Telsey Advisory Group Estimates Ulta Beauty FY2025 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) - Analysts at Telsey Advisory Group increased their FY2025 earnings per share estimates for Ulta Beauty in a report issued on Tuesday, January 7th. Telsey Advisory Group analyst D. Telsey now forecasts that the specialty retailer will post earnings of $24.08 per share for the year, up from their previous estimate of $23.70. Telsey Advisory Group has a "Outperform" rating and a $500.00 price target on the stock. The consensus estimate for Ulta Beauty's current full-year earnings is $23.57 per share. Telsey Advisory Group also issued estimates for Ulta Beauty's FY2026 earnings at $23.49 EPS.

Several other research analysts also recently issued reports on the company. TD Cowen lifted their price objective on Ulta Beauty from $450.00 to $480.00 and gave the stock a "hold" rating in a research report on Wednesday. Piper Sandler boosted their price target on Ulta Beauty from $390.00 to $394.00 and gave the stock a "neutral" rating in a report on Monday. BMO Capital Markets upped their price objective on Ulta Beauty from $385.00 to $420.00 and gave the company a "market perform" rating in a research report on Friday, December 6th. Loop Capital lifted their price objective on Ulta Beauty from $450.00 to $480.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. Finally, DA Davidson upped their target price on shares of Ulta Beauty from $435.00 to $510.00 and gave the company a "buy" rating in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, Ulta Beauty has an average rating of "Hold" and a consensus price target of $460.30.

Ulta Beauty Price Performance

ULTA traded down $13.13 during midday trading on Thursday, reaching $415.14. 776,901 shares of the company's stock were exchanged, compared to its average volume of 906,652. The business's 50-day moving average price is $401.20 and its 200 day moving average price is $383.86. The stock has a market capitalization of $19.25 billion, a PE ratio of 16.61, a P/E/G ratio of 2.38 and a beta of 1.28. Ulta Beauty has a 1-year low of $318.17 and a 1-year high of $574.76.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last released its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $0.69. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business's revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.07 EPS.

Hedge Funds Weigh In On Ulta Beauty

Several hedge funds and other institutional investors have recently modified their holdings of ULTA. Paladin Wealth LLC purchased a new position in Ulta Beauty in the third quarter valued at approximately $32,000. Sunbelt Securities Inc. raised its stake in shares of Ulta Beauty by 118.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer's stock valued at $32,000 after acquiring an additional 45 shares during the period. Westside Investment Management Inc. lifted its holdings in shares of Ulta Beauty by 151.5% during 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. Harvest Fund Management Co. Ltd purchased a new stake in Ulta Beauty during the 3rd quarter worth $41,000. Finally, American National Bank & Trust purchased a new position in Ulta Beauty in the third quarter valued at about $44,000. 90.39% of the stock is owned by institutional investors and hedge funds.

About Ulta Beauty

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.