e.l.f.(US:ELF) ZACKS·2024-06-21 22:50Core Viewpoint - Analysts expect e.l.f. Beauty to report earnings of $3.42 per share and revenue of $1.29 billion for the full year, reflecting increases of +7.55% and +25.53% respectively from the previous year [1] Company Performance - e.l.f. Beauty's stock closed at $205.91, down -1.59% from the previous day, underperforming the S&P 500 which fell by 0.16% [2] - The company is projected to report an EPS of $0.92, indicating a 16.36% decrease from the same quarter last year, while revenue is expected to reach $300.26 million, up 38.79% year-over-year [5] - Over the past month, e.l.f. Beauty's shares have increased by 13.24%, outperforming the Consumer Staples sector which declined by 3.04% and the S&P 500 which gained 3.15% [8] Valuation Metrics - e.l.f. Beauty has a Forward P/E ratio of 61.11, significantly higher than the industry average of 25.35 [6] - The company also has a PEG ratio of 4.42, compared to the Cosmetics industry's average PEG ratio of 3.38 [11] Analyst Estimates - Recent changes in analyst estimates for e.l.f. Beauty indicate a shifting business landscape, with positive revisions suggesting optimism about the company's outlook [7] - The Zacks Rank for e.l.f. Beauty is currently 3 (Hold), with a 4.01% decline in the Zacks Consensus EPS estimate over the past month [9]