Ulta Beauty Stock: A Deep Dive Into Analyst Perspectives (20 Ratings)


In the last three months, 20 analysts have published ratings on Ulta Beauty ULTA, offering a diverse range of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 9 5 1 0
Last 30D 0 1 0 0 0
1M Ago 5 7 4 1 0
2M Ago 0 1 1 0 0
3M Ago 0 0 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $587.6, with a high estimate of $690.00 and a low estimate of $450.00. This upward trend is evident, with the current average reflecting a 5.26% increase from the previous average price target of $558.24.

Exploring Analyst Ratings: An In-Depth Overview

The analysis of recent analyst actions sheds light on the perception of Ulta Beauty by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Rupesh Parikh Oppenheimer Lowers Outperform $500.00 $600.00
Olivia Tong Raymond James Lowers Strong Buy $610.00 $630.00
Olivia Tong Raymond James Raises Strong Buy $630.00 $575.00
Simeon Gutman Morgan Stanley Raises Equal-Weight $525.00 $480.00
Anthony Chukumba Loop Capital Raises Hold $540.00 $530.00
Stephanie Wissink Jefferies Raises Buy $610.00 $587.00
Simeon Siegel BMO Capital Raises Market Perform $540.00 $485.00
Korinne Wolfmeyer Piper Sandler Raises Overweight $665.00 $635.00
Mark Astrachan Stifel Raises Hold $565.00 $505.00
Michael Binetti Evercore ISI Group Lowers Outperform $630.00 $635.00
Ike Boruchow Wells Fargo Raises Underweight $450.00 $400.00
Mark Altschwager Baird Raises Outperform $625.00 $575.00
Adrienne Yih Barclays Raises Overweight $612.00 $583.00
Michael Baker DA Davidson Maintains Buy $595.00 $595.00
Dana Telsey Telsey Advisory Group Maintains Outperform $600.00 -
Michael Binetti Evercore ISI Group Raises Outperform $635.00 $565.00
Dana Telsey Telsey Advisory Group Maintains Outperform $600.00 -
Michael Lasser UBS Raises Buy $690.00 $575.00
Christopher Horvers JP Morgan Raises Overweight $600.00 $535.00
Anthony Chukumba Loop Capital Announces Hold $530.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ulta Beauty. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Ulta Beauty compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Ulta Beauty's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Ulta Beauty's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Ulta Beauty analyst ratings.

Discovering Ulta Beauty: A Closer Look

With 1,385 stores at the end of fiscal 2023 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (41% of 2023 sales), fragrances, skin care (19% of sales), and hair care products (19% of 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.

Financial Insights: Ulta Beauty

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Positive Revenue Trend: Examining Ulta Beauty's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.15% as of 31 January, 2024, 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 11.1%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 18.31%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Ulta Beauty's ROA excels beyond industry benchmarks, reaching 6.98%. This signifies efficient management of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.84.

Analyst Ratings: Simplified

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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