Ulta Beauty (NASDAQ:ULTA) Receives “Buy” Rating from DA Davidson
by Doug Wharley · The Cerbat GemUlta Beauty (NASDAQ:ULTA – Get Free Report)‘s stock had its “buy” rating restated by stock analysts at DA Davidson in a note issued to investors on Tuesday,Benzinga reports. They currently have a $650.00 price objective on the specialty retailer’s stock. DA Davidson’s price objective indicates a potential upside of 21.82% from the stock’s current price.
Other research analysts have also issued reports about the company. Zacks Research lowered Ulta Beauty from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Jefferies Financial Group assumed coverage on Ulta Beauty in a research note on Wednesday, January 14th. They issued a “hold” rating and a $700.00 price target for the company. William Blair reissued a “market perform” rating on shares of Ulta Beauty in a research note on Monday, March 9th. Oppenheimer decreased their price target on Ulta Beauty from $750.00 to $650.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Finally, Bank of America increased their price target on Ulta Beauty from $610.00 to $685.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $674.23.
Read Our Latest Analysis on Ulta Beauty
Ulta Beauty Stock Up 1.3%
Ulta Beauty stock traded up $6.80 during trading hours on Tuesday, hitting $533.56. The stock had a trading volume of 404,876 shares, compared to its average volume of 659,915. The stock has a market cap of $23.34 billion, a price-to-earnings ratio of 20.84, a P/E/G ratio of 1.91 and a beta of 0.95. Ulta Beauty has a one year low of $347.48 and a one year high of $714.97. The business’s 50 day simple moving average is $609.23 and its 200-day simple moving average is $588.23.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last posted its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating the consensus estimate of $7.93 by $0.08. The firm had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the company earned $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Research analysts anticipate that Ulta Beauty will post 23.96 EPS for the current fiscal year.
Insiders Place Their Bets
In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the sale, the director directly owned 2,383 shares in the company, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.39% of the company’s stock.
Institutional Trading of Ulta Beauty
A number of large investors have recently bought and sold shares of ULTA. Fideuram Asset Management Ireland dac acquired a new stake in shares of Ulta Beauty in the 4th quarter worth about $25,000. Strengthening Families & Communities LLC raised its holdings in shares of Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 42 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new stake in shares of Ulta Beauty in the 3rd quarter worth about $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Ulta Beauty in the 4th quarter worth about $30,000. Finally, Steigerwald Gordon & Koch Inc. raised its holdings in shares of Ulta Beauty by 2,550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 51 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.
Ulta Beauty Company Profile
Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.
The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.