Equities analysis analysts forecast that Ulta Beauty, Inc. (NASDAQ:ULTA – Get Rating) will report gross sales of $2.13 billion for the present fiscal quarter, Zacks Investment Research reviews. Ten analysts have issued estimates for Ulta Beauty’s earnings, with estimates starting from $2.07 billion to $2.19 billion. Ulta Beauty posted gross sales of $1.94 billion throughout the identical quarter final 12 months, which suggests a optimistic 12 months over 12 months development fee of 9.8%. The firm is scheduled to report its subsequent quarterly earnings report after the market closes on Monday, January 1st.
On common, analysts anticipate that Ulta Beauty will report full-year gross sales of $9.18 billion for the present 12 months, with estimates starting from $9.11 billion to $9.30 billion. For the subsequent fiscal 12 months, analysts anticipate that the corporate will put up gross sales of $9.84 billion, with estimates starting from $9.59 billion to $10.05 billion. Zacks’ gross sales calculations are a imply common based mostly on a survey of sell-side analysis companies that that present protection for Ulta Beauty.
Ulta Beauty (NASDAQ:ULTA – Get Rating) final issued its quarterly earnings outcomes on Thursday, March tenth. The specialty retailer reported $5.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.56 by $0.85. Ulta Beauty had a return on fairness of 54.42% and a web margin of 11.42%. The enterprise had income of $2.73 billion for the quarter, in contrast to the consensus estimate of $2.69 billion. During the identical interval within the prior 12 months, the agency posted $3.41 earnings per share. The enterprise’s quarterly income was up 24.1% on a year-over-year foundation.
Several analysis analysts not too long ago weighed in on ULTA shares. Credit Suisse Group restated a “purchase” ranking and set a $455.00 value goal on shares of Ulta Beauty in a analysis report on Friday, March eleventh. Raymond James minimize their value goal on shares of Ulta Beauty from $485.00 to $450.00 and set an “outperform” ranking for the corporate in a report on Wednesday, January twenty sixth. Barclays elevated their value goal on shares of Ulta Beauty from $440.00 to $469.00 and gave the inventory an “obese” ranking in a analysis report on Monday, March 14th. Zacks Investment Research raised shares of Ulta Beauty from a “maintain” ranking to a “purchase” ranking and set a $450.00 value goal for the corporate in a analysis report on Wednesday, April twentieth. Finally, Robert W. Baird decreased their value goal on shares of Ulta Beauty from $480.00 to $450.00 in a analysis report on Friday, March eleventh. Nine analysis analysts have rated the inventory with a maintain ranking and fifteen have assigned a purchase ranking to the corporate. Based on knowledge from MarketBeat, the corporate has a mean ranking of “Buy” and a mean value goal of $448.86.
In different Ulta Beauty information, insider Jodi J. Caro offered 5,340 shares of the inventory in a transaction on Wednesday, March sixteenth. The shares have been offered at a mean value of $384.54, for a complete transaction of $2,053,443.60. The transaction was disclosed in a submitting with the SEC, which might be accessed by means of the SEC web site. 3.10% of the inventory is at present owned by company insiders.
Several massive traders have not too long ago modified their holdings of ULTA. MUFG Americas Holdings Corp raised its holdings in shares of Ulta Beauty by 536.4% through the third quarter. MUFG Americas Holdings Corp now owns 70 shares of the specialty retailer’s inventory value $25,000 after buying a further 59 shares through the interval. Dixon Hughes Goodman Wealth Advisors LLC acquired a brand new stake in shares of Ulta Beauty through the fourth quarter value $25,000. North Star Investment Management Corp. acquired a brand new stake in shares of Ulta Beauty within the 4th quarter value about $27,000. Bank of New Hampshire acquired a brand new stake in shares of Ulta Beauty within the 1st quarter value about $29,000. Finally, Whittier Trust Co. of Nevada Inc. elevated its holdings in shares of Ulta Beauty by 525.0% within the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 75 shares of the specialty retailer’s inventory value $31,000 after buying a further 63 shares through the interval. 88.92% of the inventory is at present owned by institutional traders.
ULTA inventory opened at $396.80 on Monday. The firm’s 50-day easy transferring common is $391.85 and its 200-day easy transferring common is $386.80. Ulta Beauty has a 52-week low of $299.77 and a 52-week excessive of $438.63. The agency has a market cap of $20.72 billion, a P/E ratio of 22.03, a PEG ratio of 2.19 and a beta of 1.65.
Ulta Beauty Company Profile (Get Rating)
Ulta Beauty, Inc operates as a retailer of magnificence merchandise within the United States. The firm’s shops provide cosmetics, fragrances, skincare and haircare merchandise, bathtub and physique merchandise, and salon styling instruments; skilled hair merchandise; salon companies, together with hair, pores and skin, make-up, and forehead companies; and nail companies.
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