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 (WHO). Since then, ULTA shares have increased by 11.3% and is now trading at $246.2550. 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 1 sell rating, 10 hold ratings and 16 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) announced its earnings results on Thursday, May, 28th. The specialty retailer reported ($1.39) 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 analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $3.26 earnings per share. View Ulta Beauty's earnings history.

Ulta Beauty announced that its board has initiated a stock 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 buy up to 12.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are 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.

27 equities research analysts have issued 12 month 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 $258.04 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View analysts' price targets for Ulta Beauty.

News stories about ULTA stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -1.0 on InfoTrie's scale. They also assigned news headlines about the specialty retailer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutUlta Beauty.

Ulta Beauty saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,070,000 shares, a decline 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 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 Tractor Supply (TSCO), Tiffany & Co. (TIF), 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 investors 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 bought 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 $246.26.

Ulta Beauty has a market capitalization of $13.87 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]