Ulta Beauty, Inc. (NASDAQ:ULTA – Free Report) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Ulta Beauty in a report released on Monday, March 18th. DA Davidson analyst M. Baker expects that the specialty retailer will post earnings per share of $5.87 for the quarter. DA Davidson has a “Buy” rating and a $595.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $26.77 per share. DA Davidson also issued estimates for Ulta Beauty’s FY2026 earnings at $30.04 EPS.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last posted its quarterly earnings data on Thursday, March 14th. The specialty retailer reported $8.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.49 by $0.59. The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.53 billion. Ulta Beauty had a return on equity of 61.64% and a net margin of 11.52%. Ulta Beauty’s revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.68 EPS.
Other analysts have also issued research reports about the company. Loop Capital boosted their target price on Ulta Beauty from $530.00 to $540.00 and gave the company a “hold” rating in a research report on Friday, March 15th. Argus upped their price objective on Ulta Beauty from $500.00 to $545.00 and gave the stock a “buy” rating in a research report on Wednesday, December 6th. Citigroup upped their price objective on Ulta Beauty from $440.00 to $485.00 and gave the stock a “neutral” rating in a research report on Friday, December 1st. Oppenheimer reaffirmed an “outperform” rating and set a $525.00 price objective on shares of Ulta Beauty in a research report on Friday, December 1st. Finally, Raymond James upped their price objective on Ulta Beauty from $575.00 to $630.00 and gave the stock a “strong-buy” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $579.81.
Check Out Our Latest Analysis on Ulta Beauty
Ulta Beauty Stock Performance
ULTA opened at $529.08 on Tuesday. Ulta Beauty has a one year low of $368.02 and a one year high of $574.76. The stock has a market capitalization of $25.69 billion, a PE ratio of 20.31, a P/E/G ratio of 2.25 and a beta of 1.31. The business’s 50 day moving average price is $520.56 and its 200 day moving average price is $457.76.
Ulta Beauty announced that its Board of Directors has authorized a stock repurchase program on Thursday, March 14th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the specialty retailer to buy up to 7.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.
Hedge Funds Weigh In On Ulta Beauty
Several large investors have recently bought and sold shares of ULTA. Charles Schwab Investment Management Inc. boosted its stake in shares of Ulta Beauty by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 284,442 shares of the specialty retailer’s stock worth $113,620,000 after buying an additional 2,126 shares during the period. AXQ Capital LP acquired a new stake in shares of Ulta Beauty during the third quarter worth about $879,000. First Hawaiian Bank boosted its stake in shares of Ulta Beauty by 56.5% during the fourth quarter. First Hawaiian Bank now owns 6,769 shares of the specialty retailer’s stock worth $3,317,000 after buying an additional 2,444 shares during the period. Diversified Trust Co boosted its stake in shares of Ulta Beauty by 4.8% during the fourth quarter. Diversified Trust Co now owns 1,976 shares of the specialty retailer’s stock worth $968,000 after buying an additional 90 shares during the period. Finally, Raleigh Capital Management Inc. boosted its stake in shares of Ulta Beauty by 4.3% during the third quarter. Raleigh Capital Management Inc. now owns 535 shares of the specialty retailer’s stock worth $214,000 after buying an additional 22 shares during the period. Institutional investors and hedge funds own 92.30% of the company’s stock.
About Ulta Beauty
Ulta Beauty, Inc operate specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services in the United States. It offers broad assortment of branded and private label beauty products including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools; and salon services, including hair, skin, makeup, and brow services, as well as nail services.
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