Zacks Research Has Positive View of Ulta Beauty Q4 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) - Research analysts at Zacks Research boosted their Q4 2026 earnings estimates for shares of Ulta Beauty in a note issued to investors on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the specialty retailer will post earnings of $7.66 per share for the quarter, up from their previous estimate of $7.01. The consensus estimate for Ulta Beauty's current full-year earnings is $23.96 per share. Zacks Research also issued estimates for Ulta Beauty's Q4 2026 earnings at $7.66 EPS.

Other analysts have also recently issued research reports about the company. Wells Fargo & Company cut their target price on Ulta Beauty from $360.00 to $310.00 and set an "underweight" rating on the stock in a research report on Friday, March 14th. StockNews.com upgraded Ulta Beauty from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th. TD Cowen raised their target price on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a "hold" rating in a research report on Wednesday, January 8th. BMO Capital Markets reduced their price target on shares of Ulta Beauty from $467.00 to $404.00 and set a "market perform" rating for the company in a research report on Friday, March 14th. Finally, Canaccord Genuity Group lowered their price objective on shares of Ulta Beauty from $538.00 to $526.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $427.61.

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Ulta Beauty Price Performance

Shares of Ulta Beauty stock traded up $27.77 during trading hours on Friday, hitting $355.78. The company had a trading volume of 427,546 shares, compared to its average volume of 1,047,682. Ulta Beauty has a twelve month low of $309.01 and a twelve month high of $460.00. The company has a market cap of $16.12 billion, a P/E ratio of 14.43, a price-to-earnings-growth ratio of 0.89 and a beta of 1.16. The company's 50-day moving average is $364.23 and its two-hundred day moving average is $384.43.

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 (EPS) for the quarter, topping analysts' consensus estimates of $7.13 by $1.33. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the previous year, the business earned $8.08 EPS. Ulta Beauty's revenue for the quarter was down 1.9% on a year-over-year basis.

Insider Activity

In related news, insider Jodi J. Caro sold 902 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $369.16, for a total value of $332,982.32. Following the completion of the transaction, the insider now directly owns 7,632 shares of the company's stock, valued at $2,817,429.12. This trade represents a 10.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.39% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Cornerstone Investment Partners LLC increased its holdings in Ulta Beauty by 3.9% during the 4th quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer's stock valued at $289,000 after acquiring an additional 25 shares in the last quarter. RWA Wealth Partners LLC grew its position in shares of Ulta Beauty by 1.5% in the fourth quarter. RWA Wealth Partners LLC now owns 1,867 shares of the specialty retailer's stock valued at $812,000 after purchasing an additional 28 shares during the last quarter. Lido Advisors LLC increased its stake in shares of Ulta Beauty by 5.0% during the 4th quarter. Lido Advisors LLC now owns 626 shares of the specialty retailer's stock worth $272,000 after purchasing an additional 30 shares in the last quarter. Colonial Trust Co SC raised its position in shares of Ulta Beauty by 36.9% during the 4th quarter. Colonial Trust Co SC now owns 115 shares of the specialty retailer's stock worth $50,000 after purchasing an additional 31 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Ulta Beauty by 35.6% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 118 shares of the specialty retailer's stock valued at $43,000 after buying an additional 31 shares in the last quarter. 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.