e.l.f. Beauty (ELF) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this cosmetics company have returned -17.1% over the past month versus the Zacks S&P 500 composite's +1.8% change. The Zacks Cosmetics industry, to which e.l.f. Beauty belongs, has lost 5.1% over this period. Now the key question is: Where could the stock be headed in the near term?While ...

Shana Novak/DigitalVision via Getty Images Introduction & Investment Thesis e.l.f. Beauty (NYSE:ELF) is a multi-brand beauty company that offers premium-quality cosmetics and skincare products at accessible prices compared to its competitors. It has performed at par with the S&P 500 and Nasdaq 100 YTD, although over the last 5 years, it has outperformed the indices by more than 10x. The company released its Q3 FY24 earnings report in February, where its revenues and earnings grew by 85% and 61% YoY respecti ...

What are the defining features of millionaire-maker stocks? First, they must be fast-growing companies exceeding their industry’s growth, supporting stock outperformance. Second, their growth must be backed by secular tailwinds enabling multi-year growth.In the current investment landscape, different industries will originate several millionaire-maker stocks. For example, the cybersecurity threat environment has dramatically changed due to the rise of state-sponsored attacks. This means that security spendi ...

Momentum is a powerful force in the stock market. Once a stock becomes popular, its ascent can defy logic and lead to a stretched valuation. While some popular stocks crash within a few months, others live up to the hype. A swift recovery in 2023 has carried into 2024, with the S&P 500 and Nasdaq 100 both up year-to-date. Some investors look for opportunities to outperform the established benchmarks. While following the crowds isn’t always the best approach, strong fundamentals can justify a stampede among ...

e.l.f. Beauty is ringing the opening bell at the New York Stock Exchange on Monday, March 18, 2024, in celebration of 20 years of disrupting norms, shaping culture and connecting communities. (Photo: Business Wire)e.l.f. Beauty is ringing the opening bell at the New York Stock Exchange on Monday, March 18, 2024, in celebration of 20 years of disrupting norms, shaping culture and connecting communities. (Photo: Business Wire)NEW YORK--(BUSINESS WIRE)--e.l.f. Beauty (NYSE: ELF) reached a historic milestone in ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about e.l.f. Beauty (ELF) .e.l.f. Beauty currently has an average broke ...

LONDON--(BUSINESS WIRE)--e.l.f. Beauty (NYSE: ELF) officially opened its first European office in London furthering a commitment to grow the company’s international business. Across e.l.f. Beauty’s business, the company is prioritizing three areas for overall growth and market penetration: color cosmetics, skin care and international. International net sales grew 119% year-over-year in the last quarter (Q3 FY 24). Q3 FY 2024 Earnings Webcast “We see significant runway in both the U.K. and other markets ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about e.l.f. Beauty (ELF) .e.l.f. Beauty currently has an average broke ...

As this bull market heats up, frothy valuations are beginning to show up. Some companies are garnering unwarranted attention by just mentioning AI in their earnings call. Avoid getting caught up in the hype by considering undervalued growth stocks showing impressive results today. Identifying undervalued growth stocks means searching for companies with strong potential for future growth that are currently priced affordably. Historical growth and the total addressable market are good indicators of growth pos ...

OAKLAND, Calif.--(BUSINESS WIRE)--e.l.f. Beauty (NYSE: ELF) today announced Chairman and Chief Executive Officer, Tarang Amin, and Senior Vice President and Chief Financial Officer, Mandy Fields will be presenting at the Consumer Analyst Group of New York's (CAGNY) annual conference in Boca Raton, Fla., on Friday, February 23, 2024 at 11:00 a.m. ET. The webcast will be broadcasted live at https://investor.elfbeauty.com/news-and-events/events-and-presentations. For those unable to listen to the live broadca ...