News articles about Ulta Beauty (NASDAQ:ULTA) have been trending positive on Sunday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ulta Beauty earned a coverage optimism score of 0.31 on Accern’s scale. Accern also assigned news headlines about the specialty retailer an impact score of 47.3912772850694 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Ulta Beauty Inc. to Post Q1 2019 Earnings of $2.31 Per Share, Jefferies Group Forecasts (ULTA) (americanbankingnews.com)
- Ulta Beauty’s (ULTA) Hold Rating Reiterated at Oppenheimer (americanbankingnews.com)
- How 3Q17 Results Affected Ulta Beauty’s Valuation (finance.yahoo.com)
- What Drove Ulta Beauty’s Fiscal 3Q17 Earnings? (finance.yahoo.com)
- What Affected Ulta Beauty’s Sales in 3Q17? (finance.yahoo.com)
ULTA has been the subject of several analyst reports. Morgan Stanley dropped their price objective on Ulta Beauty from $313.00 to $245.00 and set an “equal weight” rating for the company in a report on Monday, August 28th. Cowen set a $336.00 price objective on Ulta Beauty and gave the company a “buy” rating in a report on Friday, October 20th. Loop Capital set a $300.00 price objective on Ulta Beauty and gave the company a “buy” rating in a report on Sunday, December 3rd. Cleveland Research cut Ulta Beauty from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $189.50 to $314.00 in a report on Thursday, October 12th. Finally, Telsey Advisory Group dropped their price objective on Ulta Beauty from $360.00 to $300.00 and set an “outperform” rating for the company in a report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Ulta Beauty presently has a consensus rating of “Hold” and a consensus price target of $257.39.
Ulta Beauty (NASDAQ:ULTA) traded up $2.95 during trading on Friday, hitting $224.54. Ulta Beauty has a twelve month low of $187.96 and a twelve month high of $314.86. The stock has a market capitalization of $13,700.00, a price-to-earnings ratio of 29.24, a P/E/G ratio of 1.39 and a beta of 0.55.
In other Ulta Beauty news, Director Charles Heilbronn purchased 127,889 shares of the stock in a transaction dated Friday, October 13th. The stock was bought at an average price of $195.21 per share, with a total value of $24,965,211.69. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 5.20% of the stock is currently owned by insiders.
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About Ulta Beauty
Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.
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