Ulta Beauty Inc. (NASDAQ:ULTA) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Ulta Beauty Inc. (NASDAQ:ULTA) have received a consensus recommendation of “Moderate Buy” from the twenty-seven analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $626.5909.

A number of analysts recently commented on the stock. Morgan Stanley lowered their target price on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Wells Fargo & Company reduced their price target on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a research report on Wednesday, June 3rd. Piper Sandler dropped their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Loop Capital reissued a “hold” rating and set a $550.00 price target on shares of Ulta Beauty in a report on Wednesday, June 3rd. Finally, Weiss Ratings downgraded Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 3rd.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $545.66 on Friday. Ulta Beauty has a one year low of $443.60 and a one year high of $714.97. The company’s 50-day simple moving average is $500.73 and its two-hundred day simple moving average is $531.63. The company has a market capitalization of $23.33 billion, a P/E ratio of 19.89, a P/E/G ratio of 1.61 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, beating the consensus estimate of $6.22 by $0.33. The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.99 billion. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%.The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $5.78 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, research analysts expect that Ulta Beauty will post 28.91 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the sale, the director owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

Institutional Trading of Ulta Beauty

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Fideuram Asset Management Ireland dac purchased a new stake in Ulta Beauty during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC increased its position in shares of Ulta Beauty by 860.0% during the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 43 shares in the last quarter. Strengthening Families & Communities LLC grew its position in shares of Ulta Beauty by 4,200.0% during the fourth 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. Clearstead Trust LLC purchased a new position in shares of Ulta Beauty during the second quarter worth approximately $27,000. Finally, Ascentis Independent Advisors acquired a new position in shares of Ulta Beauty in the 1st quarter valued at $29,000. 90.39% of the stock is owned by institutional investors and hedge funds.

About Ulta Beauty

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.