Raymond James Maintains Ulta Salon, Cosmetics & Fragrance (ULTA) Strong Buy Recommendation

Raymond James Maintains Ulta Salon, Cosmetics & Fragrance (ULTA) Strong Buy Recommendation

Fintel studies that on April 6, 2023,
Raymond James
maintained
protection of Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) with
a Strong Buy suggestion.

Analyst Price Forecast Suggests 8.22% Upside

As of April 6, 2023,
the typical one-year value goal for Ulta Salon, Cosmetics & Fragrance is $563.75.
The forecasts vary from a low of $404.00 to a excessive of $667.80.
The common value goal represents a rise of 8.22% from its newest reported closing value of $520.95.

See our leaderboard of firms with the biggest value goal upside.

The projected annual income for Ulta Salon, Cosmetics & Fragrance
is $10,921MM, a rise of 6.98%.

The projected annual non-GAAP EPS
is $24.64.

What are Other Shareholders Doing?

Householder Group Estate & Retirement Specialist
holds 0K shares
representing 0.00% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 0K shares, representing
a rise
of 55.17%.

The agency

elevated

its portfolio allocation in ULTA by 841.34% during the last quarter.

SFAAX – Wells Fargo Index Asset Allocation Fund
holds 1K shares
representing 0.00% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 1K shares, representing
a lower
of 5.93%.

The agency

elevated

its portfolio allocation in ULTA by 11.83% during the last quarter.

DURPX – U.S. High Relative Profitability Portfolio Institutional Class
holds 44K shares
representing 0.09% possession of the corporate.

No change within the final quarter.

Sage Capital Advisors
holds 1K shares
representing 0.00% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 1K shares, representing
a rise
of 0.39%.

The agency

elevated

its portfolio allocation in ULTA by 1.48% during the last quarter.

Nuveen S&p 500 Buywrite Income Fund
holds 5K shares
representing 0.01% possession of the corporate.

No change within the final quarter.

What is the Fund Sentiment?

There are 1885 funds or establishments reporting positions in Ulta Salon, Cosmetics & Fragrance.

This is a rise
of
73
proprietor(s) or 4.03% within the final quarter.

Average portfolio weight of all funds devoted to ULTA is 0.33%,
a lower
of 5.34%.

Total shares owned by establishments decreased
within the final three months by 0.02% to 53,647K shares.

The put/name ratio of ULTA is 1.67, indicating a

bearish
outlook.

Ulta Beauty Background Information(This description is offered by the corporate.)

Ulta Beauty is the biggest U.S. magnificence retailer and the premier magnificence vacation spot for cosmetics, perfume, skincare merchandise, hair care merchandise and salon providers. Since 1990, the Company has introduced collectively all issues magnificence, multi functional place with greater than 25,000 merchandise from roughly 500 well-established and rising magnificence manufacturers throughout all classes and value factors, together with Ulta Beauty’s personal non-public label. Ulta Beauty additionally provides a full-service salon in each retailer that includes hair, pores and skin, forehead, and make-up providers. Ulta Beauty operates retail shops throughout 50 states and in addition distributes its merchandise via its web site, which features a assortment of suggestions, tutorials and social content material.

See all Ulta Salon, Cosmetics & Fragrance regulatory filings.

This story initially appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.

https://www.nasdaq.com/articles/raymond-james-maintains-ulta-salon-cosmetics-fragrance-ulta-strong-buy-recommendation

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About the Author: Jessica