Free Trial

Ulta Beauty (ULTA) Stock Price, News & Analysis

$382.61
-2.27 (-0.59%)
(As of 06/7/2024 08:52 PM ET)
Today's Range
$380.39
$385.37
50-Day Range
$376.14
$529.01
52-Week Range
$368.02
$574.76
Volume
758,300 shs
Average Volume
809,955 shs
Market Capitalization
$18.26 billion
P/E Ratio
14.92
Dividend Yield
N/A
Price Target
$507.30

Ulta Beauty MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
32.6% Upside
$507.30 Price Target
Short Interest
Healthy
3.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.83
Upright™ Environmental Score
News Sentiment
1.20mentions of Ulta Beauty in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$12.92 M Sold Last Quarter
Proj. Earnings Growth
11.06%
From $25.76 to $28.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.86 out of 5 stars

Retail/Wholesale Sector

8th out of 189 stocks

Retail Stores, Not Elsewhere Classified Industry

2nd out of 13 stocks

ULTA stock logo

About Ulta Beauty Stock (NASDAQ:ULTA)

Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications. It also offers beauty services, including hair, makeup, brow, and skin services at its stores. The company was formerly known as ULTA Salon, Cosmetics & Fragrance, Inc. and changed its name to Ulta Beauty, Inc. in January 2017. Ulta Beauty, Inc. was incorporated in 1990 and is based in Bolingbrook, Illinois.

ULTA Stock Price History

ULTA Stock News Headlines

Ulta Beauty: A Must-Have Stock for Your Watchlist This Quarter
After reporting its first quarter 2024 earnings results, shares of Ulta Beauty Inc. NASDAQ: ULTA rallied by 12.7% as an initial reaction to the company's financials. What investors need to keep in mind for the following months is Ulta's resilient product line, which could be considered part of the consumer staples sector rather than the retail sector.
Ulta Beauty: A Must-Have Stock for Your Watchlist This Quarter (ULTA)
Ulta's stock price today seems to be cheap enough for management to start buying it, and analysts still see double-digit upside as the main drivers still rose
MarketBeat Week in Review – 5/20 - 5/24 (ULTA)
The market sold off sharply despite a strong earnings report from Nvidia; a short trading week will include economic reports that could bring more volatility
3 High-Quality Value Stocks You Should Know (ULTA)
Three stocks come to fill the requirements that every value investor wants to find in a company, leading to predictable cash flows and wealth compounding
3 Hot Buyback Plans Supporting Price Action in 2024
Share repurchases are a controversial topic because they often do little more than hide the impact of share-based compensation or amplify (at face value) sluggish earnings growth. However, as with the stocks today, share repurchases can drive shareholder value by reducing the share count.
3 Hot Buyback Plans Supporting Price Action in 2024 (ULTA)
These companies are in a solid position to reduce their share count in 2024 and drive value for their shareholders this year and for the long term.
3 Value Stocks Too Small for Warren Buffett to Buy
Investors follow what stocks Warren Buffett buy. However, they lack a crucial detail in these strategies: Buffett's company, Buffett's Berkshire Hathaway Inc. NYSE: BRK.A, reported having $188.9 billion in cash last quarter, so any deal under $50 billion would be considered too small to move the needle.
3 Value Stocks Too Small for Warren Buffett to Buy (ULTA)
Three stocks fit the value investor checklist, and their small sizes keep them off the mega investor's radar, giving retail investors an advantage this quarter.
See More Headlines
Receive ULTA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ulta Beauty and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/30/2024
Today
6/09/2024
Next Earnings (Estimated)
8/22/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
Specialty Stores
Current Symbol
NASDAQ:ULTA
CUSIP
90384S30
Fax
N/A
Employees
56,000
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$507.30
High Stock Price Target
$690.00
Low Stock Price Target
$350.00
Potential Upside/Downside
+32.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
23 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
14.64%

Debt

Sales & Book Value

Annual Sales
$11.21 billion
Cash Flow
$31.59 per share
Book Value
$48.22 per share

Miscellaneous

Free Float
47,530,000
Market Cap
$18.26 billion
Optionable
Optionable
Beta
1.36

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Should I Buy Ulta Beauty Stock? ULTA Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ulta Beauty, Inc.:

  • Ulta Beauty stock price has shown a 2.5% increase recently, indicating positive market sentiment.
  • Strong institutional investor ownership at 90.39% can provide stability and confidence in the company's performance.
  • Analysts have given Ulta Beauty a consensus rating of "Moderate Buy" with an average target price of $507.30, suggesting growth potential.
  • Recent insider selling activity indicates confidence in the company's future prospects.
  • Ulta Beauty's position as a specialty beauty retailer in the U.S. offers a unique market niche with growth opportunities.

Cons

Investors should be bearish about investing in Ulta Beauty, Inc. for these reasons:

  • Recent insider selling activity, with insiders selling 24,552 shares valued at $12,920,326, may raise concerns about future performance.
  • Analysts at Wells Fargo & Company have given Ulta Beauty an "underweight" rating, indicating potential risks in the stock.
  • One equities research analyst has rated the stock with a sell rating, suggesting a negative outlook on Ulta Beauty's performance.
  • Ulta Beauty's stock price has experienced fluctuations, which could pose risks for short-term investors.
  • Competitive pressures in the beauty retail industry may impact Ulta Beauty's market share and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 1, 2024. Please send any questions or comments about these Ulta Beauty pros and cons to contact@marketbeat.com.

ULTA Stock Analysis - Frequently Asked Questions

Should I buy or sell Ulta Beauty stock right now?

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last twelve months. There are currently 1 sell rating, 8 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ULTA shares.
View ULTA analyst ratings
or view top-rated stocks.

What is Ulta Beauty's stock price target for 2024?

23 analysts have issued 1-year price objectives for Ulta Beauty's shares. Their ULTA share price targets range from $350.00 to $690.00. On average, they predict the company's share price to reach $507.30 in the next year. This suggests a possible upside of 32.6% from the stock's current price.
View analysts price targets for ULTA
or view top-rated stocks among Wall Street analysts.

How have ULTA shares performed in 2024?

Ulta Beauty's stock was trading at $489.99 at the beginning of 2024. Since then, ULTA shares have decreased by 21.9% and is now trading at $382.61.
View the best growth stocks for 2024 here
.

When is Ulta Beauty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 22nd 2024.
View our ULTA earnings forecast
.

How were Ulta Beauty's earnings last quarter?

Ulta Beauty, Inc. (NASDAQ:ULTA) posted its quarterly earnings data on Thursday, May, 30th. The specialty retailer reported $6.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.19 by $0.28. The specialty retailer had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.72 billion. Ulta Beauty had a net margin of 11.13% and a trailing twelve-month return on equity of 58.06%. The company's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.88 earnings per share.
Read the conference call transcript
.

How will Ulta Beauty's stock buyback program work?

Ulta Beauty declared that its Board of Directors has approved a stock repurchase plan on Thursday, March 14th 2024, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

What guidance has Ulta Beauty issued on next quarter's earnings?

Ulta Beauty updated its FY25 earnings guidance on Thursday, May, 30th. The company provided EPS guidance of $25.20-26.00 for the period, compared to the consensus estimate of $26.32. The company issued revenue guidance of $11.5-11.6 billion, compared to the consensus revenue estimate of $11.70 billion.

What is Mary Dillon's approval rating as Ulta Beauty's CEO?

2,453 employees have rated Ulta Beauty Chief Executive Officer Mary Dillon on Glassdoor.com. Mary Dillon has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Ulta Beauty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ulta Beauty investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), Salesforce (CRM), PayPal (PYPL), Boeing (BA) and Visa (V).

Who are Ulta Beauty's major shareholders?

Ulta Beauty's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.57%), Price T Rowe Associates Inc. MD (1.83%), TD Asset Management Inc (1.14%), Boston Partners (0.99%), Bessemer Group Inc. (0.75%) and Global Assets Advisory LLC (0.70%). Insiders that own company stock include Anita Jane Ryan, Catherine Ann Halligan, George R Mrkonic Jr, George R Mrkonic, Jr, Jeffrey J Childs, Jodi J Caro, Kecia Steelman, Lorna Nagler, Mary N Dillon, Michael R Macdonald, Mike C Smith and Scott M Settersten.
View institutional ownership trends
.

How do I buy shares of Ulta Beauty?

Shares of ULTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ulta Beauty have any subsidiaries?
The following companies are subsidiares of Ulta Beauty: GlamST, QM Scientific, Ulta Beauty Cosmetics, Ulta Beauty Credit Services Corporation, Ulta Inc., and Ulta Salon Cosmetics & Fragrance.
Read More
This page (NASDAQ:ULTA) was last updated on 6/10/2024 by MarketBeat.com Staff

From Our Partners