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

Ulta Beauty (NASDAQ:ULTAGet Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 22.650-23.200 for the period, compared to the consensus estimate of 23.487. The company issued revenue guidance of -.

Analysts Set New Price Targets

ULTA has been the subject of a number of research reports. Barclays upped their target price on shares of Ulta Beauty from $327.00 to $485.00 and gave the company an “equal weight” rating in a report on Monday, June 2nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $520.00 price target on shares of Ulta Beauty in a research note on Friday, July 11th. Morgan Stanley boosted their target price on shares of Ulta Beauty from $460.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, May 30th. Piper Sandler restated a “neutral” rating and set a $437.00 price target (up previously from $386.00) on shares of Ulta Beauty in a report on Friday, May 30th. Finally, Oppenheimer upped their price objective on shares of Ulta Beauty from $465.00 to $510.00 and gave the stock an “outperform” rating in a report on Friday, May 30th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, Ulta Beauty has an average rating of “Moderate Buy” and a consensus price target of $465.04.

View Our Latest Analysis on Ulta Beauty

Ulta Beauty Stock Up 1.0%

Shares of Ulta Beauty stock opened at $490.07 on Friday. The company’s fifty day simple moving average is $453.14 and its two-hundred day simple moving average is $404.89. Ulta Beauty has a 12-month low of $309.01 and a 12-month high of $498.52. The firm has a market cap of $22.03 billion, a PE ratio of 19.14, a price-to-earnings-growth ratio of 2.94 and a beta of 1.08.

Ulta Beauty (NASDAQ:ULTAGet Free Report) last issued its earnings results on Thursday, May 29th. The specialty retailer reported $6.70 earnings per share for the quarter, topping analysts’ consensus estimates of $5.73 by $0.97. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.79 billion. Ulta Beauty had a net margin of 10.45% and a return on equity of 49.73%. Ulta Beauty’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.47 earnings per share. As a group, sell-side analysts expect that Ulta Beauty will post 23.96 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ulta Beauty

An institutional investor recently raised its position in Ulta Beauty stock. Focus Partners Wealth lifted its position in shares of Ulta Beauty Inc. (NASDAQ:ULTAFree Report) by 231.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,744 shares of the specialty retailer’s stock after buying 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 quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

About Ulta Beauty

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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.

Further Reading

Earnings History and Estimates for Ulta Beauty (NASDAQ:ULTA)

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