Ulta Beauty, Inc. (ULTA) , a prominent player in the beauty space is trading at a discount compared to the Zacks Retail - Miscellaneous industry. With a forward 12-month Price/Earnings (P/E) ratio of 15.3X, ULTA is trading below the industry average of 16.8X and the broader Retail and Wholesale sector's 24X. It also trades lower than the S&P 500's multiple of 22.1X. However, investors should carefully evaluate whether this discounted valuation signifies a genuine buying opportunity or if it could be a poten ...

Ulta Beauty plans to open 200 new stores as part of a long-term strategy announced this week. At its investors' day Wednesday (Oct. 16), the beauty retailer said it hopes to open the new locations over the next three years, bringing its store count to more than 1,800, according to a press release. Ulta also wants to expand its loyalty program to 50 million members by 2028 by "reaching new segments of beauty enthusiasts," per the release. "The strategic priorities announced today are designed to amplify our ...

Staying committed to strengthening its position in the beauty industry, Ulta Beauty, Inc. (ULTA) has announced an ambitious strategic plan and new long-term financial targets. With more than 30 years of innovation and leadership in the sector, the company is preparing to capitalize on its proven business model and financial strength to push its next phase of expansion. The newly announced strategic priorities are aimed at enhancing Ulta Beauty's distinctive model and driving innovation to meet the changing ...

Ulta Beauty announced on Wednesday that it plans to open 200 new stores over a three-year period as part of the company's strategic growth plan. The beauty retailer said Wednesday that it will step up the pace of its openings, targeting a 1,800-plus store footprint "over the long-term." Ulta currently has more than 1,400 retail stores nationwide. It also has several hundred Ulta Beauty at Target locations. The company unveiled its expansion plans in the morning, before the start of its investor day on Wedne ...

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Ulta Beauty shares slumped on Wednesday morning, as the company said it sees "headwinds" and tougher competition in the beauty industry. As it hosted its investor day near its Chicago headquarters on Wednesday, the specialty retailer stuck by its forecast for this fiscal year. Ulta said it anticipates net sales will range from $11 billion to $11.2 billion and comparable sales will range from a decline of 2% to roughly flat. It said earnings per ...

Ulta Beauty, Inc. (ULTA) experienced significant volatility, with shares dropping 23.7% year to date compared with the industry's decline of 2.8%. The Retail and Wholesale sector and the S&P 500 registered increases of 19.5% and 20%, respectively, highlighting ULTA's underperformance during this period. The company has long been a powerhouse in the beauty retail industry, offering a wide array of products. However, it faces significant challenges stemming from changing consumer preferences and heightened co ...

Ulta Beauty (ULTA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this beauty products retailer have returned +9.7% over the past month versus the Zacks S&P 500 composite's +1.7% change. The Zacks Retail - Miscellaneous industry, to which Ulta belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near ...

SEOUL, SOUTH KOREA - August 07: Singer and actress IU attends ESTEE LAUDER pop-up store opening ... [+] event at Lotte Avenel Jamsil in Songpa-gu on August 07, 2024 in Seoul, South Korea. (Photo by iMBC/Imazins via Getty Images) ImaZins via Getty Images Estée Lauder stock (NYSE: EL) has had a tough year so far, with its stock falling 40%, while its peer Ulta Beauty stock (NASDAQ: ULTA) has seen a 16% decline. Estée Lauder has been struggling with falling sales and profits lately, but that appears to be pric ...

Ulta Beauty, Inc. (ULTA) , a leading retailer in the beauty and cosmetic industry, has seen its stock price fall below critical technical thresholds, including its 200-day moving average. This moving average is an important indicator for gauging market trends and momentum. Yesterday the stock closed at $393.84, below the moving average of $436.89. The breach of this threshold heightens investors' concerns about the stock's short-term outlook and signals the potential for further downside if these levels are ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ULTA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclai ...