S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?

Ulta Beauty (ULTA) Stock Price, News & Analysis

$532.33
-3.65 (-0.68%)
(As of 03/18/2024 ET)
Today's Range
$525.67
$543.90
50-Day Range
$472.57
$567.18
52-Week Range
$368.02
$574.76
Volume
1.06 million shs
Average Volume
638,233 shs
Market Capitalization
$25.85 billion
P/E Ratio
20.43
Dividend Yield
N/A
Price Target
$579.81

Ulta Beauty MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
8.9% Upside
$579.81 Price Target
Short Interest
Healthy
2.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.83
Upright™ Environmental Score
News Sentiment
1.01mentions of Ulta Beauty in the last 14 days
Based on 81 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.13%
From $27.06 to $29.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Retail/Wholesale Sector

80th out of 203 stocks

Retail Stores, Not Elsewhere Classified Industry

3rd out of 13 stocks

ULTA stock logo

About Ulta Beauty Stock (NASDAQ:ULTA)

Ulta Beauty, Inc. operate specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services in the United States. It offers broad assortment of branded and private label beauty products including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools; and salon services, including hair, skin, makeup, and brow services, as well as nail services. The company's private label products comprises Ulta Beauty Collection branded cosmetics, skincare, and bath products, as well as Ulta Beauty branded products; and the Ulta Beauty branded gifts. It also distributes its products through its stores, website, and mobile applications. The company was incorporated in 1990 and is based in Bolingbrook, Illinois.

ULTA Stock Price History

ULTA Stock News Headlines

Adobe, Ulta Beauty fall; Madrigal, Intuitive Surgical rise, Friday, 3/15/2024
Stocks that are trading heavily or have substantial price changes on Friday: Adobe, Ulta Beauty fall; Madrigal, Intuitive Surgical rise
Watch for Tech Giants to Boost Share Buybacks in 2024
Watch for robust earnings growth at big techs such as Meta Platforms Inc. NASDAQ: META, Nvidia Corp. NASDAQ: NVDA, Microsoft Corp. NASDAQ: MSFT and Apple Inc. NASDAQ: AAPL to increase the rate of share buybacks this year, says a recent report from Goldman Sachs.
They said crypto was dead. It went up 100X.
Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.
Watch for Tech Giants to Boost Share Buybacks in 2024 (ULTA)
Goldman Sachs foresees substantial growth in stock buybacks from leading tech companies like Meta Platforms and Apple, possibly surpassing $1 trillion by 2025.
Target Nails the Bullseye on Outsized Earnings Beat (ULTA)
Minneapolis, Minnesota-based Target Co. (NYSE: TGT) is a major general merchandise retailer operating 1,956 stores in the United States.
Ulta Beauty Is the Value Play You Must Hold This Decade
It isn't often that you can find the type of stocks that would get Warren Buffett interested. But pushed by several tailwinds, Ulta Beauty NASDAQ: ULTA is at the beginning of a multi-year ride that is slowly making the stock a more accepted deep-value play in the investment community.
Ulta Beauty Is the Value Play You Must Hold This Decade (ULTA)
Ulta Beauty stock is the perfect value play for the next decade; double-digit upside and return on capital are two reasons analysts predict a bull run
3 wealth-compounding stocks to beat the market this decade (ULTA)
Consider the following wealth-compounding stocks to invest in: Equity Residential, Hershey and Ulta Beauty. Learn more with MarketBeat.
They said crypto was dead. It went up 100X.
Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.
Target Stock Has a Plan to Compound Your Investment
Target stock is setting itself up to come back to its former high prices on management's new capital plan, analysts see the writing on the wall this time
This healthcare stock making a buzz with 160% growth
Healthcare stocks are typically on the boring side of the spectrum, that is until you add a bit of technology and the right niche to them.
3 wealth-compounding stocks to beat the market this decade
Because the Federal Reserve (the Fed) has announced potential interest rate cuts for this year, an expectation priced in for March is now being pushed as far back as May or June, according to the FedWatch tool at the CME Group Inc. NASDAQ: CME. A rising level of uncertainty may push the fundamentals of stocks to be the primary concern when selecting future investments.
Ulta Beauty's (ULTA) "Buy" Rating Reaffirmed at DA Davidson
Ulta Beauty (NASDAQ:ULTA) Price Target Raised to $665.00
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
3/18/2024
Next Earnings (Estimated)
5/23/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
Specialty Stores
Current Symbol
NASDAQ:ULTA
CUSIP
90384S30
Fax
N/A
Employees
53,000
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$579.81
High Stock Price Target
$690.00
Low Stock Price Target
$450.00
Potential Upside/Downside
+8.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
20 Analysts

Profitability

Net Income
$1.24 billion
Pretax Margin
14.96%

Debt

Sales & Book Value

Annual Sales
$11.21 billion
Cash Flow
$27.45 per share
Book Value
$38.52 per share

Miscellaneous

Free Float
48,397,000
Market Cap
$25.85 billion
Optionable
Optionable
Beta
1.31

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Should I Buy Ulta Beauty Stock? ULTA Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ulta Beauty was last updated on Sunday, March 17, 2024 at 11:50 PM.

Pros

Here are some ways that investors could benefit from investing in Ulta Beauty, Inc.:

  • Ulta Beauty, Inc. operates specialty retail stores selling a wide range of beauty products, including cosmetics, fragrance, haircare, skincare, and salon services, catering to a diverse customer base.
  • The company offers both branded and private label beauty products, providing a unique assortment that appeals to different consumer preferences and trends.
  • Ulta Beauty's distribution channels include stores, website, and mobile applications, showcasing a strong omnichannel presence to reach customers through various touchpoints.
  • Ulta Beauty Collection branded cosmetics and skincare products, along with Ulta Beauty branded gifts, offer exclusive options that can drive customer loyalty and repeat purchases.
  • Considering the recent positive analyst recommendations and ratings for Ulta Beauty (NASDAQ: ULTA), investors may find the stock appealing for potential growth opportunities.

Cons

Investors should be bearish about investing in Ulta Beauty, Inc. for these reasons:

  • While Ulta Beauty has a strong presence in the beauty retail sector, it faces competition from other retailers and online platforms, which could impact its market share and profitability.
  • The retail industry, especially specialty stores like Ulta Beauty, is subject to consumer spending trends and economic conditions, which may affect sales and revenue growth.
  • Fluctuations in beauty trends and preferences could impact the demand for specific product categories, potentially affecting Ulta Beauty's sales performance.
  • Investors should consider the current stock price of Ulta Beauty (NASDAQ: ULTA) and evaluate whether it aligns with their investment goals and risk tolerance before making investment decisions.
  • Market conditions and external factors, such as regulatory changes or global economic events, could influence Ulta Beauty's business operations and financial performance, posing risks to investors.

ULTA Stock Analysis - Frequently Asked Questions

Should I buy or sell Ulta Beauty stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last year. There are currently 1 sell rating, 5 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ULTA shares.
View ULTA analyst ratings
or view top-rated stocks.

What is Ulta Beauty's stock price target for 2024?

20 Wall Street analysts have issued 12 month target prices for Ulta Beauty's stock. Their ULTA share price targets range from $450.00 to $690.00. On average, they expect the company's share price to reach $579.81 in the next year. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for ULTA
or view top-rated stocks among Wall Street analysts.

How have ULTA shares performed in 2024?

Ulta Beauty's stock was trading at $489.99 at the beginning of the year. Since then, ULTA stock has increased by 8.6% and is now trading at $532.33.
View the best growth stocks for 2024 here
.

When is Ulta Beauty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our ULTA earnings forecast
.

How were Ulta Beauty's earnings last quarter?

Ulta Beauty, Inc. (NASDAQ:ULTA) posted its quarterly earnings data on Thursday, March, 14th. The specialty retailer reported $8.08 EPS for the quarter, beating the consensus estimate of $7.49 by $0.59. The specialty retailer had revenue of $3.55 billion for the quarter, compared to analysts' expectations of $3.53 billion. Ulta Beauty had a trailing twelve-month return on equity of 63.51% and a net margin of 11.52%. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $6.68 earnings per share.
Read the conference call transcript
.

How will Ulta Beauty's stock buyback program work?

Ulta Beauty declared that its board has authorized a share buyback program on Thursday, March 14th 2024, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.

What guidance has Ulta Beauty issued on next quarter's earnings?

Ulta Beauty updated its FY 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of 26.200-27.000 for the period, compared to the consensus EPS estimate of 26.200. The company issued revenue guidance of $11.7 billion-$11.8 billion, compared to the consensus revenue estimate of $11.7 billion.

What is Mary Dillon's approval rating as Ulta Beauty's CEO?

2,453 employees have rated Ulta Beauty Chief Executive Officer Mary Dillon on Glassdoor.com. Mary Dillon has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Ulta Beauty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ulta Beauty investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), Salesforce (CRM), PayPal (PYPL), Boeing (BA) and Visa (V).

Who are Ulta Beauty's major shareholders?

Ulta Beauty's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.50%), Vanguard Group Inc. (11.50%), Price T Rowe Associates Inc. MD (3.25%), Voya Investment Management LLC (1.30%), Northern Trust Corp (1.12%) and Norges Bank (1.11%). Insiders that own company stock include Anita Jane Ryan, Catherine Ann Halligan, Charles Heilbronn, George R Mrkonic Jr, George R Mrkonic, Jr, Jeffrey J Childs, Jodi J Caro, Kecia Steelman, Lorna Nagler, Mary N Dillon, Michael R Macdonald, Mike C Smith and Scott M Settersten.
View institutional ownership trends
.

How do I buy shares of Ulta Beauty?

Shares of ULTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ulta Beauty have any subsidiaries?
The following companies are subsidiares of Ulta Beauty: GlamST, QM Scientific, Ulta Beauty Cosmetics, Ulta Beauty Credit Services Corporation, Ulta Inc., and Ulta Salon Cosmetics & Fragrance.
Read More
This page (NASDAQ:ULTA) was last updated on 3/19/2024 by MarketBeat.com Staff

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