NASDAQ:ULTAUlta 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 stock has increased by 10.0% and is now trading at $243.31. 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, May 28th 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 (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 net margin of 9.54% and a return on equity of 36.75%. Ulta Beauty's revenue was down 32.7% compared to the same quarter last year. During the same period last year, the company posted $3.26 EPS. View Ulta Beauty's earnings history.

Ulta Beauty declared that its board has approved a share repurchase program on Thursday, March 12th 2020, which permits the company to repurchase $1,600,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 12.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is 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 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.

26 analysts have issued 1-year price objectives 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 $254.84 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View analysts' price targets for Ulta Beauty.

Media headlines about ULTA stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog 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 news sentiment score of -1.7 on InfoTrie's scale. They also assigned news articles 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 company's share price in the near term. View the latest news aboutUlta Beauty.

Ulta Beauty saw a decrease in short interest in 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 daily volume of 1,230,000 shares, the short-interest ratio is currently 2.5 days. Approximately 5.7% of the shares of the company 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 retail and institutional 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 acquired 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 $243.31.

Ulta Beauty has a market capitalization of $13.70 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]