3 hours Ago By ABMN Staff
Shares of Ulta Beauty, Inc. ( NASDAQ:ULTA – Get Free Report ) have earned a consensus rating of “Hold” from the twenty-four ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and twelve have assigned a buy recommendation to the company.
The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $459.22. ULTA has been the subject of a number of recent analyst reports.
Stifel Nicolaus raised their price target on Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a report on Tuesday, January 7th.
Canaccord Genuity Group lifted their price target on Ulta Beauty from $500.00 to $538.00 and gave the company a “buy” rating in a report on Tuesday, January 7th.
Telsey Advisory Group reissued an “outperform” rating and set a $500.00 price objective on shares of Ulta Beauty in a report on Tuesday, January 7th. StockNews.
com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Barclays raised their price target on shares of Ulta Beauty from $410.00 to $445.
00 and gave the company an “equal weight” rating in a report on Thursday, January 9th. Read Our Latest Analysis on Ulta Beauty Ulta Beauty Price Performance Ulta Beauty ( NASDAQ:ULTA – Get Free Report ) last issued its earnings results on Thursday, December 5th. The specialty retailer reported $5.
14 EPS for the quarter, beating the consensus estimate of $4.45 by $0.69.
Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%.
The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion.
During the same quarter in the previous year, the company earned $5.07 EPS. The firm’s revenue for the quarter was up 1.
7% compared to the same quarter last year. On average, research analysts anticipate that Ulta Beauty will post 23.99 earnings per share for the current year.
Institutional Trading of Ulta Beauty Hedge funds have recently bought and sold shares of the stock. Venturi Wealth Management LLC increased its position in shares of Ulta Beauty by 94.1% during the fourth quarter.
Venturi Wealth Management LLC now owns 165 shares of the specialty retailer’s stock worth $72,000 after acquiring an additional 80 shares in the last quarter. Evergreen Wealth Management LLC increased its holdings in Ulta Beauty by 5.1% during the 4th quarter.
Evergreen Wealth Management LLC now owns 2,170 shares of the specialty retailer’s stock worth $944,000 after purchasing an additional 106 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of Ulta Beauty by 7.8% in the 4th quarter.
Sanctuary Advisors LLC now owns 3,973 shares of the specialty retailer’s stock valued at $1,663,000 after purchasing an additional 288 shares during the period. Allworth Financial LP lifted its holdings in shares of Ulta Beauty by 55.1% in the fourth quarter.
Allworth Financial LP now owns 214 shares of the specialty retailer’s stock valued at $90,000 after purchasing an additional 76 shares in the last quarter. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Ulta Beauty in the fourth quarter valued at about $652,000. 90.
39% of the stock is currently owned by institutional investors and hedge funds. About Ulta Beauty ( Get Free Report Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.
com website, and its mobile applications. See Also Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter .
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