Ulta Beauty ULTA has been analyzed by 13 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 7 | 2 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 3 | 7 | 1 | 1 | 0 |
Analysts have recently evaluated Ulta Beauty and provided 12-month price targets. The average target is $529.77, accompanied by a high estimate of $600.00 and a low estimate of $400.00. This current average has increased by 5.3% from the previous average price target of $503.10.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Ulta Beauty among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Anthony Chukumba | Loop Capital | Announces | Hold | $530.00 | - |
| Kristina Ruggeri | Argus Research | Raises | Buy | $545.00 | $500.00 |
| Christopher Horvers | JP Morgan | Raises | Overweight | $535.00 | $505.00 |
| Rupesh Parikh | Oppenheimer | Maintains | Outperform | $525.00 | - |
| Mark Altschwager | Baird | Raises | Outperform | $560.00 | $550.00 |
| Michael Lasser | UBS | Raises | Buy | $575.00 | $560.00 |
| Korinne Wolfmeyer | Piper Sandler | Raises | Overweight | $572.00 | $540.00 |
| Michael Baker | DA Davidson | Raises | Buy | $530.00 | $495.00 |
| Ike Boruchow | Wells Fargo | Raises | Underweight | $400.00 | $375.00 |
| Kelly Crago | Citigroup | Raises | Neutral | $485.00 | $440.00 |
| Christopher Horvers | JP Morgan | Lowers | Overweight | $505.00 | $526.00 |
| Dana Telsey | Telsey Advisory Group | Maintains | Outperform | $600.00 | - |
| Rupesh Parikh | Oppenheimer | Lowers | Outperform | $525.00 | $540.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, 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: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Ulta Beauty compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Ulta Beauty's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Ulta Beauty's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Ulta Beauty analyst ratings.
Get to Know Ulta Beauty Better
With 1,355 stores at the end of fiscal 2022 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (42% of 2022 sales), fragrances, skin care, and hair care products (21% of 2022 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Ulta Beauty: A Financial Overview
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Positive Revenue Trend: Examining Ulta Beauty's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.42% as of 31 October, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.02%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Ulta Beauty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.23% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Ulta Beauty's ROA stands out, surpassing industry averages. With an impressive ROA of 4.6%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 1.04, Ulta Beauty adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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