Telsey Advisory Group Forecasts Ulta Beauty Q1 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) - Telsey Advisory Group issued their Q1 2027 earnings per share (EPS) estimates for shares of Ulta Beauty in a research note issued to investors on Friday, May 23rd. Telsey Advisory Group analyst D. Telsey forecasts that the specialty retailer will post earnings per share of $6.40 for the quarter. Telsey Advisory Group currently has a "Outperform" rating and a $460.00 target price 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.

Several other equities analysts also recently issued reports on ULTA. Truist Financial lifted their price objective on Ulta Beauty from $364.00 to $386.00 and gave the company a "neutral" rating in a research report on Thursday, May 15th. Oppenheimer reiterated an "outperform" rating and issued a $465.00 price objective (up previously from $435.00) on shares of Ulta Beauty in a research report on Tuesday, May 20th. Piper Sandler restated a "neutral" rating on shares of Ulta Beauty in a research report on Thursday, May 15th. Barclays dropped their target price on Ulta Beauty from $445.00 to $327.00 and set an "equal weight" rating for the company in a research report on Friday, March 14th. Finally, B. Riley dropped their target price on Ulta Beauty from $430.00 to $330.00 and set a "neutral" rating for the company in a research report on Friday, March 14th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $424.78.

Ulta Beauty Stock Down 1.0%

ULTA traded down $4.30 during trading on Monday, hitting $417.01. The company's stock had a trading volume of 754,370 shares, compared to its average volume of 1,049,067. The firm's 50 day moving average price is $380.28 and its two-hundred day moving average price is $386.87. Ulta Beauty has a 12 month low of $309.01 and a 12 month high of $460.00. The stock has a market capitalization of $18.83 billion, a price-to-earnings ratio of 16.69, a price-to-earnings-growth ratio of 0.89 and a beta of 1.06.

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

Insider Buying and Selling at Ulta Beauty

In other Ulta Beauty news, insider Jodi J. Caro sold 902 shares of the business'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 of the company's stock, valued at approximately $2,817,429.12. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.17% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Investment Partners LLC boosted its position in shares of Ulta Beauty by 3.9% during the fourth quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer's stock worth $289,000 after buying an additional 25 shares during the period. Wambolt & Associates LLC boosted its position in shares of Ulta Beauty by 1.6% during the first quarter. Wambolt & Associates LLC now owns 1,673 shares of the specialty retailer's stock worth $626,000 after buying an additional 26 shares during the period. Westside Investment Management Inc. boosted its position in shares of Ulta Beauty by 32.5% during the first quarter. Westside Investment Management Inc. now owns 110 shares of the specialty retailer's stock worth $40,000 after buying an additional 27 shares during the period. RWA Wealth Partners LLC boosted its position in shares of Ulta Beauty by 1.5% during the fourth quarter. RWA Wealth Partners LLC now owns 1,867 shares of the specialty retailer's stock worth $812,000 after buying an additional 28 shares during the period. Finally, Procyon Advisors LLC boosted its position in shares of Ulta Beauty by 4.3% during the first quarter. Procyon Advisors LLC now owns 707 shares of the specialty retailer's stock worth $259,000 after buying an additional 29 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

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.