A share price of Ulta Beauty Inc [ULTA] is currently trading at $423.57, down -0.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ULTA shares have gain 2.83% over the last week, with a monthly amount glided 15.99%, 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 December 06, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $500 from $450. Previously, William Blair downgraded its rating to Mkt Perform on November 21, 2024. On September 23, 2024, downgrade downgraded it’s rating to Hold. B. Riley Securities started tracking the stock assigning a Sell rating and suggested a price target of $300 on September 10, 2024. Loop Capital reiterated its recommendation of a Buy and reduced its price target to $450 on September 03, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on August 30, 2024, and downed its price target to $450. In a note dated August 30, 2024, Raymond James downgraded an Outperform rating on this stock and revised its target price from $500 to $450.
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 $427.5 within the next 12 months. Ulta Beauty Inc [NASDAQ: ULTA] shares were valued at $423.57 at the most recent close of the market. An investor can expect a potential return of 0.93% based on the average ULTA price forecast.
Analyzing the ULTA fundamentals
Trailing Twelve Months sales for Ulta Beauty Inc [NASDAQ:ULTA] were 11.36B which represents 1.65% 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 0.2, Equity is 0.52 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 0.92.
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 417.74 points at the first support level, and at 411.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 431.00, and for the 2nd resistance point, it is at 438.42.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ulta Beauty Inc [NASDAQ:ULTA] is 1.63. As well, the Quick Ratio is 0.32, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 8.47 and price to earnings (TTM) ratio is 16.95.
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.
