Ulta Beauty (NASDAQ:ULTA) Issues FY 2025 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 22.650-23.200 for the period, compared to the consensus EPS estimate of 22.990. The company issued revenue guidance of $11.5 billion-$11.7 billion, compared to the consensus revenue estimate of $11.6 billion.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ULTA. Argus cut shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research note on Monday, April 14th. Oppenheimer boosted their target price on shares of Ulta Beauty from $465.00 to $510.00 and gave the company an “outperform” rating in a research note on Friday. Evercore ISI boosted their price target on shares of Ulta Beauty from $465.00 to $490.00 and gave the stock an “outperform” rating in a report on Friday. JPMorgan Chase & Co. upped their price objective on shares of Ulta Beauty from $477.00 to $525.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, B. Riley reduced their price objective on shares of Ulta Beauty from $430.00 to $330.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, Ulta Beauty has an average rating of “Hold” and an average price target of $454.04.

Ulta Beauty Stock Up 11.4%

Ulta Beauty stock opened at $469.71 on Friday. Ulta Beauty has a 52-week low of $309.01 and a 52-week high of $491.98. The firm has a market capitalization of $21.21 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 0.89 and a beta of 1.06. The company has a fifty day simple moving average of $384.70 and a 200-day simple moving average of $387.99.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, May 29th. The specialty retailer reported $6.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.73 by $0.97. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The business had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.79 billion. During the same quarter in the prior year, the firm earned $6.47 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, research analysts anticipate that Ulta Beauty will post 23.96 EPS for the current fiscal year.

Insider Activity at Ulta Beauty

In related news, insider Jodi J. Caro sold 902 shares of the company’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $369.16, for a total value of $332,982.32. Following the completion of the sale, the insider now owns 7,632 shares of the company’s stock, valued at approximately $2,817,429.12. This represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.17% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ulta Beauty

A hedge fund recently raised its stake in Ulta Beauty stock. Focus Partners Wealth lifted its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 231.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,744 shares of the specialty retailer’s stock after purchasing an additional 2,615 shares during the quarter. Focus Partners Wealth’s holdings in Ulta Beauty were worth $1,372,000 at the end of the most recent reporting period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Company Profile

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.