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

e.l.f. Beauty (NYSE:ELF) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 6,494,919 shares, an increase of 21.4% from the February 26th total of 5,348,317 shares. Currently, 11.4% of the company’s stock are short sold. Based on an average trading volume of 2,351,520 shares, the short-interest ratio is presently 2.8 days.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ELF shares. Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, January 21st. Wall Street Zen raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a report on Saturday, January 24th. JPMorgan Chase & Co. upped their target price on e.l.f. Beauty from $103.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Finally, Jefferies Financial Group assumed coverage on shares of e.l.f. Beauty in a research report on Wednesday, January 14th. They set a “buy” rating and a $110.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $120.47.

Institutional Investors Weigh In On e.l.f. Beauty

Several large investors have recently bought and sold shares of the company. Granite Investment Partners LLC acquired a new stake in shares of e.l.f. Beauty in the 2nd quarter worth $20,778,000. Tran Capital Management L.P. acquired a new position in shares of e.l.f. Beauty during the 3rd quarter valued at about $7,436,000. Vanguard Group Inc. boosted its position in shares of e.l.f. Beauty by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock valued at $708,377,000 after acquiring an additional 14,651 shares during the last quarter. Summit Creek Advisors LLC grew its holdings in shares of e.l.f. Beauty by 14.6% in the third quarter. Summit Creek Advisors LLC now owns 101,453 shares of the company’s stock valued at $13,440,000 after purchasing an additional 12,936 shares during the period. Finally, SG Americas Securities LLC increased its position in e.l.f. Beauty by 1,967.8% during the fourth quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock worth $11,805,000 after purchasing an additional 147,745 shares during the last quarter. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

e.l.f. Beauty Stock Down 2.6%

Shares of ELF stock opened at $59.46 on Tuesday. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99. The stock has a market cap of $3.51 billion, a P/E ratio of 33.59, a P/E/G ratio of 5.13 and a beta of 1.67. The stock has a 50 day moving average of $81.05 and a 200 day moving average of $94.26. 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 results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.72 by $0.52. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company had revenue of $489.51 million for the quarter, compared to analyst estimates of $461.78 million. During the same quarter last year, the business earned $0.74 earnings per share. The firm’s revenue was up 37.8% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, sell-side analysts expect that e.l.f. Beauty will post 2.38 EPS for the current year.

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.