NASDAQ:ULTA - Ulta Beauty Stock Price, Forecast & News

Ulta Beauty's stock was trading at $221.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ULTA shares have decreased by 18.8% and is now trading at $179.71. View which stocks have been mosted impacted by Coronavirus.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last year. There are currently 1 sell rating, 9 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ulta Beauty.

Ulta Beauty is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Ulta Beauty.

Ulta Beauty Inc (NASDAQ:ULTA) announced its quarterly earnings data on Thursday, March, 12th. The specialty retailer reported $3.89 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.16. The specialty retailer had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.29 billion. Ulta Beauty had a net margin of 9.54% and a return on equity of 36.75%. The firm's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the company posted $3.61 EPS. View Ulta Beauty's earnings history.

Ulta Beauty announced that its Board of Directors has authorized a share buyback program on Thursday, March 12th 2020, which allows the company to buyback $1,600,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 12.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

Ulta Beauty issued an update on its FY21 earnings guidance on Thursday, March, 12th. The company provided earnings per share guidance of $12.55-$12.75 for the period, compared to the Thomson Reuters consensus estimate of $13.05. The company issued revenue guidance of $7.92-$7.99 billion, compared to the consensus revenue estimate of $8.01 billion.

25 brokerages have issued twelve-month target prices for Ulta Beauty's shares. Their forecasts range from $195.00 to $330.00. On average, they expect Ulta Beauty's share price to reach $259.87 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Ulta Beauty.

Media headlines about ULTA stock have been trending very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ulta Beauty earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutUlta Beauty.

Ulta Beauty saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 3,114,400 shares, a decline of 18.0% from the February 27th total of 3,800,000 shares. Based on an average daily trading volume, of 1,206,100 shares, the short-interest ratio is presently 2.6 days. Currently, 5.7% of the shares of the company are short sold. View Ulta Beauty's Current Options Chain.

Some companies that are related to Ulta Beauty include Tiffany & Co. (TIF), Tractor Supply (TSCO), Five Below (FIVE), Dicks Sporting Goods (DKS), Sally Beauty (SBH), Office Depot (ODP), Winmark (WINA), Barnes & Noble (BKS), Signet Jewelers (SIG), MarineMax (HZO), Hibbett Sports (HIBB), GNC (GNC) and Big 5 Sporting Goods (BGFV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ulta Beauty investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), Micron Technology (MU), Walt Disney (DIS), Celgene (CELG), Broadcom (AVGO), Boeing (BA) and salesforce.com (CRM).

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 shareholders include Alliancebernstein L.P. (5.24%), State Street Corp (4.40%), FMR LLC (2.93%), Geode Capital Management LLC (1.59%), Champlain Investment Partners LLC (1.38%) and Alecta Pensionsforsakring Omsesidigt (1.21%). Company insiders that own Ulta Beauty stock include Catherine Ann Halligan, Charles Heilbronn, Charles J Philippin, David C Kimbell, Dennis K Eck, Jeffrey J Childs, Lorna Nagler, Mary N Dillon, Robert F Diromualdo, Sally E Blount, Scott M Settersten and Vanessa Ames Wittman. View institutional ownership trends for Ulta Beauty.

ULTA stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Alliancebernstein L.P., UBS Asset Management Americas Inc., Jennison Associates LLC, Strs Ohio, Janus Henderson Group PLC, Bank of New York Mellon Corp, and Blair William & Co. IL. Company insiders that have sold Ulta Beauty company stock in the last year include Catherine Ann Halligan, Dennis K Eck, Jeffrey J Childs, Lorna Nagler, and Sally E Blount. View insider buying and selling activity for Ulta Beauty.

ULTA stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Sustainable Growth Advisers LP, Champlain Investment Partners LLC, Alecta Pensionsforsakring Omsesidigt, Anchor Capital Advisors LLC, Spyglass Capital Management LLC, Tobam, and Amundi Pioneer Asset Management Inc.. Company insiders that have bought Ulta Beauty stock in the last two years include Charles Heilbronn, and Mary N Dillon. View insider buying and selling activity for Ulta Beauty.

Shares of ULTA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ULTA stock can currently be purchased for approximately $179.71.

Ulta Beauty has a market capitalization of $10.27 billion and generates $7.40 billion in revenue each year. The specialty retailer earns $705.95 million in net income (profit) each year or $11.91 on an earnings per share basis. Ulta Beauty employs 44,000 workers across the globe. View additional information about Ulta Beauty.

The official website for Ulta Beauty is http://www.ulta.com/.

Ulta Beauty's mailing address is 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL, 60440. The specialty retailer can be reached via phone at 630-410-4800 or via email at [email protected]