Ulta Beauty - ULTA Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last year. There are currently 1 sell rating, 5 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ULTA shares.
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21 equities research analysts have issued 1-year price objectives for Ulta Beauty's shares. Their ULTA share price forecasts range from $400.00 to $650.00. On average, they anticipate the company's stock price to reach $558.08 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
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Ulta Beauty's stock was trading at $469.07 at the start of the year. Since then, ULTA shares have increased by 14.3% and is now trading at $536.37.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
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Ulta Beauty, Inc. (NASDAQ:ULTA) posted its earnings results on Thursday, March, 9th. The specialty retailer reported $6.68 EPS for the quarter, beating analysts' consensus estimates of $5.53 by $1.15. The specialty retailer had revenue of $3.23 billion for the quarter, compared to the consensus estimate of $2.99 billion. Ulta Beauty had a net margin of 12.17% and a trailing twelve-month return on equity of 67.19%. The company's revenue was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.41 EPS.
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ETFs with the largest weight of Ulta Beauty (NASDAQ:ULTA) stock in their portfolio include Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), American Century STOXX U.S. Quality Growth ETF (QGRO), Invesco Focused Discovery Growth ETF (IVDG), Goldman Sachs Future Consumer Equity ETF (GBUY), VictoryShares Nasdaq Next 50 ETF (QQQN), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and Invesco DWA Consumer Cyclicals Momentum ETF (PEZ).

Ulta Beauty updated its FY 2023 earnings guidance on Thursday, March, 9th. The company provided EPS guidance of $24.70-$25.40 for the period, compared to the consensus EPS estimate of $22.93. The company issued revenue guidance of $10.95 billion-$11.05 billion, compared to the consensus revenue estimate of $10.00 billion.

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.

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).

Ulta Beauty trades on the NASDAQ under the ticker symbol "ULTA."

Ulta Beauty's stock is owned by a variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (3.01%), Morgan Stanley (2.23%), Geode Capital Management LLC (2.12%), Arrowstreet Capital Limited Partnership (1.87%), Alecta Tjanstepension Omsesidigt (1.73%) and Susquehanna International Group LLP (0.00%). 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, Sally E Blount and Scott M Settersten.
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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.
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One share of ULTA stock can currently be purchased for approximately $536.37.

Ulta Beauty (NASDAQ:ULTA) has a market capitalization of $26.92 billion and generates $10.21 billion in revenue each year. The specialty retailer earns $1.24 billion in net income (profit) each year or $24.02 on an earnings per share basis.

The company employs 40,500 workers across the globe.

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.