NASDAQ:ULTA

Ulta Beauty (ULTA) Stock Forecast, Price & News

$398.91

+6.47 (+1.65%)

(As of 09/28/2023 ET)

Compare

Today's Range: $391.30
▼
$400.25
50-Day Range: $389.72
▼
$462.35
52-Week Range: $373.80
▼
$556.60

Volume: 543,899 shs
Average Volume: 769,771 shs
Market Capitalization: $19.64 billion

P/E Ratio: 16.01
Dividend Yield: N/A
Price Target: $545.13

Ulta Beauty MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.74 Rating Score
Upside/Downside: 36.7% Upside
$545.13 Price Target
Short Interest: Healthy
2.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.83
Upright™ Environmental Score
News Sentiment: 1.30
Based on 25 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.01%
From $25.39 to $27.17 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.80 out of 5 stars

Retail/Wholesale Sector

33rd out of 212 stocks

Retail Stores, Not Elsewhere Classified Industry

4th out of 13 stocks

4.4

Analyst's Opinion

Consensus Rating
Ulta Beauty has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 13 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $545.13, Ulta Beauty has a forecasted upside of 36.7% from its current price of $398.91.
Amount of Analyst Coverage
Ulta Beauty has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.48% of the float of Ulta Beauty has been sold short.
Short Interest Ratio / Days to Cover
Ulta Beauty has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ulta Beauty has recently increased by 0.83%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Ulta Beauty does not currently pay a dividend.
Dividend Growth
Ulta Beauty does not have a long track record of dividend growth.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ulta Beauty has received a -12.14% net impact score from Upright. The largest negative impact of Ulta in category "GHG emissions" seems to be driven mostly by its "Haircare products", "Perfumes", "Makeup products", and "Body lotion" products. See details.
Environmental Sustainability
The Environmental Impact score for Ulta Beauty is -1.83.

3.5

News and Social Media Coverage

News Sentiment
Ulta Beauty has a news sentiment score of 1.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 25 news articles for Ulta Beauty this week, compared to 16 articles on an average week.
Search Interest
Only 32 people have searched for ULTA on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
22 people have added Ulta Beauty to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ulta Beauty insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.34% of the stock of Ulta Beauty is held by insiders.
Percentage Held by Institutions
92.30% of the stock of Ulta Beauty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Ulta Beauty are expected to grow by 7.01% in the coming year, from $25.39 to $27.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ulta Beauty is 16.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ulta Beauty is 16.01, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.03.
Price to Earnings Growth Ratio
Ulta Beauty has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ulta Beauty has a P/B Ratio of 9.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ulta Beauty (NASDAQ:ULTA) Stock

Ulta Beauty, Inc. operate specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services in the United States. It offers broad assortment of branded and private label beauty products including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools; and salon services, including hair, skin, makeup, and brow services, as well as nail services. The company's private label products comprises Ulta Beauty Collection branded cosmetics, skincare, and bath products, as well as Ulta Beauty branded products; and the Ulta Beauty branded gifts. It also distributes its products through its stores, website, and mobile applications. The company was incorporated in 1990 and is based in Bolingbrook, Illinois.

ULTA Price History

30 days | 90 days | 365 days | Advanced Chart

ULTA Stock News Headlines

September 25, 2023 | marketbeat.com

Is Ulta Stock BlackRock's Best Kept Secret? (ULTA)

Ulta stock is a clear outlier when it comes to retail stocks, by showcasing massive fundamental strengths at a ridiculous discount, it is a name not to miss

September 19, 2023 | marketbeat.com

2 Beauty Stocks Beaten By the Ugly Stick But Ready to Rally (ULTA)

Beauty stocks have not been pretty this year. Cosmetics retailer Ulta Beauty Inc. (NASDAQ: ULTA) and Estee Lauder Co. (NYSE: EL) shares

September 28, 2023 | Stansberry Research (Ad)

Is NVIDIA Leading a "Magnificent Seven Bubble"?

The world’s massive tech leaders may be in a bubble, led by NVIDIA’s enormous rise this year. What happens next could affect all stocks.

September 15, 2023 | marketbeat.com

Name A Better Trio Than These Underrated High Potential Stocks

The deal of the decade came before Christmas for investors looking to get high growth for very little risk. Analysts agree that this master play is worth a shot

September 6, 2023 | marketbeat.com

5 Mall-Based Retailers: 4 Ready to Rip Higher and 1 that isn’t (ULTA)

Some mall-based retailers are set to rebound and deliver returns for their investors others are not; read on to find which are ready to rip higher.

August 29, 2023 | marketbeat.com

Foot Locker Stock Takes a Big Hit...Is It a Retail Bargain? (ULTA)

With Foot Locker at a 12-year low of $17.21, investors may be wondering if it's a good time to step foot into a stock that used to trade in the $70’s.

September 28, 2023 | msn.com

Must Read: Levi's and Emma Chamberlain Launch New Collaboration, Fenty Beauty Launches New Minis for Ulta Beauty at Target

September 28, 2023 | yahoo.com

Rihanna's Fenty Beauty Is Coming to a Target Near You

September 28, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.

September 28, 2023 | finance.yahoo.com

FENTY BEAUTY LAUNCHES AT ULTA BEAUTY AT TARGET

September 28, 2023 | msn.com

The Ulta Fall Haul Sale Is Happening—Here’s Everything Worth Buying

September 27, 2023 | news.yahoo.com

Black-owned brands that stole the spotlight on Allure’s 2023 Best of Beauty list

September 27, 2023 | msn.com

Ulta Beauty's Gorgeous Hair Event Is Almost Back - What To Know About The Sale

September 27, 2023 | seekingalpha.com

Ulta: The Ideal Choice For Long-Term Investors

September 26, 2023 | msn.com

The Ultimate Ulta Beauty Secret You'll Wish You Knew Sooner

September 26, 2023 | msn.com

Ulta's Fall Haul Is Here – The Deals & Steals You Need To Know

September 25, 2023 | msn.com

Woman charged in $12,000 worth of retail theft from Lancaster Ulta Beauty

September 25, 2023 | gurufocus.com

Beyond Market Price: Uncovering Ulta Beauty Inc's Intrinsic Value of

September 25, 2023 | yahoo.com

Ulta Beauty Wants to Spark Joy

September 25, 2023 | forbes.com

Ulta Beauty And Mel Robbins Team Up To Bring Joy To The World

September 25, 2023 | finance.yahoo.com

Ulta Beauty Launches The Joy Project to Ignite a Movement for the Next Generation

September 24, 2023 | finance.yahoo.com

3 Incredible Growth Stocks That Could Climb 22% or More, According to Wall Street

September 23, 2023 | msn.com

Your Guide To Ulta's Return Policy

September 22, 2023 | finance.yahoo.com

Navigating Market Uncertainty: Ulta Beauty Inc's Intrinsic Value

September 22, 2023 | forbes.com

How Beauty Retailers Like Sephora And Douglas Are Embracing Sustainability In 2023

September 22, 2023 | msn.com

Lexington Police: Suspects stole $600 worth of merchandise from ULTA Beauty

September 21, 2023 | yahoo.com

These Limited Edition Beauty Gift Sets From Sephora Are Filled With Your Cult-Favorites & They’re Sure To Sell Out

See More Headlines

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ULTA Company Calendar

Last Earnings: 8/24/2023
Today: 9/28/2023
Next Earnings (Estimated): 12/07/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Retail stores, not elsewhere classified
Sub-Industry: Specialty Stores
Sector: Retail/Wholesale
Current Symbol: NASDAQ:ULTA
CUSIP: 90384S30
CIK: 1403568
Web: www.ulta.com
Phone: (630) 410-4800
Fax: N/A
Employees: 53,000
Year Founded: 1990

Price Target and Rating

Average Stock Price Forecast: $545.13
High Stock Price Forecast: $650.00
Low Stock Price Forecast: $375.00
Forecasted Upside/Downside: +36.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.74
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $24.92
Trailing P/E Ratio: 15.98
Forward P/E Ratio: 15.69
P/E Growth: 1.72
Net Income: $1.24 billion
Net Margins: 11.77%
Pretax Margin: 15.47%
Return on Equity: 63.51%
Return on Assets: 23.68%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.69
Quick Ratio: 0.47

Sales & Book Value

Annual Sales: $10.21 billion
Price / Sales: 1.92
Cash Flow: $29.81 per share
Price / Cash Flow: 13.36
Book Value: $41.68 per share
Price / Book: 9.56

Miscellaneous

Outstanding Shares: 49,230,000
Free Float: 49,062,000
Market Cap: $19.61 billion
Optionable: Not Optionable
Beta: 1.34

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Key Executives

Mr. David C. Kimbell (Age 56)
CEO & Director
Comp: $5.69M

Ms. Kecia L. Steelman (Age 52)
Pres & COO
Comp: $3.36M

Mr. Scott M. Settersten (Age 63)
CFO, Treasurer & Assistant Sec.
Comp: $2.36M

Ms. Jodi J. Caro (Age 57)
Gen. Counsel, Chief Risk & Compliance Officer, Chief Privacy Officer and Corp. Sec.
Comp: $1.48M

Ms. Anita J. Ryan (Age 59)
Chief HR Officer
Comp: $1.38M

Mr. Mike Maresca
Chief Technology & Information Officer

Ms. Kiley F. Rawlins
VP of Investor Relations

Eileen Ziesemer
VP of PR

Ms. Michelle Crossan
Chief Marketing Officer

Ms. Prama Bhatt (Age 52)
Chief Digital Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ULTA Stock - Frequently Asked Questions

Should I buy or sell Ulta Beauty stock right now?: 19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last twelve months. There are currently 1 sell rating, 4 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ULTA shares.
View ULTA analyst ratings or view top-rated stocks.
What is Ulta Beauty's stock price forecast for 2023?: 19 brokers have issued 1 year price targets for Ulta Beauty's stock. Their ULTA share price forecasts range from $375.00 to $650.00. On average, they expect the company's stock price to reach $545.13 in the next year. This suggests a possible upside of 36.9% from the stock's current price.
View analysts price targets for ULTA or view top-rated stocks among Wall Street analysts.
How have ULTA shares performed in 2023?: Ulta Beauty's stock was trading at $469.07 at the start of the year. Since then, ULTA shares have decreased by 15.1% and is now trading at $398.29.
View the best growth stocks for 2023 here.
When is Ulta Beauty's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our ULTA earnings forecast.
How were Ulta Beauty's earnings last quarter?: Ulta Beauty, Inc. (NASDAQ:ULTA) posted its quarterly earnings data on Thursday, August, 24th. The specialty retailer reported $6.02 earnings per share for the quarter, topping the consensus estimate of $5.85 by $0.17. The specialty retailer had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a net margin of 11.77% and a trailing twelve-month return on equity of 63.51%. Ulta Beauty's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period last year, the business posted $5.70 earnings per share.
Read the conference call transcript.
What ETFs hold Ulta Beauty's stock?: ETFs with the largest weight of Ulta Beauty (NASDAQ:ULTA) stock in their portfolio include Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Invesco Focused Discovery Growth ETF (IVDG), Hennessy Stance ESG Large Cap ETF (STNC), VictoryShares Nasdaq Next 50 ETF (QQQN), Pacer US Cash Cows Growth ETF (BUL), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and American Century STOXX U.S. Quality Growth ETF (QGRO).
What guidance has Ulta Beauty issued on next quarter's earnings?: Ulta Beauty updated its FY 2023 earnings guidance on Tuesday, August, 29th. The company provided earnings per share (EPS) guidance of $25.10-$25.60 for the period, compared to the consensus EPS estimate of $25.26. The company issued revenue guidance of $11.05 billion-$11.15 billion, compared to the consensus revenue estimate of $11.13 billion.
What is Mary Dillon's approval rating as Ulta Beauty's CEO?: 2,453 employees have rated Ulta Beauty Chief Executive Officer Mary Dillon on Glassdoor.com. Mary Dillon has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Ulta Beauty own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ulta Beauty investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), Salesforce (CRM), PayPal (PYPL), Boeing (BA) and Visa (V).
What is Ulta Beauty's stock symbol?: Ulta Beauty trades on the NASDAQ under the ticker symbol "ULTA."
Who are Ulta Beauty's major shareholders?: Ulta Beauty's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.51%), State Street Corp (4.10%), Bank Julius Baer & Co. Ltd Zurich (4.07%), Jennison Associates LLC (2.82%), Geode Capital Management LLC (2.24%) and Alecta Tjanstepension Omsesidigt (1.26%). Insiders that own company stock include Anita Jane Ryan, Catherine Ann Halligan, Charles Heilbronn, George R Mrkonic Jr, George R Mrkonic, Jr, Jeffrey J Childs, Jodi J Caro, Kecia Steelman, Lorna Nagler, Mary N Dillon, Michael R Macdonald, Mike C Smith, Robert F Diromualdo and Scott M Settersten.
View institutional ownership trends.
How do I buy shares of Ulta Beauty?: Shares of ULTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Ulta Beauty's stock price today?: One share of ULTA stock can currently be purchased for approximately $398.29.
How much money does Ulta Beauty make?: Ulta Beauty (NASDAQ:ULTA) has a market capitalization of $19.61 billion and generates $10.21 billion in revenue each year. The specialty retailer earns $1.24 billion in net income (profit) each year or $24.92 on an earnings per share basis.
How many employees does Ulta Beauty have?: The company employs 53,000 workers across the globe.
Does Ulta Beauty have any subsidiaries?: The following companies are subsidiares of Ulta Beauty: GlamST, QM Scientific, Ulta Beauty Cosmetics, Ulta Beauty Credit Services Corporation, Ulta Inc., and Ulta Salon Cosmetics & Fragrance.
Read More
How can I contact Ulta Beauty?: Ulta Beauty's mailing address is 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL, 60440. The official website for the company is www.ulta.com. The specialty retailer can be reached via phone at (630) 410-4800 or via email at investorrelations@ulta.com.

This page (NASDAQ:ULTA) was last updated on 9/28/2023 by MarketBeat.com Staff

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