Ulta Beauty (NASDAQ:ULTA - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, March 13th. Analysts expect Ulta Beauty to post earnings of $7.09 per share and revenue of $3.47 billion for the quarter. Investors interested in listening to the company's earnings conference call can do so using this link.
Ulta Beauty Stock Performance
Shares of ULTA traded down $11.76 during midday trading on Tuesday, hitting $342.72. 1,269,717 shares of the stock were exchanged, compared to its average volume of 918,693. Ulta Beauty has a 52-week low of $318.17 and a 52-week high of $574.76. The stock has a fifty day simple moving average of $392.74 and a 200 day simple moving average of $387.98. The firm has a market cap of $15.89 billion, a P/E ratio of 13.71, a P/E/G ratio of 0.89 and a beta of 1.34.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on ULTA. Barclays boosted their price target on shares of Ulta Beauty from $410.00 to $445.00 and gave the stock an "equal weight" rating in a research note on Thursday, January 9th. Citigroup boosted their price target on shares of Ulta Beauty from $450.00 to $457.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 7th. StockNews.com raised Ulta Beauty from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th. Bank of America upped their target price on shares of Ulta Beauty from $460.00 to $475.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 7th. Finally, BMO Capital Markets boosted their price target on shares of Ulta Beauty from $385.00 to $420.00 and gave the stock a "market perform" rating in a report on Friday, December 6th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $459.22.
Check Out Our Latest Stock Report on Ulta Beauty
Ulta Beauty Company Profile
(
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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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