What Investors Need to Know

e.l.f. Beauty (ELF) ended the recent trading session at $55.19, demonstrating a -9.32% change from the preceding day’s closing price. This change lagged the S&P 500’s daily gain of 0.19%. At the same time, the Dow added 0.19%, and the tech-heavy Nasdaq gained 0.1%.

The cosmetics company’s stock has dropped by 6.56% in the past month, falling short of the Consumer Staples sector’s gain of 1.94% and the S&P 500’s gain of 9.13%.

Analysts and investors alike will be keeping a close eye on the performance of e.l.f. Beauty in its upcoming earnings disclosure. The company’s earnings report is set to go public on May 20, 2026. The company’s earnings per share (EPS) are projected to be $0.29, reflecting a 62.82% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $426.15 million, indicating a 28.11% upward movement from the same quarter last year.

ELF’s full-year Zacks Consensus Estimates are calling for earnings of $3.1 per share and revenue of $1.61 billion. These results would represent year-over-year changes of -8.55% and +22.83%, respectively.

Investors should also pay attention to any latest changes in analyst estimates for e.l.f Beauty. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we’ve formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.18% downward. e.l.f. Beauty currently has a Zacks Rank of #3 (Hold).

In the context of valuation, e.l.f. Beauty is at present trading with a Forward P/E ratio of 16.64. Its industry sports an average Forward P/E of 16.64, so one might conclude that e.l.f. Beauty is trading at no noticeable deviation comparatively.

Meanwhile, ELF’s PEG ratio is currently 2.24. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. The average PEG ratio for the Cosmetics industry stood at 0.92 at the close of the market yesterday.