Q3 EPS Estimates for Ulta Beauty Lowered by Zacks Research

Ulta Beauty Inc. (NASDAQ:ULTA) – Zacks Research cut their Q3 2026 EPS estimates for shares of Ulta Beauty in a report released on Thursday, September 18th. Zacks Research analyst Team now anticipates that the specialty retailer will post earnings per share of $4.13 for the quarter, down from their previous forecast of $4.22. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. Zacks Research also issued estimates for Ulta Beauty’s Q4 2026 earnings at $7.36 EPS, Q1 2027 earnings at $7.24 EPS, Q3 2027 earnings at $5.46 EPS and Q1 2028 earnings at $8.51 EPS.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $5.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.03 by $0.75. Ulta Beauty had a net margin of 10.31% and a return on equity of 48.78%. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.66 billion. During the same period last year, the firm posted $5.30 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis.

Other equities analysts also recently issued reports about the stock. Cowen reissued a “hold” rating on shares of Ulta Beauty in a report on Friday, August 29th. Robert W. Baird lifted their price target on shares of Ulta Beauty from $575.00 to $600.00 and gave the company an “outperform” rating in a report on Friday, August 29th. The Goldman Sachs Group boosted their target price on shares of Ulta Beauty from $530.00 to $584.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. DA Davidson boosted their target price on shares of Ulta Beauty from $585.00 to $625.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Finally, UBS Group boosted their target price on shares of Ulta Beauty from $640.00 to $680.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $543.13.

Ulta Beauty Stock Down 2.5%

Shares of ULTA stock opened at $521.47 on Friday. Ulta Beauty has a 12-month low of $309.01 and a 12-month high of $539.00. The company has a market capitalization of $23.38 billion, a P/E ratio of 20.00, a P/E/G ratio of 2.94 and a beta of 1.06. The firm has a 50-day moving average price of $514.04 and a 200 day moving average price of $443.18.

Insider Buying and Selling

In related news, Director Mike C. Smith sold 500 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $528.43, for a total transaction of $264,215.00. Following the completion of the transaction, the director owned 2,263 shares in the company, valued at approximately $1,195,837.09. This represents a 18.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.17% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Quadrant Capital Group LLC lifted its stake in Ulta Beauty by 1.8% in the second quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after acquiring an additional 21 shares during the last quarter. ORG Partners LLC lifted its stake in Ulta Beauty by 17.7% in the second quarter. ORG Partners LLC now owns 153 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 23 shares during the last quarter. Chesley Taft & Associates LLC lifted its stake in Ulta Beauty by 3.0% in the second quarter. Chesley Taft & Associates LLC now owns 834 shares of the specialty retailer’s stock valued at $390,000 after acquiring an additional 24 shares during the last quarter. OFI Invest Asset Management lifted its stake in Ulta Beauty by 6.8% in the second quarter. OFI Invest Asset Management now owns 375 shares of the specialty retailer’s stock valued at $175,000 after acquiring an additional 24 shares during the last quarter. Finally, Richard W. Paul & Associates LLC raised its stake in Ulta Beauty by 0.8% in the second quarter. Richard W. Paul & Associates LLC now owns 2,990 shares of the specialty retailer’s stock valued at $1,399,000 after buying an additional 24 shares during the period. Institutional investors and hedge funds 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.