Ulta Beauty - ULTA Stock Forecast, Price & News

20 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, 13 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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20 Wall Street research analysts have issued 1-year target prices for Ulta Beauty's shares. Their ULTA share price forecasts range from $385.00 to $607.00. On average, they predict the company's share price to reach $514.95 in the next twelve months. This suggests that the stock has a possible downside of 1.1%.
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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 11.0% and is now trading at $520.76.
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Ulta Beauty saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,600,000 shares, an increase of 21.2% from the December 31st total of 1,320,000 shares. Based on an average daily trading volume, of 662,500 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.2% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
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Ulta Beauty, Inc. (NASDAQ:ULTA) released its quarterly earnings data on Thursday, December, 1st. The specialty retailer reported $5.34 EPS for the quarter, beating the consensus estimate of $4.09 by $1.25. The specialty retailer earned $2.34 billion during the quarter, compared to analysts' expectations of $2.21 billion. Ulta Beauty had a net margin of 12.26% and a trailing twelve-month return on equity of 68.33%. Ulta Beauty's quarterly revenue was up 17.2% on a year-over-year basis. During the same period in the prior year, the company posted $3.94 earnings per share.
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Ulta Beauty updated its FY 2022 earnings guidance on Saturday, December, 31st. The company provided EPS guidance of $22.60-$22.90 for the period, compared to the consensus earnings per share estimate of $21.40. The company issued revenue guidance of $9.95 billion-$10.00 billion, compared to the consensus revenue estimate of $9.77 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 number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.54%), Congress Asset Management Co. MA (0.50%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), DekaBank Deutsche Girozentrale (0.31%), Stephens Investment Management Group LLC (0.25%) and AMI Asset Management Corp (0.20%). 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, 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 $520.76.

Ulta Beauty (NASDAQ:ULTA) has a market capitalization of $26.50 billion and generates $8.63 billion in revenue each year. The specialty retailer earns $985.84 million in net income (profit) each year or $22.75 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.