Profile
Sector:
Consumer CyclicalIndustry:
Specialty RetailCountry:
United StatesIPO:
25 October 2007Website:
http://www.ulta.comNext earnings report:
29 November 2024Last dividends:
16 March 2012Next dividends:
N/APrice
after hours | Sat, 23 Nov 2024 00:57:27 GMTDividend
Analysts recommendations
Institutional Ownership
ULTA Latest News
Warren Buffett has recently reduced his investment in Ulta Beauty stock. Should you consider selling your shares?
Ulta Beauty's stock has fallen 22% this year, but it still looks appealing due to its reasonable valuation and strong growth opportunities from new store openings, loyalty programs, share buybacks, and overall industry growth. I have changed my recommendation from "Strong Buy" to "Buy" because the share price has increased since my last update and earnings per share estimates have decreased. The company aims to open 200 new stores, enter the Mexican market, and boost loyalty membership, which could lead to future growth and a potential recovery in share price to over $500.
I have changed my rating for Ulta Beauty stock to Buy because of their exciting plans for store expansion and the fact that the market is undervaluing them. Their aggressive strategy, which includes opening stores in Mexico, should lead to better growth than what management is currently predicting. Even though the market is feeling negative right now, I think Ulta can achieve revenue growth of 4-6%, meaning their shares are about 14-15% undervalued.
Ulta Beauty (ULTA) closed at $380.54 on the most recent trading day, showing a decrease of 1.23% from its previous closing price.
In the most recent trading session, Ulta Beauty (ULTA) finished at $382.91, which is a decrease of 0.26% compared to the day before.
Michael Baker, a senior research analyst at D.A. Davidson, appears on CNBC's 'The Exchange' to talk about retail earnings and stocks, as well as the trends he observes in consumer spending and other related topics.
Ulta Beauty (ULTA) closed at $380.08 on the most recent trading day, showing an increase of 1.82% from its previous closing price.
Both leading investors saw a chance in the drop of Ulta's stock.
Lately, users of Zacks.com have been focusing on Ulta (ULTA). This interest prompts a closer look at what the stock might offer.
In the most recent trading session, Ulta Beauty (ULTA) finished at $369.20, which is an increase of 0.08% compared to the previous day.
What type of business is Ulta Beauty?
Ulta Beauty, Inc. operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, salon styling tools; professional hair products; salon services for hair, skin, makeup, and brows; and others, including nail products and accessories. The company also provides private label products. Ulta Beauty, Inc. also distributes its products through its website, ulta.com. The company was previously known as Ulta Salon, Cosmetics & Fragrance, Inc. and changed its name to Ulta Beauty, Inc. in January 2017. Ulta Beauty, Inc. was founded in 1990 and is based in Bolingbrook, Illinois.
What sector is Ulta Beauty in?
Ulta Beauty is in the Consumer Cyclical sector
What industry is Ulta Beauty in?
Ulta Beauty is in the Specialty Retail industry
What country is Ulta Beauty from?
Ulta Beauty is headquartered in United States
When did Ulta Beauty go public?
Ulta Beauty initial public offering (IPO) was on 25 October 2007
What is Ulta Beauty website?
https://www.ulta.com
Is Ulta Beauty in the S&P 500?
Yes, Ulta Beauty is included in the S&P 500 index
Is Ulta Beauty in the NASDAQ 100?
No, Ulta Beauty is not included in the NASDAQ 100 index
Is Ulta Beauty in the Dow Jones?
No, Ulta Beauty is not included in the Dow Jones index
When was Ulta Beauty the previous earnings report?
No data
When does Ulta Beauty earnings report?
The next expected earnings date for Ulta Beauty is 29 November 2024