Ulta Beauty (ULTA) Stock Price, News & Analysis

$399.56
-1.48 (-0.37%)
(As of 05/17/2024 ET)
Today's Range
$396.06
$402.37
50-Day Range
$388.48
$567.18
52-Week Range
$368.02
$574.76
Volume
533,523 shs
Average Volume
702,747 shs
Market Capitalization
$19.15 billion
P/E Ratio
15.34
Dividend Yield
N/A
Price Target
$539.55

Ulta Beauty MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
35.0% Upside
$539.55 Price Target
Short Interest
Healthy
3.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.83
Upright™ Environmental Score
News Sentiment
0.82mentions of Ulta Beauty in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$12.92 M Sold Last Quarter
Proj. Earnings Growth
9.95%
From $26.42 to $29.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.83 out of 5 stars

Retail/Wholesale Sector

14th out of 198 stocks

Retail Stores, Not Elsewhere Classified Industry

1st out of 13 stocks

ULTA stock logo

About Ulta Beauty Stock (NASDAQ:ULTA)

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. It also offers beauty services, including hair, makeup, brow, and skin services at its stores. The company was formerly known as ULTA Salon, Cosmetics & Fragrance, Inc. and changed its name to Ulta Beauty, Inc. in January 2017. Ulta Beauty, Inc. was incorporated in 1990 and is based in Bolingbrook, Illinois.

ULTA Stock Price History

ULTA Stock News Headlines

3 Hot Buyback Plans Supporting Price Action in 2024
Share repurchases are a controversial topic because they often do little more than hide the impact of share-based compensation or amplify (at face value) sluggish earnings growth. However, as with the stocks today, share repurchases can drive shareholder value by reducing the share count.
3 Hot Buyback Plans Supporting Price Action in 2024 (ULTA)
These companies are in a solid position to reduce their share count in 2024 and drive value for their shareholders this year and for the long term.
3 Value Stocks Too Small for Warren Buffett to Buy
Investors follow what stocks Warren Buffett buy. However, they lack a crucial detail in these strategies: Buffett's company, Buffett's Berkshire Hathaway Inc. NYSE: BRK.A, reported having $188.9 billion in cash last quarter, so any deal under $50 billion would be considered too small to move the needle.
3 Value Stocks Too Small for Warren Buffett to Buy (ULTA)
Three stocks fit the value investor checklist, and their small sizes keep them off the mega investor's radar, giving retail investors an advantage this quarter.
3 Companies Buying Back Cheap Stock Lately
Investors tend to focus on two things when measuring the performance of their investments, particularly in stocks. The lion's share is taken by appreciation, the classic 'buy low and sell high' behavior, with a second focus on bragging about quarterly – and sometimes monthly – dividend income.
3 Companies Buying Back Cheap Stock Lately (ULTA)
Three companies are now considered cheap enough for insiders to start buying; high profit margins and price discounts make for potential wealth compounders
May's Markdowns: 7 Bargain Stocks the Street Overlooked
How to Save Money at Ulta Beauty
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
5/18/2024
Next Earnings (Confirmed)
5/30/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
Specialty Stores
Current Symbol
NASDAQ:ULTA
CUSIP
90384S30
Fax
N/A
Employees
56,000
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$539.55
High Stock Price Target
$690.00
Low Stock Price Target
$350.00
Potential Upside/Downside
+35.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
21 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
15.13%

Debt

Sales & Book Value

Annual Sales
$11.21 billion
Cash Flow
$31.49 per share
Book Value
$46.94 per share

Miscellaneous

Free Float
47,748,000
Market Cap
$19.15 billion
Optionable
Optionable
Beta
1.36

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ULTA Stock Analysis - Frequently Asked Questions

Should I buy or sell Ulta Beauty stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last twelve months. There are currently 1 sell rating, 7 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ULTA shares.
View ULTA analyst ratings
or view top-rated stocks.

What is Ulta Beauty's stock price target for 2024?

21 analysts have issued twelve-month price objectives for Ulta Beauty's stock. Their ULTA share price targets range from $350.00 to $690.00. On average, they predict the company's stock price to reach $539.55 in the next year. This suggests a possible upside of 35.0% from the stock's current price.
View analysts price targets for ULTA
or view top-rated stocks among Wall Street analysts.

How have ULTA shares performed in 2024?

Ulta Beauty's stock was trading at $489.99 at the beginning of 2024. Since then, ULTA shares have decreased by 18.5% and is now trading at $399.56.
View the best growth stocks for 2024 here
.

When is Ulta Beauty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 30th 2024.
View our ULTA earnings forecast
.

How were Ulta Beauty's earnings last quarter?

Ulta Beauty, Inc. (NASDAQ:ULTA) issued its earnings results on Thursday, March, 14th. The specialty retailer reported $8.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.49 by $0.59. The specialty retailer had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.53 billion. Ulta Beauty had a net margin of 11.52% and a trailing twelve-month return on equity of 61.64%. The company's revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.68 earnings per share.
Read the conference call transcript
.

How will Ulta Beauty's stock buyback program work?

Ulta Beauty announced that its board has approved a share repurchase plan on Thursday, March 14th 2024, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 7.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

What guidance has Ulta Beauty issued on next quarter's earnings?

Ulta Beauty updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of 26.200-27.000 for the period, compared to the consensus earnings per share estimate of 26.800. The company issued revenue guidance of $11.7 billion-$11.8 billion, compared to the consensus revenue estimate of $11.8 billion.

What is Mary Dillon's approval rating as Ulta Beauty's CEO?

2,453 employees have rated Ulta Beauty Chief Executive Officer Mary Dillon on Glassdoor.com. Mary Dillon has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Ulta Beauty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ulta Beauty investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), Salesforce (CRM), PayPal (PYPL), Boeing (BA) and Visa (V).

Who are Ulta Beauty's major shareholders?

Ulta Beauty's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.57%), Price T Rowe Associates Inc. MD (1.83%), TD Asset Management Inc (1.14%), Bessemer Group Inc. (0.75%), Global Assets Advisory LLC (0.70%) and Bank of New York Mellon Corp (0.66%). Insiders that own company stock include Anita Jane Ryan, Catherine Ann Halligan, George R Mrkonic Jr, George R Mrkonic, Jr, Jeffrey J Childs, Jodi J Caro, Kecia Steelman, Lorna Nagler, Mary N Dillon, Michael R Macdonald, Mike C Smith and Scott M Settersten.
View institutional ownership trends
.

How do I buy shares of Ulta Beauty?

Shares of ULTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ulta Beauty have any subsidiaries?
The following companies are subsidiares of Ulta Beauty: GlamST, QM Scientific, Ulta Beauty Cosmetics, Ulta Beauty Credit Services Corporation, Ulta Inc., and Ulta Salon Cosmetics & Fragrance.
Read More
This page (NASDAQ:ULTA) was last updated on 5/18/2024 by MarketBeat.com Staff

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