Short Interest in elf Beauty Inc (ELF) Grows By 54.0%

Posted March 12, 2017

The stock's price switched up -0.12% 20-Days Simple Moving Average, added 1.92% from 50-Days Simple Moving Average and rose 8.19% from 200 Days Simple Moving Average. Morgan Stanley now owns 411,444 shares of the company's stock valued at $97,917,000 after buying an additional 59,691 shares during the last quarter. Oppenheimer Holdings Inc. restated an outperform rating on shares of Ulta Beauty in a report on Tuesday, December 20th. Analysts polled by FactSet had expected earnings of $2.14 a share on sales of $1.54 billion. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the company.

Ulta Beauty's net income for the quarter, ended January 30, surged 30% to a better-than-expected $140.2 million, from $107.8 million in the year-ago period. Ulta Beauty has a 1-year low of $186.60 and a 1-year high of $287.19. The stock has a market capitalization of $17.82 billion, a P/E ratio of 43.93 and a beta of 0.65. The consensus estimate was for EPS of $2.13. If you are reading this report on another site, it was copied illegally and reposted in violation of USA and worldwide copyright & trademark legislation. The original version of this story can be accessed at https://www.chaffeybreeze.com/2017/03/11/ulta-beauty-inc-ulta-rating-reiterated-by-wells-fargo-co.html.

Several hedge funds have recently bought and sold shares of ULTA.

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"On the merchandising front we continue to see trends similar to the preceding quarters, with prestige cosmetics leading the way, but with strength across all major categories and newness contributing significantly to our performance", said Ulta Beauty CEO Mary Dillon on a conference call. TCW Group Inc. purchased a new stake in e.l.f. Beauty during the fourth quarter worth about $603,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in Ulta Beauty during the fourth quarter worth about $112,000. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Alyeska Investment Group L.P. purchased a new stake in e.l.f. Beauty during the fourth quarter worth about $695,000. Advantage Investment Management LLC purchased a new stake in Ulta Beauty during the fourth quarter valued at $144,000. The Company is a beauty retailer. Institutional investors own 86.21% of the company's stock.