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. Since then, ULTA shares have decreased by 27.0% and is now trading at $161.50. 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) posted its quarterly earnings data on Thursday, March, 12th. The specialty retailer reported $3.89 earnings per share for the quarter, topping the Thomson Reuters' 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 return on equity of 36.75% and a net margin of 9.54%. The business's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.61 earnings per share. View Ulta Beauty's earnings history.

Ulta Beauty announced that its Board of Directors has authorized a stock repurchase plan 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 buy up to 12.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

Ulta Beauty updated 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 earnings per share 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 equities research analysts have issued 1 year price targets 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 $259.65 in the next year. This suggests a possible upside of 60.8% from the stock's current price. View analysts' price targets for Ulta Beauty.

Media coverage about ULTA stock has trended neutral on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ulta Beauty earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news stories about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutUlta Beauty.

Ulta Beauty saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 3,114,400 shares, a decrease of 18.0% from the February 27th total of 3,800,000 shares. Based on an average daily volume of 1,206,100 shares, the short-interest ratio is currently 2.6 days. Approximately 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), Barnes & Noble (BKS), Winmark (WINA), 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 many different institutional and retail investors. Top institutional shareholders include Bath Savings Trust Co (0.01%). 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 Bath Savings Trust Co. 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.

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 $161.50.

Ulta Beauty has a market capitalization of $9.23 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]