e.l.f.(US:ELF) ZACKS·2024-06-13 23:12Company Performance - e.l.f. Beauty is expected to report an EPS of $0.93, reflecting a 15.45% decline compared to the same quarter last year [1] - The anticipated quarterly revenue is $299.84 million, which represents a 38.59% increase from the previous year [1] - For the full year, the Zacks Consensus Estimates project earnings of $3.42 per share and revenue of $1.28 billion, indicating changes of +7.55% and +25.49% respectively from the prior year [12] Valuation Metrics - e.l.f. Beauty has a Forward P/E ratio of 57.63, significantly higher than the industry average Forward P/E of 26.83, suggesting that the company is trading at a premium [3] - The company has a PEG ratio of 4.17, compared to the industry average PEG ratio of 3.47, indicating a higher valuation relative to expected earnings growth [9] Industry Context - The Cosmetics industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 190, placing it in the bottom 25% of over 250 industries [4] - Over the past month, shares of e.l.f. Beauty have gained 17.23%, while the Consumer Staples sector has lost 3.57% and the S&P 500 has gained 3.96% [6] Analyst Sentiment - Recent adjustments in analyst estimates for e.l.f. Beauty reflect shifting dynamics in short-term business patterns, with positive revisions indicating optimism about the company's outlook [7] - The Zacks Rank system currently rates e.l.f. Beauty as 3 (Hold), with the consensus EPS estimate moving 4.07% lower over the past month [8]