Ulta Beauty (NASDAQ:ULTA – Get Rating) will be posting its quarterly earnings results after the market closes on Thursday, May 26th. Analysts expect Ulta Beauty to post earnings of $4.43 per share for the quarter. Ulta Beauty has set its FY 2022 guidance at $18.200-$18.700 EPS.Investors that wish to register for the company’s conference call can do so using this link.
Ulta Beauty (NASDAQ:ULTA – Get Rating) last issued its quarterly earnings data on Thursday, March 10th. The specialty retailer reported $5.41 earnings per share for the quarter, beating analysts’ consensus estimates of $4.61 by $0.80. Ulta Beauty had a return on equity of 54.42% and a net margin of 11.42%. The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.69 billion. During the same period in the previous year, the firm posted $3.41 earnings per share. The company’s revenue was up 24.1% on a year-over-year basis. On average, analysts expect Ulta Beauty to post $19 EPS for the current fiscal year and $21 EPS for the next fiscal year.
Shares of Ulta Beauty stock opened at $350.45 on Thursday. The stock has a market capitalization of $18.30 billion, a price-to-earnings ratio of 19.46, a price-to-earnings-growth ratio of 2.08 and a beta of 1.54. The business has a 50-day moving average of $396.79 and a 200 day moving average of $387.87. Ulta Beauty has a 12 month low of $312.35 and a 12 month high of $438.63.
In other Ulta Beauty news, insider Jodi J. Caro sold 5,340 shares of the company’s stock in a transaction on Wednesday, March 16th. The shares were sold at an average price of $384.54, for a total transaction of $2,053,443.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.10% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ULTA. Parkside Financial Bank & Trust lifted its holdings in shares of Ulta Beauty by 59.1% in the 1st quarter. Parkside Financial Bank & Trust now owns 70 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 26 shares during the period. KB Financial Partners LLC acquired a new stake in Ulta Beauty in the fourth quarter valued at $55,000. Salem Investment Counselors Inc. boosted its position in shares of Ulta Beauty by 12.9% during the 4th quarter. Salem Investment Counselors Inc. now owns 263 shares of the specialty retailer’s stock worth $108,000 after purchasing an additional 30 shares in the last quarter. Covestor Ltd grew its stake in shares of Ulta Beauty by 115.9% during the 1st quarter. Covestor Ltd now owns 393 shares of the specialty retailer’s stock worth $157,000 after purchasing an additional 211 shares during the period. Finally, Forum Financial Management LP purchased a new position in shares of Ulta Beauty in the 4th quarter valued at about $239,000. Institutional investors own 89.20% of the company’s stock.
Ulta Beauty Company Profile (Get Rating)
Ulta Beauty, Inc operates as a retailer of beauty products in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; professional hair products; salon services, including hair, skin, makeup, and brow services; and nail services.
- Get a free copy of the StockNews.com research report on Ulta Beauty (ULTA)
- Simply Good Foods Stock is Simply Looking Good Down Here
- Shoe Carnival’s Q1 Results Are No Joke, Shares Fall 15%
- Analog Devices Is Ready To Scale New Highs Despite Tech Wreck
- Dynatrace: Fundamentals are Positive While Being Punished
- Now’s The Time To Buy Disney (NYSE: DIS)
Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter.