Analysts Offer Predictions for Ulta Beauty FY2026 Earnings

Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) - Investment analysts at Zacks Research lifted their FY2026 earnings per share estimates for Ulta Beauty in a research report issued to clients and investors on Wednesday, June 18th. Zacks Research analyst R. Department now forecasts that the specialty retailer will post earnings of $23.04 per share for the year, up from their previous forecast of $22.81. 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 $7.33 EPS, Q3 2027 earnings at $5.17 EPS, FY2027 earnings at $23.99 EPS and Q1 2028 earnings at $8.32 EPS.

Other equities analysts have also recently issued reports about the company. Wells Fargo & Company lifted their price target on Ulta Beauty from $315.00 to $350.00 and gave the company an "underweight" rating in a research report on Friday, May 30th. Loop Capital reiterated a "buy" rating and issued a $510.00 price target (up from $480.00) on shares of Ulta Beauty in a research report on Monday, June 16th. DA Davidson lifted their price target on Ulta Beauty from $415.00 to $485.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Evercore ISI lifted their price target on Ulta Beauty from $465.00 to $490.00 and gave the company an "outperform" rating in a research report on Friday, May 30th. Finally, Argus cut Ulta Beauty from a "buy" rating to a "hold" rating in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Ulta Beauty currently has an average rating of "Hold" and an average target price of $462.22.

Ulta Beauty Stock Performance

Shares of NASDAQ ULTA opened at $473.85 on Monday. The stock has a market cap of $21.30 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 2.80 and a beta of 1.09. Ulta Beauty has a fifty-two week low of $309.01 and a fifty-two week high of $491.98. The stock has a fifty day moving average of $417.25 and a 200-day moving average of $398.53.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its earnings results on Thursday, May 29th. The specialty retailer reported $6.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.73 by $0.97. The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.79 billion. Ulta Beauty had a return on equity of 49.73% and a net margin of 10.45%. The business's revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the company posted $6.47 earnings per share.

Insider Transactions at Ulta Beauty

In other news, insider Jodi J. Caro sold 902 shares of the company's stock in a transaction dated 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 directly owns 7,632 shares in the company, valued at approximately $2,817,429.12. This represents a 10.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.39% of the company's stock.

Institutional Investors Weigh In On Ulta Beauty

A number of hedge funds and other institutional investors have recently modified their holdings of ULTA. LaFleur & Godfrey LLC lifted its stake in shares of Ulta Beauty by 32.1% in the 4th quarter. LaFleur & Godfrey LLC now owns 2,455 shares of the specialty retailer's stock valued at $1,068,000 after acquiring an additional 596 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Ulta Beauty by 55.1% in the 4th quarter. Allworth Financial LP now owns 214 shares of the specialty retailer's stock valued at $90,000 after acquiring an additional 76 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Ulta Beauty by 7.8% in the 4th quarter. Sanctuary Advisors LLC now owns 3,973 shares of the specialty retailer's stock valued at $1,663,000 after acquiring an additional 288 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of Ulta Beauty by 94.1% in the 4th quarter. Venturi Wealth Management LLC now owns 165 shares of the specialty retailer's stock valued at $72,000 after acquiring an additional 80 shares during the last quarter. Finally, Ieq Capital LLC lifted its stake in shares of Ulta Beauty by 383.7% in the 4th quarter. Ieq Capital LLC now owns 6,366 shares of the specialty retailer's stock valued at $2,769,000 after acquiring an additional 5,050 shares during the last quarter. 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.

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