e.l.f.(ELF)
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ELF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that e.l.f. Beauty, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-03-09 20:00
Core Viewpoint - A class action lawsuit has been filed against e.l.f. Beauty, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased e.l.f. securities between November 1, 2023, and November 19, 2024 [2]. - The complaint alleges that the defendants made materially false and misleading statements regarding the company's business and financial prospects [3]. - Specific allegations include rising inventory levels due to declining sales, false attribution of inventory issues, and inflated revenue and profit reports [3]. Group 2: Next Steps - Investors who suffered losses in e.l.f. have until May 5, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering significant amounts for investors in securities fraud cases [6].
E.L.F. BEAUTY ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against e.l.f.
GlobeNewswire News Room· 2025-03-08 02:00
Core Viewpoint - A class action lawsuit has been filed against e.l.f. Beauty, Inc. for allegedly making false and misleading statements regarding its financial performance and inventory management during the class period from November 1, 2023, to November 19, 2024 [1][3]. Summary by Relevant Sections - **Lawsuit Details** - The lawsuit is filed in the United States District Court for the Northern District of California on behalf of all individuals and entities who purchased e.l.f. Beauty securities during the specified class period [1]. - Investors have until May 5, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. - **Allegations Against the Company** - The complaint alleges that e.l.f. Beauty inflated revenue and other financial metrics to maintain investor confidence [3]. - The company reportedly misrepresented rising inventory levels, attributing them to changes in sourcing rather than underlying issues [3]. - The public statements made by the company were deemed false and materially misleading throughout the class period, leading to investor damages once the truth was revealed [3].
ELF Investors with Losses in Excess of $100K Have Opportunity to Lead e.l.f. Beauty, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-03-07 21:54
NEW YORK, March 7, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of e.l.f. Beauty, Inc. ("Elf") (NYSE: ELF) between November 1, 2023 and November 19, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 5, 2025.So what: If you purchased Elf securities during the Class Per ...
E.L.F. BEAUTY, INC. (NYSE: ELF) INVESTOR ALERT: Investors With Large Losses in E.L.F.
GlobeNewswire News Room· 2025-03-07 18:37
Group 1 - A shareholder has filed a securities class action lawsuit on behalf of investors who purchased or acquired the securities of E.L.F. Beauty, Inc. between November 1, 2023 and November 19, 2024 [1] - The complaint alleges that the defendants made misleading statements regarding the Company's revenue and inventory [2] - Investors wishing to serve as lead plaintiff must file papers by May 5, 2025, but participation in any recovery does not require serving as lead plaintiff [2] Group 2 - Bernstein Liebhard LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [3] - Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients and has represented both individual investors and large public and private pension funds [4]
ELF Investors Have Opportunity to Lead e.l.f. Beauty, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-03-07 14:07
Core Viewpoint - A class action lawsuit has been filed against e.l.f. Beauty, Inc. for alleged violations of securities laws, specifically related to false and misleading statements made by the company regarding its financial performance and inventory levels [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between November 1, 2023, and November 19, 2024, during which the company allegedly inflated revenue and other financial metrics to maintain investor confidence [2][4]. - The Schall Law Firm is representing investors and encourages those who suffered losses to participate in the lawsuit before the deadline of May 5, 2025 [2][5]. Group 2: Allegations Against the Company - The complaint claims that e.l.f. Beauty made false statements to the market, particularly regarding rising inventory levels, which the company misattributed to changes in sourcing rather than underlying issues [4]. - The misleading public statements are said to have caused significant damages to investors once the truth about the company's financial situation was revealed [4].
Here's How to Play e.l.f. Beauty Stock After a 54% Drop in 3 Months
ZACKS· 2025-03-05 15:15
Company Overview - e.l.f. Beauty, Inc. (ELF) has experienced a significant stock price decline of 54.2% over the past three months, underperforming the industry decline of 21.7% and the broader Zacks Consumer Staples sector growth of 2.4% [1] - The stock closed at $25.90, nearing its 52-week low of $21.10, and is trading below its 50 and 200-day moving averages, indicating potential weakness [2][8] Valuation Concerns - Despite the stock price decline, e.l.f. Beauty is trading at a forward 12-month P/E ratio of 17.71, which is higher than competitors like Nu Skin Enterprises, Inc. (7.26) and Coty Inc. (11.89), raising questions about its valuation [4] - The company's Value Score of F adds to concerns regarding its future performance [4] Market Challenges - The beauty and cosmetics industry is facing challenges due to evolving consumer preferences, rising inflation, and cautious spending, which are impacting many brands, including e.l.f. Beauty [9] - e.l.f. Beauty has lowered its fourth-quarter fiscal 2025 sales guidance to a modest -1% to +2%, indicating a potential slowdown in growth [10] Competitive Landscape - Established beauty giants like The Estee Lauder Companies continue to dominate the market, while indie brands are attracting consumers with niche offerings and innovative marketing strategies [10] - e.l.f. Beauty's adjusted SG&A expenses increased to 61% of net sales in the fiscal third quarter, up from 59% the previous year, reflecting higher spending on marketing and operations [11] Earnings Outlook - The Zacks Consensus Estimate for e.l.f. Beauty's earnings per share has been revised downward over the past 30 days, indicating a growing bearish outlook among analysts [12] - Recent estimates show a decline in expected earnings for the current and upcoming fiscal years, with current estimates at 0.74 for Q1 2025 and 3.33 for the current year [13] Growth Initiatives - e.l.f. Beauty is focusing on growth initiatives, including strengthening its brand through innovation and strategic expansion, with its skincare segment now representing 18% of total retail sales [14] - The company is expanding retail partnerships and maintaining high productivity per square foot among major cosmetics brands, positioning itself for long-term success [14]
Is Most-Watched Stock e.l.f. Beauty (ELF) Worth Betting on Now?
ZACKS· 2025-02-21 15:05
Company Performance - e.l.f. Beauty has experienced a significant decline in stock price, returning -39.9% over the past month, while the Zacks S&P 500 composite increased by +2.2% [1] - The Zacks Cosmetics industry, which includes e.l.f. Beauty, has lost 15.6% during the same period [1] - The company reported revenues of $355.32 million in the last quarter, reflecting a year-over-year increase of +31.1% [9] - The earnings per share (EPS) for the last quarter was $0.74, unchanged from the previous year [9] Earnings Estimates - For the current quarter, e.l.f. Beauty is expected to post earnings of $0.74 per share, indicating a year-over-year change of +39.6% [4] - The Zacks Consensus Estimate for the current fiscal year is $3.33, showing a year-over-year change of +4.7%, but has decreased by -14.8% over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is $3.63, indicating a +9.1% change from the previous year, with a recent decrease of -16.5% [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $327.88 million, indicating a year-over-year change of +2.1% [8] - For the current fiscal year, the sales estimate is $1.31 billion, reflecting a +27.8% change, while the next fiscal year's estimate is $1.45 billion, indicating an +11.1% change [8] Valuation - e.l.f. Beauty has a Zacks Rank of 5 (Strong Sell), suggesting potential underperformance in the near term [6][15] - The company is graded F on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14]
3 Growth Stocks Down 30% or More to Buy Right Now
The Motley Fool· 2025-02-21 08:22
Core Viewpoint - The S&P 500 has increased by 81% over the last five years, reaching an all-time high, making it challenging to find quality growth stocks that are not also hitting new highs [1] Group 1: Five Below - Five Below has demonstrated strong revenue growth, with net sales up 12% year-over-year for the first three quarters of fiscal 2024, attributed to the opening of 205 new stores [3] - The company plans to open approximately 1,800 additional stores by 2030, indicating its growth potential [3] - Despite challenges from inflation and international sourcing, the stock price may already reflect these issues, trading at about 20 times the expected earnings per share of $4.34 to $4.52 [5] - Five Below has a robust balance sheet with over $200 million in cash and no debt, positioning it well to navigate economic challenges [6] Group 2: The Trade Desk - The Trade Desk reported a revenue miss for Q4 2024, generating $741 million against a guidance of at least $756 million, leading to a stock decline of over 40% [7] - The company has undergone a significant reorganization to enhance growth potential, as stated by CEO Jeff Green [8] - The Trade Desk's addressable market is estimated at $1 trillion, with current platform revenue at $12 billion, indicating substantial growth opportunities [10] - Despite a drop in Q4 revenue growth to 22% and a forecast of 17% for the next quarter, the management's track record suggests potential for recovery [10][11] Group 3: e.l.f. Beauty - e.l.f. Beauty's management anticipates only a 2% increase in net sales for the upcoming fiscal fourth quarter of 2025, but this may be a temporary setback [12] - The company has gained market share in mass-market cosmetics, despite current sales slowing [13][14] - International sales for e.l.f. Beauty grew by 66% year-over-year in Q3, representing only 20% of total sales, indicating significant growth potential in international markets [15]
Berman Tabacco Announces Investigation of e.l.f. Beauty, Inc. (ELF)
Newsfilter· 2025-02-20 01:00
Core Viewpoint - Berman Tabacco is investigating potential securities law violations by e.l.f. Beauty, Inc. following significant concerns regarding the company's revenue and a notable decline in its stock price [1][2]. Investigation Details - On November 20, 2024, concerns were raised by the CEO of Muddy Waters Capital, who indicated he was shorting e.l.f. Beauty's stock due to revenue-related issues [2]. - On February 7, 2025, e.l.f. Beauty's shares experienced a decline of up to 28% after the company lowered its fiscal-year projections for sales and profits [2]. Company Background - e.l.f. Beauty, Inc. is a cosmetics company based in Oakland, California, and is publicly traded on the NYSE under the ticker symbol ELF [1]. - Berman Tabacco has a long history of prosecuting securities cases on behalf of investors and has received recognition for its work in this field [3].
What's a Good Price to Buy e.l.f. Beauty Stock?
The Motley Fool· 2025-02-19 13:30
Core Insights - The article discusses the investment positions of Parkev Tatevosian, CFA, and mentions that The Motley Fool has positions in and recommends e.l.f. Beauty [1] Company Insights - e.l.f. Beauty is highlighted as a recommended stock by The Motley Fool, indicating a positive outlook on the company's performance and potential for growth [1]