NASDAQ:ULTAUlta Beauty Stock Price, Forecast & News

Ulta Beauty's stock was trading at $221.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ULTA stock has decreased by 12.9% and is now trading at $192.71. 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 earnings results on Thursday, May, 28th. The specialty retailer reported ($1.39) EPS 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 24.36%. The firm's revenue was down 32.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.26 earnings per share. View Ulta Beauty's earnings history.

Ulta Beauty declared that its Board of Directors has authorized a stock repurchase program on Thursday, March 12th 2020, which allows the company to buyback $1,600,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 12.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

27 brokers have issued 12-month target prices for Ulta Beauty's stock. Their forecasts range from $190.00 to $330.00. On average, they anticipate Ulta Beauty's share price to reach $258.54 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price. View analysts' price targets for Ulta Beauty.

Media stories about ULTA stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ulta Beauty earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media coverage 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 immediate future. View the latest news about Ulta Beauty.

Ulta Beauty saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 2,720,000 shares, a decrease of 5.9% from the June 15th total of 2,890,000 shares. Based on an average daily trading volume, of 1,290,000 shares, the short-interest ratio is presently 2.1 days. Currently, 5.1% of the shares of the stock 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 shareholders 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, IFM Investors Pty Ltd, 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 $192.71.

Ulta Beauty has a market capitalization of $10.85 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]