e.l.f.(US:ELF) ZACKSยท2024-12-11 23:52Company Performance - e.l.f. Beauty's stock closed at $138.47, reflecting a +0.63% change, underperforming the S&P 500's +0.82% gain for the day [1] - The stock has increased by 4.77% over the past month, outperforming the Consumer Staples sector's gain of 0.86% and the S&P 500's gain of 0.8% [1] Earnings Projections - The upcoming earnings disclosure is projected to show earnings per share (EPS) of $0.76, a 2.7% increase year-over-year [2] - Revenue is expected to reach $327 million, indicating a 20.69% increase compared to the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $3.60 per share, representing a +13.21% change from the previous year [3] - Revenue for the fiscal year is estimated at $1.33 billion, reflecting a +30.3% increase from the prior year [3] Analyst Sentiment - Recent shifts in analyst projections for e.l.f. Beauty are important as they reflect short-term business trends [4] - Positive revisions in estimates indicate analyst optimism regarding the company's business and profitability [4] Zacks Rank and Performance - e.l.f. Beauty currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate moving 0.39% higher over the last 30 days [6] - The Zacks Rank system has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [6] Valuation Metrics - e.l.f. Beauty has a Forward P/E ratio of 38.22, which is a premium compared to the industry average of 27.52 [7] - The company has a PEG ratio of 2.35, higher than the Cosmetics industry's average PEG ratio of 2.03 [7] Industry Context - The Cosmetics industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 234, placing it in the bottom 7% of over 250 industries [8] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]