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Ulta Magnificence (NASDAQ:ULTA – Get Rating) up to date its FY 2022 earnings steering on Saturday. The corporate supplied earnings per share (EPS) steering of $22.60-$22.90 for the interval, in comparison with the consensus estimate of $21.40. The corporate issued income steering of $9.95 billion-$10.00 billion, in comparison with the consensus income estimate of $9.77 billion.
Analyst Rankings Adjustments
Various analysis corporations just lately issued reviews on ULTA. Citigroup boosted their goal value on shares of Ulta Magnificence from $480.00 to $500.00 in a report on Friday, December 2nd. Robert W. Baird boosted their value goal on shares of Ulta Magnificence from $500.00 to $550.00 in a analysis word on Friday, December 2nd. Credit score Suisse Group boosted their value goal on shares of Ulta Magnificence to $535.00 in a analysis word on Friday, December 2nd. StockNews.com upgraded shares of Ulta Magnificence from a maintain score to a purchase score in a analysis word on Tuesday, December twentieth. Lastly, Oppenheimer boosted their value goal on shares of Ulta Magnificence from $505.00 to $535.00 and gave the inventory an outperform score in a analysis word on Friday, December 2nd. Six funding analysts have rated the inventory with a maintain score, fourteen have given a purchase score and one has issued a powerful purchase score to the inventory. Based mostly on information from MarketBeat.com, the corporate presently has a mean score of Reasonable Purchase and a consensus goal value of $513.45.
Ulta Magnificence Worth Efficiency
ULTA opened at $469.07 on Friday. The inventory has a market capitalization of $23.87 billion, a PE ratio of 20.62, a P/E/G ratio of 1.48 and a beta of 1.32. The agency’s fifty day shifting common value is $443.01 and its 200 day shifting common value is $415.28. Ulta Magnificence has a 12-month low of $330.80 and a 12-month excessive of $483.80.
Ulta Magnificence (NASDAQ:ULTA – Get Rating) final posted its quarterly earnings outcomes on Thursday, December 1st. The specialty retailer reported $5.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.09 by $1.25. The agency had income of $2.34 billion for the quarter, in comparison with analysts’ expectations of $2.21 billion. Ulta Magnificence had a web margin of 12.26% and a return on fairness of 68.33%. The agency’s quarterly income was up 17.2% on a year-over-year foundation. Throughout the identical interval within the prior yr, the corporate posted $3.94 earnings per share. On common, equities analysis analysts forecast that Ulta Magnificence will submit 22.87 earnings per share for the present fiscal yr.
Institutional Buying and selling of Ulta Magnificence
Various institutional traders and hedge funds have just lately modified their holdings of ULTA. Invesco Ltd. raised its holdings in shares of Ulta Magnificence by 33.6% in the course of the first quarter. Invesco Ltd. now owns 473,586 shares of the specialty retailer’s inventory value $188,593,000 after buying an extra 119,048 shares in the course of the interval. Alliancebernstein L.P. raised its holdings in shares of Ulta Magnificence by 28.1% in the course of the third quarter. Alliancebernstein L.P. now owns 192,559 shares of the specialty retailer’s inventory value $77,253,000 after buying an extra 42,256 shares in the course of the interval. Vanguard Group Inc. raised its holdings in shares of Ulta Magnificence by 0.7% in the course of the first quarter. Vanguard Group Inc. now owns 5,886,434 shares of the specialty retailer’s inventory value $2,344,096,000 after buying an extra 40,190 shares in the course of the interval. Alyeska Funding Group L.P. acquired a brand new stake in shares of Ulta Magnificence in the course of the first quarter value $10,155,000. Lastly, Kiwi Wealth Investments Restricted Partnership acquired a brand new stake in shares of Ulta Magnificence in the course of the first quarter value $5,223,000. 90.47% of the inventory is owned by institutional traders and hedge funds.
About Ulta Magnificence
Ulta Magnificence, Inc operates as a retailer of magnificence merchandise in the USA. The corporate’s shops provide cosmetics, fragrances, skincare and haircare merchandise, bathtub and physique merchandise, and salon styling instruments; skilled hair merchandise; salon providers, together with hair, pores and skin, make-up, and forehead providers; and nail providers.
Featured Tales
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