Analysts Set Expectations for Ulta Beauty Q1 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – Equities research analysts at Telsey Advisory Group issued their Q1 2027 EPS estimates for shares of Ulta Beauty in a note issued to investors on Friday, May 23rd. Telsey Advisory Group analyst D. Telsey forecasts that the specialty retailer will earn $6.40 per share for the quarter. Telsey Advisory Group has a “Outperform” rating and a $460.00 price objective on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. Telsey Advisory Group also issued estimates for Ulta Beauty’s Q2 2027 earnings at $5.36 EPS, Q3 2027 earnings at $5.11 EPS and Q4 2027 earnings at $8.62 EPS.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.13 by $1.33. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The company had revenue of $3.49 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter in the previous year, the company earned $8.08 earnings per share. Ulta Beauty’s quarterly revenue was down 1.9% on a year-over-year basis.

Several other equities research analysts have also weighed in on ULTA. Oppenheimer restated an “outperform” rating and set a $465.00 price target (up from $435.00) on shares of Ulta Beauty in a research report on Tuesday, May 20th. Wells Fargo & Company lifted their price target on Ulta Beauty from $300.00 to $315.00 and gave the company an “underweight” rating in a research report on Wednesday, May 14th. DA Davidson restated a “buy” rating and set a $415.00 price target on shares of Ulta Beauty in a research report on Wednesday, April 16th. JPMorgan Chase & Co. lifted their price target on Ulta Beauty from $475.00 to $477.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Barclays dropped their price target on Ulta Beauty from $445.00 to $327.00 and set an “equal weight” rating on the stock in a research report on Friday, March 14th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, Ulta Beauty currently has an average rating of “Hold” and an average target price of $424.78.

Ulta Beauty Stock Performance

ULTA stock opened at $407.04 on Monday. The company has a market capitalization of $18.38 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 0.89 and a beta of 1.06. The business’s 50 day moving average price is $377.41 and its two-hundred day moving average price is $386.48. Ulta Beauty has a fifty-two week low of $309.01 and a fifty-two week high of $460.00.

Insider Transactions at Ulta Beauty

In other news, insider Jodi J. Caro sold 902 shares of the business’s stock in a transaction 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 owns 7,632 shares in the company, valued at $2,817,429.12. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.39% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Prestige Wealth Management Group LLC raised its stake in shares of Ulta Beauty by 121.4% in the fourth quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 34 shares during the last quarter. American National Bank & Trust bought a new stake in shares of Ulta Beauty in the first quarter worth $29,000. Wayfinding Financial LLC bought a new stake in shares of Ulta Beauty in the first quarter worth $31,000. Rakuten Securities Inc. grew its holdings in shares of Ulta Beauty by 218.5% in the first quarter. Rakuten Securities Inc. now owns 86 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 59 shares during the period. Finally, North Star Investment Management Corp. grew its holdings in shares of Ulta Beauty by 71.4% in the first quarter. North Star Investment Management Corp. now owns 96 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 40 shares during the period. Hedge funds and other institutional investors 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.