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Why e.l.f. Beauty (ELF) Dipped More Than Broader Market Today
e.l.f.e.l.f.(US:ELF) ZACKS·2024-12-26 23:51

Company Performance - The Zacks Consensus Estimates predict e.l.f. Beauty's earnings at $3.60 per share and revenue at $1.33 billion for the fiscal year, reflecting increases of +13.21% and +30.38% respectively from the previous year [1] - The upcoming EPS is projected at $0.77, indicating a 4.05% increase compared to the same quarter of the previous year, with revenue expected to be $327.59 million, a 20.91% increase year-over-year [11] Valuation Metrics - e.l.f. Beauty has a PEG ratio of 1.78, compared to the Cosmetics industry's average PEG ratio of 1.68 [2] - The company is currently traded at a Forward P/E ratio of 36.6, which is a premium relative to the industry's average Forward P/E of 27.34 [12] Stock Performance - e.l.f. Beauty's shares have increased by 3.74% over the last month, outperforming the Consumer Staples sector's loss of 4.32% and the S&P 500's gain of 1.05% [6] - The most recent trading session ended with e.l.f. Beauty at $130.90, reflecting a -0.77% change from the previous trading day's closing [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for e.l.f. Beauty indicate a favorable outlook on the company's business health and profitability [9] - The Zacks Rank for e.l.f. Beauty is currently 3 (Hold), with the Zacks Rank system historically outperforming, with 1 stocks returning an average annual gain of +25% since 1988 [7] Industry Context - The Cosmetics industry is part of the Consumer Staples sector, which has a Zacks Industry Rank of 207, placing it in the bottom 18% of over 250 industries [10]