2 weeks Ago By ABMN Staff
Ulta Beauty, Inc. ( NASDAQ:ULTA – Get Free Report ) has been given an average rating of “Hold” by the twenty-four analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and twelve have assigned a buy recommendation to the company.
The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $425.29. Several analysts have recently weighed in on ULTA shares.
Wells Fargo & Company dropped their price objective on shares of Ulta Beauty from $325.00 to $300.00 and set an “underweight” rating for the company in a report on Friday, August 30th.
Robert W. Baird dropped their price objective on shares of Ulta Beauty from $525.00 to $485.
00 and set an “outperform” rating for the company in a report on Friday, August 23rd. UBS Group dropped their price objective on shares of Ulta Beauty from $550.00 to $505.
00 and set a “buy” rating for the company in a report on Friday, August 30th. Oppenheimer lowered their price target on shares of Ulta Beauty from $450.00 to $435.
00 and set an “outperform” rating for the company in a report on Friday, August 30th. Finally, Telsey Advisory Group lowered their target price on shares of Ulta Beauty from $500.00 to $450.
00 and set an “outperform” rating for the company in a report on Friday, August 30th. Read Our Latest Stock Report on Ulta Beauty Insider Buying and Selling at Ulta Beauty Hedge Funds Weigh In On Ulta Beauty Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vima LLC acquired a new stake in shares of Ulta Beauty during the fourth quarter worth $27,000.
Riverview Trust Co acquired a new stake in shares of Ulta Beauty during the first quarter worth $30,000. Sound Income Strategies LLC increased its position in shares of Ulta Beauty by 490.0% during the first quarter.
Sound Income Strategies LLC now owns 59 shares of the specialty retailer’s stock worth $31,000 after buying an additional 49 shares during the period. LRI Investments LLC acquired a new stake in shares of Ulta Beauty during the first quarter worth $31,000. Finally, UMB Bank n.
a. increased its position in shares of Ulta Beauty by 83.3% during the second quarter.
UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock worth $25,000 after buying an additional 30 shares during the period.
90.39% of the stock is currently owned by institutional investors and hedge funds. Ulta Beauty Trading Down 0.
5 % Shares of NASDAQ:ULTA opened at $404.01 on Friday. Ulta Beauty has a 1 year low of $318.
17 and a 1 year high of $574.76. The firm has a fifty day moving average price of $368.
40 and a 200 day moving average price of $401.69. The stock has a market capitalization of $19.
04 billion, a PE ratio of 15.76, a P/E/G ratio of 2.30 and a beta of 1.
31. Ulta Beauty ( NASDAQ:ULTA – Get Free Report ) last released its earnings results on Thursday, August 29th. The specialty retailer reported $5.
30 earnings per share for the quarter, missing the consensus estimate of $5.47 by ($0.17).
The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.61 billion.
Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%.
The firm’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.
02 EPS. On average, sell-side analysts forecast that Ulta Beauty will post 23.21 earnings per share for the current fiscal year.
Ulta Beauty Company Profile ( 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.
Read More 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 ..
