Several other analysts also recently commented on ULTA. StockNews.com started coverage on shares of Ulta Beauty in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Credit Suisse Group reaffirmed a “buy” rating and set a $455.00 target price on shares of Ulta Beauty in a report on Friday, March 11th. Piper Sandler dropped their target price on shares of Ulta Beauty from $475.00 to $465.00 and set an “overweight” rating for the company in a report on Tuesday, April 19th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ulta Beauty from $522.00 to $466.00 in a report on Wednesday. Finally, Zacks Investment Research raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Wednesday, April 20th. Eight analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $449.05.
NASDAQ ULTA opened at $377.96 on Friday. The stock has a market capitalization of $19.74 billion, a PE ratio of 20.99, a P/E/G ratio of 1.84 and a beta of 1.54. The business has a 50 day simple moving average of $393.85 and a two-hundred day simple moving average of $386.72. Ulta Beauty has a 1-year low of $319.05 and a 1-year high of $438.63.
In other news, insider Jodi J. Caro sold 5,340 shares of the business’s stock in a transaction dated Wednesday, March 16th. The stock was sold at an average price of $384.54, for a total transaction of $2,053,443.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.10% of the stock is currently owned by insiders.
Several large investors have recently modified their holdings of the company. Signaturefd LLC grew its holdings in shares of Ulta Beauty by 4.4% during the 1st quarter. Signaturefd LLC now owns 617 shares of the specialty retailer’s stock worth $246,000 after purchasing an additional 26 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Ulta Beauty by 59.1% in the 1st quarter. Parkside Financial Bank & Trust now owns 70 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 26 shares during the period. J2 Capital Management Inc boosted its holdings in Ulta Beauty by 3.7% in the 1st quarter. J2 Capital Management Inc now owns 817 shares of the specialty retailer’s stock worth $325,000 after acquiring an additional 29 shares during the period. Greytown Advisors Inc. boosted its holdings in Ulta Beauty by 2.7% in the 3rd quarter. Greytown Advisors Inc. now owns 1,157 shares of the specialty retailer’s stock worth $418,000 after acquiring an additional 30 shares during the period. Finally, Salem Investment Counselors Inc. boosted its holdings in Ulta Beauty by 12.9% in the 4th quarter. Salem Investment Counselors Inc. now owns 263 shares of the specialty retailer’s stock worth $108,000 after acquiring an additional 30 shares during the period. Institutional investors and hedge funds own 89.20% of the company’s stock.
About Ulta Beauty (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)
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