Q3 Earnings Forecast for Ulta Beauty Issued By William Blair

Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) - Analysts at William Blair lowered their Q3 2025 EPS estimates for Ulta Beauty in a note issued to investors on Thursday, October 17th. William Blair analyst D. Carden now anticipates that the specialty retailer will earn $4.54 per share for the quarter, down from their prior estimate of $4.57. The consensus estimate for Ulta Beauty's current full-year earnings is $23.10 per share. William Blair also issued estimates for Ulta Beauty's Q4 2025 earnings at $6.46 EPS, FY2025 earnings at $22.76 EPS, Q3 2026 earnings at $4.37 EPS, Q4 2026 earnings at $6.78 EPS, FY2027 earnings at $25.79 EPS and FY2028 earnings at $29.10 EPS.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its quarterly earnings data 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). Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The business had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.61 billion. During the same quarter in the previous year, the company posted $6.02 earnings per share. The company's revenue was up .9% on a year-over-year basis.

Other research analysts have also issued reports about the company. Bank of America lowered their price target on Ulta Beauty from $425.00 to $380.00 and set a "neutral" rating for the company in a research report on Friday, August 30th. Raymond James dropped their target price on Ulta Beauty from $450.00 to $440.00 and set an "outperform" rating for the company in a research report on Monday. Citigroup cut their price target on shares of Ulta Beauty from $375.00 to $345.00 and set a "neutral" rating on the stock in a research note on Friday, August 30th. Stifel Nicolaus raised their price objective on shares of Ulta Beauty from $385.00 to $395.00 and gave the company a "hold" rating in a research note on Thursday. Finally, UBS Group cut their target price on shares of Ulta Beauty from $550.00 to $505.00 and set a "buy" rating on the stock in a research note on Friday, August 30th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $423.71.

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA traded down $2.80 during midday trading on Friday, reaching $368.92. 864,069 shares of the company's stock were exchanged, compared to its average volume of 971,751. The stock has a market cap of $17.38 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 2.12 and a beta of 1.32. Ulta Beauty has a fifty-two week low of $318.17 and a fifty-two week high of $574.76. The firm's 50 day simple moving average is $373.91 and its two-hundred day simple moving average is $387.32.

Hedge Funds Weigh In On Ulta Beauty

Large investors have recently bought and sold shares of the stock. UMB Bank n.a. boosted its position in shares of Ulta Beauty by 83.3% in the 2nd quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 30 shares during the period. Riverview Trust Co acquired a new stake in shares of Ulta Beauty in the first quarter valued at approximately $30,000. Sound Income Strategies LLC grew 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 acquiring an additional 49 shares during the last quarter. LRI Investments LLC acquired a new position in shares of Ulta Beauty in the 1st quarter valued at $31,000. Finally, Innealta Capital LLC acquired a new position in shares of Ulta Beauty in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 90.39% of the company's stock.

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.