Ulta Beauty Inc [ULTA] stock is trading at $397.00, up 1.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ULTA shares have gain 6.29% over the last week, with a monthly amount glided 5.24%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ulta Beauty Inc [NASDAQ: ULTA] stock has seen the most recent analyst activity on September 10, 2024, when B. Riley Securities initiated its Sell rating and assigned the stock a price target of $300. Previously, Loop Capital reaffirmed its Buy rating on September 03, 2024, and dropped its price target to $450. On August 30, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $450 on the stock. Raymond James downgraded its rating to a Outperform and decreased its price target to $450 on August 30, 2024. Citigroup reiterated its recommendation of a Neutral and reduced its price target to $375 on August 23, 2024. Cleveland Research downgraded its rating to Neutral for this stock on August 19, 2024. In a note dated July 24, 2024, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $494 to $404.
Ulta Beauty Inc [ULTA] stock has fluctuated between $318.17 and $574.76 over the past year. Currently, Wall Street analysts expect the stock to reach $470.92 within the next 12 months. Ulta Beauty Inc [NASDAQ: ULTA] shares were valued at $397.00 at the most recent close of the market. An investor can expect a potential return of 18.62% based on the average ULTA price forecast.
Analyzing the ULTA fundamentals
Ulta Beauty Inc [NASDAQ:ULTA] reported sales of 11.32B for the trailing twelve months, which represents a growth of 0.88%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.54 and Total Capital is 0.38. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 391.38 points at the first support level, and at 385.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 401.25, and for the 2nd resistance point, it is at 405.49.
Ratios To Look Out For
For context, Ulta Beauty Inc’s Current Ratio is 1.76. In addition, the Quick Ratio stands at 0.50 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.65, the price to book ratio is 8.00 and price to earnings (TTM) ratio is 15.93.
Transactions by insiders
Recent insider trading involved Halligan Catherine Ann, Director, that happened on Jul 02 ’24 when 100.0 shares were sold. GC, Chief Risk & Compl. Ofc., Caro Jodi J completed a deal on Jun 25 ’24 to sell 650.0 shares. Meanwhile, Director MRKONIC GEORGE R JR sold 397.0 shares on Jun 04 ’24.
