Is Most-Watched Stock e.l.f. Beauty (ELF) Worth Betting on Now?

Company Performance - e.l.f. Beauty has experienced a significant decline in stock price, returning -39.9% over the past month, while the Zacks S&P 500 composite increased by +2.2% [1] - The Zacks Cosmetics industry, which includes e.l.f. Beauty, has lost 15.6% during the same period [1] - The company reported revenues of $355.32 million in the last quarter, reflecting a year-over-year increase of +31.1% [9] - The earnings per share (EPS) for the last quarter was$ 0.74, unchanged from the previous year [9] Earnings Estimates - For the current quarter, e.l.f. Beauty is expected to post earnings of $0.74 per share, indicating a year-over-year change of +39.6% [4] - The Zacks Consensus Estimate for the current fiscal year is$ 3.33, showing a year-over-year change of +4.7%, but has decreased by -14.8% over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is $3.63, indicating a +9.1% change from the previous year, with a recent decrease of -16.5% [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is$ 327.88 million, indicating a year-over-year change of +2.1% [8] - For the current fiscal year, the sales estimate is $1.31 billion, reflecting a +27.8% change, while the next fiscal year's estimate is$ 1.45 billion, indicating an +11.1% change [8] Valuation - e.l.f. Beauty has a Zacks Rank of 5 (Strong Sell), suggesting potential underperformance in the near term [6][15] - The company is graded F on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14]