Key Points
- Director George Mrkonic, Jr. sold 383 Ulta Beauty shares on June 15 at an average price of $475.84, a transaction worth about $182,247. After the sale, he still held 2,404 shares.
- Ulta Beauty reported better-than-expected quarterly results, with EPS of $7.74 versus estimates of $6.89 and revenue of $3.16 billion versus $3.12 billion expected. Quarterly revenue rose 11.1% year over year.
- Analysts remain broadly positive despite some target cuts, with a consensus rating of “Moderate Buy” and an average price target of $644.91. The stock was trading lower, and its recent price was below both the 50-day and 200-day moving averages.
Ulta Beauty Inc. (NASDAQ:ULTA - Get Free Report) Director George Mrkonic, Jr. sold 383 shares of the company's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the transaction, the director owned 2,404 shares of the company's stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Ulta Beauty Trading Down 1.7%
Ulta Beauty stock opened at $463.68 on Wednesday. The firm has a market capitalization of $19.93 billion, a P/E ratio of 17.39, a PEG ratio of 1.47 and a beta of 0.86. The stock has a fifty day moving average price of $513.47 and a 200 day moving average price of $582.33. Ulta Beauty Inc. has a 52 week low of $452.05 and a 52 week high of $714.97.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last released its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating the consensus estimate of $6.89 by $0.85. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, equities analysts predict that Ulta Beauty Inc. will post 28.76 EPS for the current year.
Analyst Ratings Changes
Several brokerages have recently weighed in on ULTA. Evercore set a $635.00 target price on Ulta Beauty in a research report on Wednesday, June 3rd. Telsey Advisory Group upped their target price on Ulta Beauty from $640.00 to $715.00 and gave the stock an "outperform" rating in a research report on Monday, March 9th. Robert W. Baird decreased their target price on Ulta Beauty from $730.00 to $700.00 and set an "outperform" rating for the company in a research report on Wednesday, June 3rd. B. Riley Financial decreased their target price on Ulta Beauty from $600.00 to $500.00 and set a "neutral" rating for the company in a research report on Wednesday, June 3rd. Finally, Citigroup decreased their target price on Ulta Beauty from $600.00 to $560.00 and set a "neutral" rating for the company in a research report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Ulta Beauty presently has a consensus rating of "Moderate Buy" and a consensus price target of $644.91.
Get Our Latest Report on Ulta Beauty
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of ULTA. Fideuram Asset Management Ireland dac purchased a new position in Ulta Beauty in the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC boosted its holdings in Ulta Beauty by 860.0% in the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 43 shares during the last quarter. Strengthening Families & Communities LLC boosted its holdings in Ulta Beauty by 4,200.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 42 shares during the last quarter. Ascentis Independent Advisors purchased a new position in Ulta Beauty in the first quarter valued at about $29,000. Finally, Nalls Sherbakoff Group LLC purchased a new position in Ulta Beauty in the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 90.39% of the company's stock.
About Ulta Beauty
(
Get Free Report)
Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.
The retailer's product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.
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