Ulta Beauty Inc (NASDAQ:ULTA) is up 14.5% to trade at $366.88 at last check, amid news that Warren Buffett's Berkshire Hathaway (BRK) took a $266 million stake in the cosmetics retailer. Shares are bouncing off an Aug. 13, three-year low of $318.72, as they pace for their first close above the 20- day moving average in nearly a month. The equity still carries a 24.8% year-to-date deficit, though. Options are flying off the shelves, with 9,733 calls and 5,447 puts traded so far, which is 14 times the intrada ...

Ulta Beauty stock is down 30% this year. Why did Warren Buffett buy it? In this video, I will talk about Warren Buffett's new stock, Ulta Beauty (ULTA -0.76%), which he added to Berkshire Hathaway's portfolio. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Aug. 14, 2024. The video was published on Aug. 15, 2024. ...

Key Takeaways Ulta Beauty shares jumped 14% in extended trading on Wednesday after a regulatory filing revealed that Warren Buffett's Berkshire Hathaway had purchased 690,106 shares in the cosmetics retailer during the second quarter. Since setting a record high in mid-March, Ulta Beauty shares have traded within a falling wedge, a chart formation that, while sloping downwards, indicates a bullish trend reversal. Amid the stock's Berkshire-inspired jump, investors should watch key chart levels at $373, $406 ...

Ulta Beauty (ULTA) closed the latest trading day at $326.42, indicating a -0.26% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.04%. Meanwhile, the Dow experienced a rise of 0.76%, and the technology-dominated Nasdaq saw an increase of 1.03%. Shares of the beauty products retailer witnessed a loss of 17.32% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 8.36% and the S&P 500's loss of 6.74%. Analysts a ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Ulta Beauty (ULTA) . Ulta currently has an average brokerage rec ...

ULTA -0.54 (-0.15%) $574.76 Add to Watchlist Get Ulta Beauty alerts: First, most think that Ulta stock is part of the consumer discretionary sector, but that is just not accurate. Skincare and beauty products are more part of the consumer staples sector, as it doesn't matter whether the economy is booming or busting; people will likely always make room in their budgets for these products. Ulta Beauty, Inc. (ULTA) Price Chart for Thursday, July, 25, 2024 How Wall Street Views Ulta Stock Today Ulta Beauty Mar ...

Over the past month, shares of this beauty products retailer have returned -4.7%, compared to the Zacks S&P 500 composite's -0.3% change. During this period, the Zacks Retail - Miscellaneous industry, which Ulta falls in, has lost 9.6%. The key question now is: What could be the stock's future direction? Earnings Estimate Revisions Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earning ...

The upcoming earnings release of Ulta Beauty will be of great interest to investors. The company's upcoming EPS is projected at $5.51, signifying an 8.47% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.62 billion, up 3.53% from the prior-year quarter. Coming into today, shares of the beauty products retailer had gained 4.67% in the past month. In that same time, the Retail-Wholesale sector gained 1.58%, while the S&P 500 gained 2 ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Ulta Beauty (ULTA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Ulta currently has an average brokerage recommendation (AB ...

Shares of Ulta Beauty deserve a closer look following the deep sell-off. Mixed trends to start 2024 Management noted the particularly strong comparison period at the start of 2023 and believes the current environment simply reflects a period of normalization following the post-pandemic boom. Nevertheless, the weaker-than-expected start to the year prompted an adjusted full-year guidance, which helps explain the stock price volatility in recent months. From a high-level perspective, the company's shifting op ...