e.l.f. Beauty (ELF) closed the most recent trading day at $82.26, moving +1.68% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 1.66%. Meanwhile, the Dow experienced a rise of 1.19%, and the technology-dominated Nasdaq saw an increase of 2.78%.

The cosmetics company's stock has climbed by 2.73% in the past month, falling short of the Consumer Staples sector's gain of 2.89% and outpacing the S&P 500's loss of 1.49%.

The investment community will be paying close attention to the earnings performance of e.l.f. Beauty in its upcoming release. The company is slated to reveal its earnings on August 5, 2026. The company is predicted to post an EPS of $0.71, indicating a 20.22% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $425.66 million, showing a 20.33% escalation compared to the year-ago quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.3 per share and a revenue of $1.86 billion, indicating changes of +5.43% and +13.57%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for e.l.f Beauty. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.41% downward. As of now, e.l.f. Beauty holds a Zacks Rank of #3 (Hold).

Looking at its valuation, e.l.f. Beauty is holding a Forward P/E ratio of 24.5. Its industry sports an average Forward P/E of 24.5, so one might conclude that e.l.f. Beauty is trading at no noticeable deviation comparatively.

Also, we should mention that ELF has a PEG ratio of 2.31. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Cosmetics stocks are, on average, holding a PEG ratio of 0.84 based on yesterday's closing prices.

The Cosmetics industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 170, this industry ranks in the bottom 31% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

See Stocks Now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

e.l.f. Beauty (ELF): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research