e.l.f. Beauty, Inc. (ELF) has $898.71M valuation. The stock decreased 2.67% or $0.52 during the last trading session, reaching $18.95. About 263,304 shares traded. e.l.f. Beauty, Inc. (NYSE:ELF) has declined 26.15% since April 16, 2017 and is downtrending. It has underperformed by 37.70% the S&P500.

First Trust (FEO) investors sentiment increased to 1.43 in Q4 2017. It’s up 0.18, from 1.25 in 2017Q3. The ratio increased, as 10 institutional investors increased and started new positions, while 7 sold and decreased holdings in First Trust. The institutional investors in our database now have: 1.57 million shares, down from 1.64 million shares in 2017Q3. Also, the number of institutional investors holding First Trust in top ten positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 6 Increased: 6 New Position: 4.

Among 6 analysts covering e.l.f. Beauty (NYSE:ELF), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. e.l.f. Beauty has $34 highest and $20 lowest target. $27.33’s average target is 44.22% above currents $18.95 stock price. e.l.f. Beauty had 8 analyst reports since October 17, 2016 according to SRatingsIntel. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Thursday, December 21. Stifel Nicolaus maintained it with “Hold” rating and $20 target in Wednesday, November 1 report. Wells Fargo initiated e.l.f. Beauty, Inc. (NYSE:ELF) on Monday, October 17 with “Market Perform” rating. The company was initiated on Monday, October 17 by Piper Jaffray. The rating was downgraded by JP Morgan on Friday, December 15 to “Underweight”. The rating was initiated by Morgan Stanley on Monday, October 17 with “Equal-Weight”. The stock has “Neutral” rating by JP Morgan on Monday, October 17. The firm earned “Overweight” rating on Monday, May 1 by Piper Jaffray.

Analysts await e.l.f. Beauty, Inc. (NYSE:ELF) to report earnings on May, 9. They expect $0.04 EPS, down 20.00% or $0.01 from last year’s $0.05 per share. ELF’s profit will be $1.90 million for 118.44 P/E if the $0.04 EPS becomes a reality. After $0.21 actual EPS reported by e.l.f. Beauty, Inc. for the previous quarter, Wall Street now forecasts -80.95% negative EPS growth.

The stock decreased 0.54% or $0.09 during the last trading session, reaching $15.96. About 19,754 shares traded or 11.37% up from the average. First Trust/Aberdeen Emerging Opportunity Fund (FEO) has risen 4.35% since April 16, 2017 and is uptrending. It has underperformed by 7.20% the S&P500.

e.l.f. Beauty, Inc. (NYSE:ELF) Ratings Chart