Ulta Beauty (NASDAQ:ULTA) Issues FY 2025 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 22.650-23.200 for the period, compared to the consensus estimate of 23.487. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

ULTA has been the subject of a number of analyst reports. Barclays upped their price target on Ulta Beauty from $327.00 to $485.00 and gave the stock an "equal weight" rating in a report on Monday, June 2nd. Canaccord Genuity Group upped their target price on shares of Ulta Beauty from $510.00 to $542.00 and gave the company a "buy" rating in a research note on Friday, May 30th. Piper Sandler reaffirmed a "neutral" rating and set a $437.00 price target (up from $386.00) on shares of Ulta Beauty in a report on Friday, May 30th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $520.00 price target on shares of Ulta Beauty in a research note on Friday, July 11th. Finally, Robert W. Baird upped their price objective on shares of Ulta Beauty from $440.00 to $525.00 and gave the company an "outperform" rating in a research report on Friday, May 30th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $465.04.

Ulta Beauty Trading Up 0.7%

Ulta Beauty stock traded up $3.23 during mid-day trading on Friday, reaching $493.30. The company's stock had a trading volume of 419,565 shares, compared to its average volume of 1,037,254. Ulta Beauty has a twelve month low of $309.01 and a twelve month high of $498.52. The business has a 50 day moving average price of $453.14 and a 200-day moving average price of $404.89. The firm has a market cap of $22.17 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 2.97 and a beta of 1.08.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The specialty retailer reported $6.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.73 by $0.97. Ulta Beauty had a net margin of 10.45% and a return on equity of 49.73%. The company had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.79 billion. During the same period last year, the firm posted $6.47 EPS. The company's revenue for the quarter was up 4.5% on a year-over-year basis. On average, equities analysts expect that Ulta Beauty will post 23.96 EPS for the current fiscal year.

Hedge Funds Weigh In On Ulta Beauty

An institutional investor recently raised its position in Ulta Beauty stock. Intech Investment Management LLC lifted its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 48.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 4,795 shares of the specialty retailer's stock after acquiring an additional 1,574 shares during the period. Intech Investment Management LLC's holdings in Ulta Beauty were worth $1,758,000 as of its most recent filing with the SEC. 90.39% of the stock is owned by institutional investors.

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.