Ulta Beauty - ULTA Stock Forecast, Price & News

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last year. There are currently 6 hold ratings, 16 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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23 brokers have issued 12 month target prices for Ulta Beauty's shares. Their ULTA share price forecasts range from $385.00 to $563.00. On average, they predict the company's share price to reach $482.27 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price.
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Ulta Beauty's stock was trading at $412.34 at the beginning of the year. Since then, ULTA stock has decreased by 4.4% and is now trading at $394.11.
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Ulta Beauty saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,020,000 shares, an increase of 28.7% from the August 31st total of 1,570,000 shares. Based on an average trading volume of 853,100 shares, the short-interest ratio is presently 2.4 days. Currently, 4.0% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
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Ulta Beauty, Inc. (NASDAQ:ULTA) issued its earnings results on Thursday, August, 25th. The specialty retailer reported $5.70 earnings per share for the quarter, topping the consensus estimate of $4.96 by $0.74. The specialty retailer earned $2.30 billion during the quarter, compared to analysts' expectations of $2.20 billion. Ulta Beauty had a trailing twelve-month return on equity of 64.33% and a net margin of 12.08%. The business's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.56 EPS.
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Ulta Beauty updated its FY 2022 earnings guidance on Tuesday, September, 20th. The company provided EPS guidance of $20.70-$21.20 for the period, compared to the consensus earnings per share estimate of $20.25. The company issued revenue guidance of $9.65 billion-$9.75 billion, compared to the consensus revenue estimate of $9.53 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 shareholders include State Street Corp (3.93%), Alecta Tjanstepension Omsesidigt (2.28%), Goldman Sachs Group Inc. (1.81%), FMR LLC (1.45%), Renaissance Technologies LLC (1.35%) and Citadel Advisors LLC (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, 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 $394.11.

Ulta Beauty (NASDAQ:ULTA) has a market capitalization of $20.19 billion and generates $8.63 billion in revenue each year. The specialty retailer earns $985.84 million in net income (profit) each year or $21.35 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.