Previous Close | 161.46 |
Open | 164.48 |
Bid | 176.60 x 800 |
Ask | 177.89 x 900 |
Day's Range | 163.10 - 178.13 |
52 Week Range | 83.80 - 221.83 |
Volume | |
Avg. Volume | 1,464,254 |
Market Cap | 9.824B |
Beta (5Y Monthly) | 1.55 |
PE Ratio (TTM) | 78.31 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
TikTok, the short-form video platform owned by Chinese company ByteDance, launched in 2016 and exploded in popularity during the pandemic. According to Statista, TikTok was downloaded globally around 984 million times in 2020 up from 703 million times in 2019. Depending on TikTok has risks.
e.l.f. Beauty (ELF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
According to the average brokerage recommendation (ABR), one should invest in e.l.f. Beauty (ELF). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?