e.l.f. Beauty (NYSE:ELF) Short Interest Update

e.l.f. Beauty (NYSE:ELF) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 5,348,317 shares, a decrease of 20.5% from the February 12th total of 6,727,406 shares. Based on an average daily volume of 2,017,453 shares, the short-interest ratio is currently 2.7 days. Approximately 9.4% of the shares of the company are short sold. Approximately 9.4% of the shares of the company are short sold. Based on an average daily volume of 2,017,453 shares, the short-interest ratio is currently 2.7 days.

e.l.f. Beauty Price Performance

ELF stock traded up $0.79 during trading on Friday, hitting $73.37. The company had a trading volume of 3,008,920 shares, compared to its average volume of 2,079,810. The company has a fifty day moving average price of $84.66 and a two-hundred day moving average price of $99.31. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99. The company has a market cap of $4.33 billion, a P/E ratio of 41.45, a P/E/G ratio of 6.17 and a beta of 1.68. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.52. The firm had revenue of $489.51 million during the quarter, compared to analyst estimates of $461.78 million. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The business’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Equities research analysts expect that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on ELF. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $92.00 target price on shares of e.l.f. Beauty in a research report on Thursday, January 29th. Zacks Research upgraded e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Wall Street Zen upgraded e.l.f. Beauty from a “sell” rating to a “hold” rating in a research note on Saturday, January 24th. Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, January 21st. Finally, Citigroup increased their price objective on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $119.13.

Hedge Funds Weigh In On e.l.f. Beauty

Several institutional investors have recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of e.l.f. Beauty in the fourth quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in e.l.f. Beauty during the 4th quarter worth approximately $32,000. EverSource Wealth Advisors LLC increased its holdings in e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares in the last quarter. Finally, Arax Advisory Partners bought a new position in e.l.f. Beauty in the 4th quarter valued at $41,000. 92.44% of the stock is owned by institutional investors.

e.l.f. Beauty Company Profile

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.