Over the past three months, 36 analysts have issued ratings for Ulta Beauty ULTA, offering views ranging from bullish to bearish.
The table below provides a snapshot of recent ratings, showing how sentiment has changed over the past 30 days and comparing it to the previous month.
Bullish Somewhat bullish Indifferent Somewhat bearish Bearish Total rating 8 12 13 2 1 Latest 30 days 0 1 0 0 0 1 month ago 1 3 5 0 0 2 months ago 7 7 6 1 1 3 months ago 0 1 2 1 0
To provide deeper insight, analysts have set 12-month price targets, with an average target of $412.78, a high of $505.00 and a low of $300.00. The negative change in sentiment is evident as analysts have lowered their average price target by 8.83%.
Explore analyst ratings: Detailed overview
A thorough analysis of recent analyst actions reveals Ulta Beauty’s standing among financial experts. The overview below provides an overview of the key analysts, their recent reviews, and their ratings and price target adjustments.
Analyst Analyst Firm Action Rating Current Price Target Previous Price Target Christopher Horvers JP Morgan Overweight $472.00 $450.00 Oliver Chen TD Cowen Lowers Hold $380.00 $390.00 Mark Astrakhan Stifel Increases Hold $395.00 $385.00 Dana Telsey Telsey Advisory Group Remains Outperforming $450.00 .00 Colin Wolfmeyer Piper Sandler Raises Neutral $357.00 $356.00 Rupesh Parikh Oppenheimer Remains Outperforming $435.00 $435.00 Olivia Tong Raymond James Lowers Outperforms $440.00 $450.00 Christina Katai Deutsche Bank Buy $424.00 $426.00 Oliver Chen TD Cowen Lowers Hold $390.00 .00 Oliver Chen TD Cowen Announces Holding $395.00 – Anna Glasgen B. Riley Securities announces a sale of $300.00 – Anthony Chukumba Loop Capital Lower $450.00 Buy $520.00 Michael Baker DA Davidson Lower $435.00 Buy $507.00 Dana Telsey Telsey Advisory Group Lower $450.00 $500.00 Kelly Crago Citigroup Lower Neutral $345.00 $375.00 Susan Anderson Canaccord Genuity Lower Buy $442.00 $500.00 Adrian E. Barclays Raise Equal Weight $335.00 $328.00 Michael Lasser UBS Buy $505.00 $550.00 Lower Simeon Siegel BMO Capital lowers Market Perform $385.00 $500.00 Colin Wolfmeyer Piper Sandler lowers neutral $356.00 $404.00 Ike Borchow Wells Fargo lowers underweight $300.00 $325.00 Mark Astrakhan Stifel lowers hold 0 $475.00 Oliver – Chen TD Cowen Rowers Buy $395.00 $500.00 Rupesh Parikh Oppenheimer $435.00 $450.00 Michael Binetti Evercore ISI Group Down $420.00 $430.00 Olivia Tong Raymond James Down Outperform $450.00 $500.00 Lorraine Hutchinson B of A Securities Down Neutral $380.00 $425.00 Christina Catai Deutsche Bank Down $4 48.00 $552.00 Susan Anderson Canaccord Genuity Rowers Buy $500.00 $522.00 Dana Telsey Telsey Advisory Group Remains Outperforming $500.00 $500.00 Michael Binetti Evercore ISI Group Below Outperforming $430.00 $500. 00 marks – Altschwager Baird continues to outperform $485.00 $525.00 Rupesh Parikh Oppenheimer continues to outperform $450.00 $450.00 Kate McShane Goldman Sachs underperforms Newt Ral $412.00 $475.00 Ike Borchow Wells Fargo Underweight $325.00 $350.00 Colin Wolfmeyer Piper Sandler Lowering Neutral $404.00 $494.00
Key insights:
Actions taken: Analysts frequently update their recommendations based on changes in market conditions and company performance. Whether they “maintain” their stance, “up” or “down”, it reflects their reaction to recent developments related to Ulta Beauty. This information provides a snapshot of how analysts perceive the current state of the company. Rating: By uncovering insights, analysts provide qualitative insights on stock performance ranging from ‘outperform’ to ‘underperform’. These ratings convey expectations for Ulta Beauty’s relative performance compared to the overall market. Price Target: Analysts study price target trends and provide an estimate of the future value of Ulta Beauty’s stock. This research reveals that analyst expectations have changed over time.
By evaluating these analyst ratings along with key financial indicators, we get a comprehensive picture of Ulta Beauty’s market position. Use the rating chart to stay informed and make the right decisions.
Get the latest information on Ulta Beauty analyst ratings.
Digging into the background of Ulta Beauty
Ulta Beauty, with 1,385 stores at the end of fiscal year 2023 and a partnership with Target, is the largest specialty beauty retailer in the United States. The company offers makeup products (41% of sales in 2023), fragrances, skin care products (19% of sales), hair care products (19% of sales), and bath and body items. Ulta offers private label products and more than 600 individual brands. Salon services such as hair, makeup, skin, and brow services are also available at all stores. Most Ulta stores are approximately 10,000 square feet and located in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Understanding the numbers: Ulta Beauty’s finances
Market Cap Highlights: The company’s market cap, which is above the industry average, represents significant size, indicating strong confidence and market visibility.
Positive Earnings Trend: Examining Ulta Beauty’s financials over three months reveals a positive story. The company achieved a remarkable earnings growth rate of 0.88% as of July 31, 2024, indicating a significant increase in sales. Compared to its peers, the company achieved above-average growth in the consumer goods sector.
Net Profit Margin: Ulta Beauty’s net profit margin exceeds industry standards and highlights the company’s outstanding financial performance. The company has an impressive net profit margin of 9.9%, effectively managing costs and achieving high profitability.
Return on Equity (ROE): Ulta Beauty’s ROE exceeds industry standards, highlighting the company’s exceptional financial performance. The company’s ROE is an excellent 10.87%, indicating that it is making effective use of its shareholders’ equity.
Return on Assets (ROA): Ulta Beauty’s ROA exceeds industry standards, highlighting the company’s outstanding financial performance. Boasting an impressive ROA of 4.44%, the company effectively utilizes its assets for optimal returns.
Debt Management: Ulta Beauty’s debt-to-equity ratio is below industry standards at 0.82, indicating a healthy financial structure.
Explaining the importance of analyst ratings
Ratings are provided by analysts or banking and financial systems experts who report on specific stocks or defined sectors (usually once a quarter for each stock). Analysts typically derive information and make decisions from company conference calls and meetings, financial statements, and conversations with key insiders.
Some analysts also provide forecasts for useful metrics such as earnings, revenue, and growth estimates to provide further guidance on what to do with a particular ticker. It is important to remember that although stock and sector analysts are experts, they are also human beings and can only predict their own beliefs to traders.
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