e.l.f. Beauty Inc. (ELF Quick QuoteELF - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $24.47 to $26.90 in the past one-month time frame.

The company has seen two negative estimate revisions in the past two months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

e.l.f. Beauty currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

e.l.f. Beauty Inc. Price and Consensus

e.l.f. Beauty Inc. Price and Consensus | e.l.f. Beauty Inc. Quote

Investors interested in the Cosmeticsindustry may consider a better-ranked stock like Inter Parfums, Inc. (IPAR Quick QuoteIPAR - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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