Jonah’s Growth Stock Deep Dives

Jonah’s Growth Stock Deep Dives

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Jonah’s Growth Stock Deep Dives
Jonah’s Growth Stock Deep Dives
Part 1: Deep dive on Elf Beauty ($ELF)

Part 1: Deep dive on Elf Beauty ($ELF)

Jonah Lupton's avatar
Jonah Lupton
Sep 21, 2023
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Jonah’s Deep Dives on Large/Mega Caps
We provide 3-4 deep dive writeups per month on large caps and mega caps which are companies with a market capitalization above $10 billion
By Jonah Lupton
Trading the Charts
Trading the Charts is a daily email with my favorite trading setups. You'll get access to my current trading portfolio, buys & sells, position sizes, entry & exit prices, and perhaps even some living trading & charting sessions.
By Jonah Lupton


Company: e.l.f. Beauty (stands for eyes, lips, face)

Ticker: (ELF)

Website: ElfCosmetics.com

IPO date: September 2001 (traditional IPO)

IPO price: $15.00

Current stock price: $102.95

Outstanding shares: 54.45 million

52 week high: $139.85 on August 31, 2023

52 week low: $36.77 on September 30, 2022

ATH: $139.85 on August 31, 2023

Market cap: $5.6 billion

Net cash/debt: +$0.6 billion (net cash)

Enterprise value: $5.0 billion

Headquarters: Oakland, California, United States

Number of employees: 340+

Average price target from analysts: $149.45 (~10 analysts)


Investor Relations: https://investor.elfbeauty.com

Q1 FY 2024 Earnings Report: https://investor.elfbeauty.com/news-and-events/press-releases/elf-beauty-announces-first-quarter-fiscal-2024-results

Q1 FY 2024 Earnings Presentation: https://investor.elfbeauty.com/sites/elf-ir/files/2023-08/elf-beauty-fq1-fy24-earnings.pdf 


Outline

  1. Introduction [tomorrow or part 2]

  2. Company Background [part 1]

  3. Opportunity [part 1]

  4. Business Model [part 1]

  5. Competitive Advantages [part 1]

  6. Risks [part 1]

  7. Valuation [part 2]

  8. Investment Model [part 2]

  9. Analysts [part 2]

  10. Technicals [part 2]

  11. Conclusion [part 2]

  12. Additional Sources [part 1, part 2]

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