Ulta Beauty(ULTA)
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Ulta (ULTA) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-08-02 14:32
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 ...
Beauty Retailer Stock Brings Early Christmas for Value Investors
MarketBeat· 2024-07-25 14:10
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 ...
Ulta Beauty Inc. (ULTA) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-07-25 14:06
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 ...
Ulta Beauty (ULTA) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-07-18 22:55
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 ...
Wall Street Analysts See Ulta (ULTA) as a Buy: Should You Invest?
ZACKS· 2024-07-17 14:31
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 ...
Down 30% From Its 52-Week High, Is Now the Time to Buy Ulta Beauty Stock?
The Motley Fool· 2024-07-13 22:34
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 ...
This Market-Beating Stock Is a Beautiful Buy Right Now
The Motley Fool· 2024-06-29 19:00
Consumers were flush with cash coming out of the pandemic, which boosted Ulta's business. However, those tailwinds have faded. Sales growth has steadily slowed since peaking in 2021, while gross profit margins peaked in late 2022: The selling has gone far enough This could be the best opportunity to buy this stock in years. Although the stock had reasons for slipping, the stock market often gets overzealous. There's a solid argument that Ulta Beauty's selling has gone too far, and shares are poised to rebou ...
Ulta Beauty's (ULTA) Omnichannel Strength Aids Amid Challenges
ZACKS· 2024-06-28 16:10
Ulta Beauty, Inc. (ULTA) has revolutionized the beauty space by integrating mass, prestige and luxury brands within an accessible and engaging shopping environment. This unique and differentiated strategy, combined with a commitment to inclusive and welcoming guest experiences, has allowed the company to set new standards in consumer expectations while driving significant profitable growth. However, the company navigated a dynamic and challenging environment in the first quarter of fiscal 2024 and expects t ...
Investors Heavily Search Ulta Beauty Inc. (ULTA): Here is What You Need to Know
ZACKS· 2024-06-20 14:06
Ulta reported revenues of $2.73 billion in the last reported quarter, representing a year-over-year change of +3.5%. EPS of $6.47 for the same period compares with $6.88 a year ago. 12 Month EPS Ulta is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Over the past month, shares of this beauty products retailer have returned +1.1%, compared to the Zacks S&P 500 composite's +3.6% change ...
1 Growth Stock Down 32% to Buy Right Now
The Motley Fool· 2024-06-20 08:10
Investors are overreacting to news that isn't nearly as bad as it's suggested to be. The sellers, however, have arguably overshot their target. At the same time, the narrative surrounding the company has also turned unnecessarily pessimistic. Analysts' current consensus price target of $487.90 is 28% above the stock's present price, suggesting its pullback is ultimately a buying opportunity. Investors just have to look further down the road to see the bigger picture. While there are still challenges for Ult ...