Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) - Analysts at B. Riley raised their Q4 2026 earnings per share (EPS) estimates for shares of Ulta Beauty in a research report issued on Thursday, March 13th. B. Riley analyst A. Glaessgen now forecasts that the specialty retailer will earn $7.34 per share for the quarter, up from their prior estimate of $7.18. B. Riley has a "Neutral" rating and a $330.00 price objective on the stock. The consensus estimate for Ulta Beauty's current full-year earnings is $23.96 per share. B. Riley also issued estimates for Ulta Beauty's FY2027 earnings at $25.00 EPS.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, beating analysts' consensus estimates of $7.13 by $1.33. The company had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. Ulta Beauty's revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter last year, the business earned $8.08 EPS.
Several other equities research analysts also recently weighed in on ULTA. Stifel Nicolaus decreased their target price on Ulta Beauty from $475.00 to $400.00 and set a "hold" rating for the company in a research report on Friday, March 14th. Canaccord Genuity Group cut their target price on shares of Ulta Beauty from $538.00 to $526.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. TD Cowen lifted their target price on Ulta Beauty from $450.00 to $480.00 and gave the stock a "hold" rating in a research report on Wednesday, January 8th. DA Davidson dropped their price target on Ulta Beauty from $510.00 to $415.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. Finally, William Blair lowered shares of Ulta Beauty from an "outperform" rating to a "market perform" rating in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $427.13.
View Our Latest Report on Ulta Beauty
Ulta Beauty Price Performance
ULTA stock traded down $2.91 during midday trading on Monday, reaching $340.81. 528,958 shares of the company's stock traded hands, compared to its average volume of 1,039,118. The business has a 50-day moving average price of $380.41 and a two-hundred day moving average price of $386.50. Ulta Beauty has a fifty-two week low of $309.01 and a fifty-two week high of $532.70. The company has a market capitalization of $15.80 billion, a P/E ratio of 13.69, a PEG ratio of 0.89 and a beta of 1.34.
Hedge Funds Weigh In On Ulta Beauty
Several large investors have recently bought and sold shares of the stock. Prestige Wealth Management Group LLC grew its stake in shares of Ulta Beauty by 121.4% in the 4th quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 34 shares during the period. Sunbelt Securities Inc. raised its holdings in Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer's stock worth $32,000 after purchasing an additional 45 shares during the period. Westside Investment Management Inc. lifted its position in Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer's stock valued at $32,000 after acquiring an additional 50 shares in the last quarter. Edge Capital Group LLC bought a new position in Ulta Beauty in the fourth quarter valued at $33,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Ulta Beauty in the third quarter valued at $41,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.
About Ulta Beauty
(
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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.
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