Shares of Ulta Beauty Inc. (NASDAQ:ULTA – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $447.12 and last traded at $450.32, with a volume of 92413 shares. The stock had previously closed at $459.12.
Wall Street Analyst Weigh In
Several equities analysts recently commented on ULTA shares. Weiss Ratings cut shares of Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, June 3rd. Argus set a $550.00 price target on shares of Ulta Beauty in a research report on Thursday, June 18th. The Goldman Sachs Group dropped their price objective on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Loop Capital reaffirmed a “hold” rating and set a $550.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Finally, William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a research note on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $638.09.
Get Our Latest Analysis on ULTA
Ulta Beauty Price Performance
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, topping analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the previous year, the company earned $6.70 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, sell-side analysts forecast that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.
Insiders Place Their Bets
In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the sale, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.17% of the stock is owned by company insiders.
Institutional Investors Weigh In On Ulta Beauty
Hedge funds have recently made changes to their positions in the company. Rathbones Group PLC lifted its holdings in Ulta Beauty by 12.8% during the 1st quarter. Rathbones Group PLC now owns 116,394 shares of the specialty retailer’s stock valued at $60,840,000 after purchasing an additional 13,190 shares during the last quarter. Parallel Advisors LLC boosted its position in Ulta Beauty by 8.6% in the first quarter. Parallel Advisors LLC now owns 768 shares of the specialty retailer’s stock valued at $402,000 after buying an additional 61 shares in the last quarter. NewEdge Advisors LLC grew its stake in Ulta Beauty by 70.5% during the first quarter. NewEdge Advisors LLC now owns 14,769 shares of the specialty retailer’s stock worth $7,720,000 after buying an additional 6,106 shares during the last quarter. First Nebraska Trust Co bought a new stake in Ulta Beauty during the first quarter worth about $243,000. Finally, Allen Capital Group LLC increased its holdings in shares of Ulta Beauty by 5.3% during the first quarter. Allen Capital Group LLC now owns 7,545 shares of the specialty retailer’s stock worth $3,944,000 after buying an additional 378 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.
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.
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