Ulta Beauty, Inc. (NASDAQ:ULTA – Free Report) – Equities researchers at William Blair lowered their Q1 2025 earnings per share (EPS) estimates for shares of Ulta Beauty in a report issued on Thursday, May 23rd. William Blair analyst D. Carden now expects that the specialty retailer will post earnings per share of $6.24 for the quarter, down from their previous forecast of $6.41. The consensus estimate for Ulta Beauty’s current full-year earnings is $26.35 per share. William Blair also issued estimates for Ulta Beauty’s Q2 2025 earnings at $5.84 EPS, Q1 2026 earnings at $7.11 EPS, Q2 2026 earnings at $6.53 EPS, Q3 2026 earnings at $6.48 EPS and Q4 2026 earnings at $8.97 EPS.
A number of other research firms have also recently issued reports on ULTA. Raymond James decreased their target price on Ulta Beauty from $630.00 to $610.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, April 3rd. JPMorgan Chase & Co. boosted their price target on Ulta Beauty from $535.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, February 15th. Morgan Stanley boosted their price target on Ulta Beauty from $480.00 to $525.00 and gave the stock an “equal weight” rating in a report on Friday, March 15th. Jefferies Financial Group reduced their price target on Ulta Beauty from $438.00 to $412.00 and set a “hold” rating on the stock in a report on Friday. Finally, Oppenheimer reduced their price target on Ulta Beauty from $500.00 to $475.00 and set an “outperform” rating on the stock in a report on Tuesday, May 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $527.57.
View Our Latest Analysis on ULTA
Ulta Beauty Stock Performance
Shares of NASDAQ ULTA opened at $381.78 on Monday. Ulta Beauty has a 52 week low of $368.02 and a 52 week high of $574.76. The stock has a market capitalization of $18.30 billion, a P/E ratio of 14.66, a PEG ratio of 1.58 and a beta of 1.36. The stock’s fifty day moving average is $438.47 and its 200 day moving average is $471.43.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last posted its earnings results on Thursday, March 14th. The specialty retailer reported $8.08 earnings per share for the quarter, topping analysts’ consensus estimates of $7.49 by $0.59. Ulta Beauty had a return on equity of 61.64% and a net margin of 11.52%. The company had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same quarter last year, the firm earned $6.68 earnings per share. The company’s revenue was up 10.2% on a year-over-year basis.
Ulta Beauty declared that its Board of Directors has approved a stock repurchase program on Thursday, March 14th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the specialty retailer to buy up to 7.3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.
Insider Activity
In other news, COO Kecia Steelman sold 20,950 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $526.39, for a total transaction of $11,027,870.50. Following the completion of the sale, the chief operating officer now directly owns 10,494 shares of the company’s stock, valued at approximately $5,523,936.66. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, COO Kecia Steelman sold 20,950 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $526.39, for a total transaction of $11,027,870.50. Following the completion of the sale, the chief operating officer now directly owns 10,494 shares of the company’s stock, valued at approximately $5,523,936.66. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Anita Jane Ryan sold 3,102 shares of Ulta Beauty stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $525.25, for a total value of $1,629,325.50. Following the completion of the sale, the insider now directly owns 2,705 shares of the company’s stock, valued at approximately $1,420,801.25. The disclosure for this sale can be found here. Insiders sold a total of 24,552 shares of company stock valued at $12,920,326 in the last ninety days. 0.39% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Ulta Beauty
Several large investors have recently added to or reduced their stakes in ULTA. Turtle Creek Wealth Advisors LLC purchased a new stake in Ulta Beauty in the 4th quarter worth about $25,000. Loomis Sayles & Co. L P boosted its stake in Ulta Beauty by 364.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 65 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 51 shares during the period. Vima LLC bought a new position in Ulta Beauty in the 4th quarter worth about $27,000. BKM Wealth Management LLC bought a new position in Ulta Beauty in the 4th quarter worth about $28,000. Finally, VisionPoint Advisory Group LLC boosted its stake in Ulta Beauty by 7,300.0% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 74 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 73 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.
Ulta Beauty Company Profile
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.
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