Ulta Beauty Inc [ULTA] stock prices are up 0.04% to $367.18 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ULTA shares have lost -1.22% over the last week, with a monthly amount drifted -8.72%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
The stock price of Ulta Beauty Inc [ULTA] has been fluctuating between $318.17 and $574.76 over the past year. 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 $367.18 at the most recent close of the market. An investor can expect a potential return of 21.72% based on the average ULTA price forecast.
Analyzing the ULTA fundamentals
The Ulta Beauty Inc [NASDAQ:ULTA] reported sales of 11.32B for trailing twelve months, representing a surge 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 364.58 points at the first support level, and at 361.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 369.60, and for the 2nd resistance point, it is at 372.02.
Ratios To Look Out For
It’s worth pointing out that Ulta Beauty Inc [NASDAQ:ULTA]’s Current Ratio is 1.76. On the other hand, the Quick Ratio is 0.50, and the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 7.40 and price to earnings (TTM) ratio is 14.73.
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.
