By Mill Chart
Last update: Feb 22, 2024
In this article we will dive into ELF BEAUTY INC (NYSE:ELF) as a possible candidate for growth investing. Investors should always do their own research, but we noticed ELF BEAUTY INC showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.
Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:ELF boasts a 9 out of 10:
ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:ELF was assigned a score of 5 for health:
ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:ELF, the assigned 8 is noteworthy for profitability:
In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, NYSE:ELF has a 7 as its setup rating, indicating its current consolidation status.
ELF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Our latest full fundamental report of ELF contains the most current fundamental analsysis.
For an up to date full technical analysis you can check the technical report of ELF
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
ELF BEAUTY INC
NYSE:ELF (4/26/2024, 7:04:00 PM)
After market: 179.63 0 (0%)179.63
+3.6 (+2.05%)
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