At the time of writing, Ulta Beauty Inc [ULTA] stock is trading at $375.25, up 4.10%. 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 9.32% over the last week, with a monthly amount drifted -1.21%, 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 November 21, 2024, when William Blair downgraded its rating to a Mkt Perform. Previously, TD Cowen downgraded its rating to Hold on September 23, 2024. On September 10, 2024, B. Riley Securities initiated with a Sell rating and assigned a price target of $300 on the stock. Loop Capital reiterated its Buy rating and decreased its price target to $450 on September 03, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and reduced its price target to $450 on August 30, 2024. Raymond James downgraded its rating to Outperform for this stock on August 30, 2024, and downed its price target to $450. In a note dated August 23, 2024, Citigroup reiterated an Neutral rating on this stock and revised its target price from $400 to $375.
For the past year, the stock price of Ulta Beauty Inc fluctuated 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 $375.25 at the most recent close of the market. An investor can expect a potential return of 19.1% based on the average ULTA price forecast.
Analyzing the ULTA fundamentals
According to Ulta Beauty Inc [NASDAQ:ULTA], the company’s sales were 11.32B for trailing twelve months, which represents an 0.88% jump. 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 0.12.
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 367.18 points at the first support level, and at 359.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 381.53, and for the 2nd resistance point, it is at 387.80.
Ratios To Look Out For
It is important to note that Ulta Beauty Inc [NASDAQ:ULTA] has a current ratio of 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 1.63, the price to book ratio is 7.56 and price to earnings (TTM) ratio is 15.06.
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.
