NASDAQ:ULTAUlta Beauty Stock Price, Forecast & News

Ulta Beauty's stock was trading at $221.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ULTA shares have decreased by 11.4% and is now trading at $195.99. View which stocks have been most impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last year. There are currently 9 hold ratings and 18 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, September 3rd 2020. View our earnings forecast for Ulta Beauty.

Ulta Beauty Inc (NASDAQ:ULTA) issued its quarterly earnings results on Thursday, May, 28th. The specialty retailer reported ($1.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by $2.00. The specialty retailer earned $1.17 billion during the quarter, compared to analysts' expectations of $1.27 billion. Ulta Beauty had a return on equity of 24.36% and a net margin of 6.37%. The company's quarterly revenue was down 32.7% on a year-over-year basis. During the same period last year, the business posted $3.26 earnings per share. View Ulta Beauty's earnings history.

Ulta Beauty announced that its board has approved a stock buyback plan on Thursday, March 12th 2020, which authorizes the company to repurchase $1,600,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 12.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

27 Wall Street analysts have issued 1-year price objectives for Ulta Beauty's stock. Their forecasts range from $190.00 to $330.00. On average, they expect Ulta Beauty's share price to reach $258.54 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price. View analysts' price targets for Ulta Beauty.

Press coverage about ULTA stock has been trending very negative this week, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ulta Beauty earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned headlines about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Ulta Beauty.

Ulta Beauty saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,720,000 shares, a decline of 5.9% from the June 15th total of 2,890,000 shares. Based on an average daily volume of 1,290,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 5.1% 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 Tractor Supply (TSCO), Tiffany & Co. (TIF), Five Below (FIVE), Dicks Sporting Goods (DKS), Sally Beauty (SBH), Office Depot (ODP), Winmark (WINA), Signet Jewelers (SIG), MarineMax (HZO), Barnes & Noble (BKS), Hibbett Sports (HIBB), Big 5 Sporting Goods (BGFV) and GNC (GNC). View all competitors.

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

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

Ulta Beauty's stock is owned by many different institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.44%), Envestnet Asset Management Inc. (0.15%), State of Alaska Department of Revenue (0.04%), Farmers Trust Co. (0.02%), Robecosam AG (0.01%) and Bath Savings Trust Co (0.01%). Company insiders that own Ulta Beauty stock include Catherine Ann Halligan, Charles Heilbronn, David C Kimbell, Dennis K Eck, Jeffrey J Childs, Lorna Nagler, Mary N Dillon, Robert F Diromualdo, Sally E Blount and Scott M Settersten. View institutional ownership trends for Ulta Beauty.

ULTA stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Bath Savings Trust Co, and Groesbeck Investment Management Corp NJ. Company insiders that have sold Ulta Beauty company stock in the last year include Catherine Ann Halligan, and Jeffrey J Childs. View insider buying and selling activity for Ulta Beauty.

ULTA stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Farmers Trust Co., Arden Trust Co, Everence Capital Management Inc., DNB Asset Management AS, Mount Yale Investment Advisors LLC, Diversified Trust Co, and Modus Advisors LLC. Company insiders that have bought Ulta Beauty stock in the last two years include Charles Heilbronn, Mary N Dillon, and Sally E Blount. 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 $195.99.

Ulta Beauty has a market capitalization of $11.04 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.

The official website for Ulta Beauty is 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]