ELF Beauty

e.l.f. Beauty shares fell 4.0% in regular trading on July 2, closing at $75.615, reversing a pre-market bounce from $77.31 and a 20% rebound over the past month. The decline was driven by persistent profitability concerns following Q4 fiscal 2026 results that showed a net loss of $49.37 million (EPS -$0.84) versus a net profit of $39.38 million a year earlier, despite a 35% revenue increase to $449.3 million. The stock opened at $78.78 but quickly dropped to an intraday low of $74.345 before recovering slightly, trading well below its 52-week high of $150.99 but 54.9% above the 52-week low of $48.82. The current price also sits above its 20-day moving average of $63.42 and 60-day MA of $61.24, suggesting near-term support, though the high PE ratio of 170.78 and recent insider selling weigh on sentiment.