On Tuesday, e.l.f. Beauty earned a positive adjustment to its Relative Strength (RS) Rating, from 80 to 86.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
e.l.f. Beauty is not currently offering a proper buying opportunity. See if the stock goes on to build a sound pattern that could launch a new move.
While sales growth fell last quarter from 31% to 4%, EPS grew 47%, up from 0% in the previous report.
e.l.f. Beauty holds the No. 4 rank among its peers in the Cosmetics/Personal Care industry group. ODDITY Tech is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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