Ulta Beauty, Inc. (NASDAQ: ULTA) is expected to post earnings of $ 4.43 per share

Wall Street analysts expect Ulta Beauty, Inc. (NASDAQ: ULTA – Get Rating) to announce earnings per share (EPS) of $ 4.43 for the current fiscal quarter, according to Zacks. Ten analysts have issued estimates for Ulta Beauty’s earnings, with estimates ranging from $ 3.88 to $ 4.79. Ulta Beauty posted earnings of $ 4.10 per share in the same quarter last year, suggesting a positive year-over-year growth rate of 8%. The company will announce its next quarterly earnings results on Monday, January 1.

According to Zacks, analysts expect Ulta Beauty to report full-year earnings of $ 18.58 per share for the current year, with EPS estimates ranging from $ 18.20 to $ 19.00. For the next fiscal year, analysts expect the company to post earnings of $ 20.56 per share, with EPS estimates ranging from $ 20.04 to $ 21.39. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts providing coverage for Ulta Beauty.

Ulta Beauty (NASDAQ: ULTA – Get Rating) last released its quarterly earnings data on Thursday, March 10. The specialty retailer posted earnings per share of $ 5.41 for the quarter, beating analyst consensus estimates of $ 4.56 by $ 0.85. The company reported revenue of $ 2.73 billion during the quarter, compared to analysts’ expectations of $ 2.69 billion. Ulta Beauty had a net margin of 11.42% and a return on equity of 54.42%. Company revenue for the quarter increased 24.1% year-on-year. In the same period last year, the company posted an EPS of $ 3.41.

Several equity analysts recently commented on the stock. Robert W. Baird reduced Ulta Beauty’s target stock price from $ 480.00 to $ 450.00 in a research report on Friday, March 11. StockNews.com took over the coverage of Ulta Beauty’s stock in a research report on Thursday, March 31. They have established a “hold” rating on the stock. BMO Capital Markets raised Ulta Beauty’s share price target from $ 365.00 to $ 385.00 and assigned the stock a “market performance” rating in a research report on Friday, March 11. Credit Suisse Group reaffirmed the “buy” rating and set a price target of $ 455.00 on Ulta Beauty shares in a research report on Friday, March 11. Finally, Barclays raised its Ulta Beauty share price target from $ 440.00 to $ 469.00 and gave the stock an “overweight” rating in a research report on Monday, March 14. Ten equity research analysts rated the stock with a hold rating and fourteen rated the stock buy. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $ 446.64.

NASDAQ: ULTA is trading $ 0.15 higher on Friday, reaching $ 415.65. The stock had a trading volume of 552,421 shares, compared to its average volume of 594,245. The company has a 50-day moving average of $ 383.35 and a 200-day moving average of $ 384.16. The stock has a market capitalization of $ 21.75 billion, a P / E ratio of 23.08, a price / earnings-growth ratio of 2.18 and a beta of 1.65. Ulta Beauty has a 12-month low of $ 299.77 and a 12-month high of $ 422.43.

In other news, insider Jodi J. Caro sold 5,340 shares of Ulta Beauty in a transaction that occurred on Wednesday, March 16. The stock sold at an average price of $ 384.54, for a total transaction of $ 2,053,443.60. The transaction was disclosed in a legal filing with the SEC, accessible via the SEC’s website. Insiders own 3.10% of the company’s shares.

A number of large investors have recently made changes to their positions in the stock. IFM Investors Pty Ltd increased its holdings in Ulta Beauty by 15.3% during the first quarter. IFM Investors Pty Ltd now owns 8,215 shares of the specialist dealer worth $ 3,271,000 after buying another 1,091 shares in the last quarter. Ritholtz Wealth Management increased its holdings in Ulta Beauty stock by 19.8% in the first quarter. Ritholtz Wealth Management now owns 604 shares of the specialty retailer worth $ 241,000 after buying another 100 shares in the last quarter. Bender Robert & Associates increased its holdings in Ulta Beauty stock by 3.2% in the first quarter. Bender Robert & Associates now owns 26,756 shares of the specialty retailer worth $ 10,655,000 after buying an additional 841 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in Ulta Beauty stock by 7.0% in the first quarter. AdvisorNet Financial Inc now owns 660 shares of the specialist dealer worth $ 263,000 after buying another 43 shares in the last quarter. Finally, Scout Investments Inc. increased its holdings in Ulta Beauty stock by 111.3% in the first quarter. Scout Investments Inc. now owns 143,318 shares of the specialty retailer worth $ 57,072,000 after purchasing an additional 75,490 shares in the last quarter. 88.92% of the stock is currently held by hedge funds and other institutional investors.

Ulta Beauty company profile (Get evaluation)

Ulta Beauty, Inc operates as a retailer of beauty products in the United States. The company’s stores offer cosmetics, fragrances, skin and hair care products, bath and body products, and salon styling tools; professional hair products; salon services, including hair, skin, make-up and eyebrows; and nail services.

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