A share price of Ulta Beauty Inc [ULTA] is currently trading at $371.72, down -0.40%. 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 3.55% over the last week, with a monthly amount drifted -7.70%, and not 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 23, 2024, when TD Cowen downgraded its rating to a Hold. Previously, B. Riley Securities started tracking the stock with Sell rating on September 10, 2024, and set its price target to $300. On September 03, 2024, Loop Capital reiterated its Buy rating and revised its price target to $450 on the stock. Telsey Advisory Group reiterated its Outperform rating and decreased its price target to $450 on August 30, 2024. Raymond James downgraded its rating to a Outperform and reduced its price target to $450 on August 30, 2024. Citigroup reiterated a Neutral rating for this stock on August 23, 2024, and downed its price target to $375. In a note dated August 19, 2024, Cleveland Research downgraded an Neutral rating on this stock.
Ulta Beauty Inc experienced fluctuations in its stock price throughout the past year between $318.17 and $574.76. Currently, Wall Street analysts expect the stock to reach $446.92 within the next 12 months. Ulta Beauty Inc [NASDAQ: ULTA] shares were valued at $371.72 at the most recent close of the market. An investor can expect a potential return of 20.23% based on the average ULTA price forecast.
Analyzing the ULTA fundamentals
Trailing Twelve Months sales for Ulta Beauty Inc [NASDAQ:ULTA] were 11.32B which represents 0.88% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.82.
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 365.35 points at the first support level, and at 358.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 376.81, and for the 2nd resistance point, it is at 381.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ulta Beauty Inc [NASDAQ:ULTA] 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 1.55, the price to book ratio is 7.49 and price to earnings (TTM) ratio is 14.92.
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.
