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 shares have 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 quarterly earnings results on Thursday, May, 28th. The specialty retailer reported ($1.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 6.37% and a return on equity of 24.00%. The company's revenue for the quarter was down 32.7% on a year-over-year basis. During the same period in the previous year, the business posted $3.26 EPS. View Ulta Beauty's earnings history.

Ulta Beauty announced that its board has initiated a stock buyback plan on Thursday, March 12th 2020, which permits the company to buyback $1,600,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 12.7% of its stock through open market purchases. Stock buyback plans are usually 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.

26 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 stock 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.

Media stories about ULTA stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring 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 daily sentiment score of -3.5 on InfoTrie's scale. They also assigned headlines about the specialty retailer a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutUlta Beauty.

Ulta Beauty saw a decline in short interest in 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 daily trading volume, of 1,230,000 shares, the days-to-cover ratio is currently 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 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 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 $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]