Beauty stock continues to shine, and Chief Financial Officer Mandy Fields told Barron’s why that is. The makeup brand sells cosmetic and skin care products at discounted prices relative to peers, and has seen shares soar more than 1,000% from its $17 initial public offering price in 2016. Mandy Fields became CFO of e.l.f.
ELF Beauty stock had its Relative Strength (RS) Rating upgraded from 85 to 93 Friday. ELF Beauty reported positive Q4 fiscal 2024 results and upbeat Fiscal 2025 guidance. IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
The Nasdaq and S&P 500 hit record highs, but fell back despite booming Nvidia. The Dow Jones suffered significant weekly losses.