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 (WHO). Since then, ULTA stock has increased by 10.3% and is now trading at $244.01. View which stocks have been most impacted by Coronavirus.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last year. There are currently 1 sell rating, 10 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, September 3rd 2020. View our earnings forecast for Ulta Beauty.

Ulta Beauty Inc (NASDAQ:ULTA) posted its earnings results on Thursday, May, 28th. The specialty retailer reported ($1.39) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.61 by $2.00. The specialty retailer had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.27 billion. Ulta Beauty had a net margin of 6.37% and a return on equity of 24.00%. The firm's revenue for the quarter was down 32.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.26 earnings per share. View Ulta Beauty's earnings history.

Ulta Beauty declared that its Board of Directors has authorized a share buyback program on Thursday, March 12th 2020, which allows the company to repurchase $1,600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 12.7% of its stock through open market purchases. Stock repurchase programs are typically an indication 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 (EPS) guidance of $12.55-$12.75 for the period, compared to the Thomson Reuters consensus EPS 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.

26 brokerages have issued 1 year target prices for Ulta Beauty's shares. Their forecasts range from $190.00 to $330.00. On average, they expect Ulta Beauty's share price to reach $260.64 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Ulta Beauty.

News coverage about ULTA stock has been trending extremely negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ulta Beauty earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned media headlines about the specialty retailer a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutUlta Beauty.

Ulta Beauty saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,070,000 shares, a decrease of 11.0% from the April 30th total of 3,450,000 shares. Based on an average trading volume of 1,230,000 shares, the short-interest ratio is presently 2.5 days. Currently, 5.7% of the shares of the stock are sold short. 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), Signet Jewelers (SIG), Winmark (WINA), Barnes & Noble (BKS), MarineMax (HZO), Hibbett Sports (HIBB), GNC (GNC) and Big 5 Sporting Goods (BGFV). 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 shareholders include BlackRock Inc. (7.14%), Alliancebernstein L.P. (5.24%), State Street Corp (4.30%), Wells Fargo & Company MN (2.00%), Invesco Ltd. (1.99%) and Alecta Pensionsforsakring Omsesidigt (1.78%). 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 Morgan Stanley, Morgan Stanley, Primecap Management Co. CA, Janus Henderson Group PLC, HS Management Partners LLC, California Public Employees Retirement System, Squarepoint Ops LLC, and State Street Corp. Company insiders that have sold Ulta Beauty company stock in the last year include Catherine Ann Halligan, Jeffrey J Childs, Lorna Nagler, and Sally E Blount. View insider buying and selling activity for Ulta Beauty.

ULTA stock was purchased by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, Alecta Pensionsforsakring Omsesidigt, DNB Asset Management AS, Mackenzie Financial Corp, Alta Capital Management LLC, SPF Beheer BV, Chilton Investment Co. LLC, and Melvin Capital Management LP. 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 $244.01.

Ulta Beauty has a market capitalization of $13.74 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]