Company Performance - e.l.f. Beauty's stock increased by 1.16% to $130.98, outperforming the S&P 500's daily gain of 0.83% [1] - Over the last month, e.l.f. Beauty's shares rose by 10.44%, while the Consumer Staples sector experienced a loss of 0.61% and the S&P 500 gained 4.99% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.85, reflecting a 22.73% decline compared to the same quarter last year [2] - Revenue is anticipated to be $350.96 million, indicating an 8.16% increase from the same quarter last year [2] Full Year Projections - Zacks Consensus Estimates project full-year earnings of $3.66 per share and revenue of $1.65 billion, representing increases of 7.96% and 25.39% respectively from the previous year [3] - Recent analyst estimate revisions suggest optimism regarding e.l.f. Beauty's business and profitability [3] Valuation Metrics - e.l.f. Beauty is currently trading at a Forward P/E ratio of 35.37, which is higher than the industry average Forward P/E of 22.8 [6] - The company has a PEG ratio of 2.28, compared to the average PEG ratio of 1.32 for cosmetics stocks [6] Industry Context - The Cosmetics industry is part of the Consumer Staples sector, holding a Zacks Industry Rank of 63, placing it in the top 26% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
e.l.f. Beauty (ELF) Beats Stock Market Upswing: What Investors Need to Know