Deep Dive Into Ulta Beauty Stock: Analyst Perspectives (28 Ratings)

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Ulta Beauty ULTA has been analyzed by 28 analysts in the last three months, revealing 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 7 11 8 2 0
Last 30D 0 0 2 0 0
1M Ago 1 1 2 1 0
2M Ago 5 7 4 1 0
3M Ago 1 3 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Ulta Beauty, presenting an average target of $556.07, a high estimate of $690.00, and a low estimate of $350.00. A 1.39% drop is evident in the current average compared to the previous average price target of $563.92.

Interpreting Analyst Ratings: A Closer Look

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
Kate McShane Goldman Sachs Lowers Neutral $476.00 $605.00
Mark Astrachan Stifel Lowers Hold $475.00 $565.00
Rupesh Parikh Oppenheimer Lowers Outperform $475.00 $500.00
Adrienne Yih Barclays Lowers Equal-Weight $434.00 $612.00
Ike Boruchow Wells Fargo Lowers Underweight $350.00 $450.00
Ashley Helgans Jefferies Lowers Hold $438.00 $585.00
Oliver Chen TD Cowen Lowers Buy $520.00 $580.00
Ashley Helgans Jefferies Lowers Buy $585.00 $610.00
Korinne Wolfmeyer Piper Sandler Lowers Overweight $595.00 $665.00
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

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: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Ulta Beauty compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Ulta Beauty's stock. This examination reveals shifts in analysts' expectations over time.

For valuable insights into Ulta Beauty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Ulta Beauty analyst ratings.

Unveiling the Story Behind Ulta Beauty

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.

Unraveling the Financial Story of Ulta Beauty

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: Over the 3 months period, Ulta Beauty showcased positive performance, achieving a revenue growth rate of 10.15% as of 31 January, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Ulta Beauty's net margin excels beyond industry benchmarks, reaching 11.1%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Ulta Beauty's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 18.31%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Ulta Beauty's ROA stands out, surpassing industry averages. With an impressive ROA of 6.98%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Ulta Beauty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.84.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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

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