Ulta Beauty Inc

Ulta Beauty Inc Stock Forecast & Price Prediction

Live Ulta Beauty Inc Stock (ULTA) Price
$385.26

25

Ratings

  • Buy 12
  • Hold 13
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$385.26

P/E Ratio

15.80

Volume Traded Today

$680,400

Dividend

$1

52 Week High/low

574.76/318.17

Ulta Beauty Inc Market Cap

$18.15B

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ULTA Summary

The Ulta Beauty Inc (ULTA) share price is expected to increase by 3.22% over the next year. This is based on calculating the average 12-month share price estimate provided by 25 stock analysts who have covered ULTA. Price targets range from $300 at the low end to $472 at the high end. The current analyst consensus for ULTA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ULTA Analyst Ratings

ULTA is a stock in Consumer Cyclical which has been forecasted to be worth $397.68 as an average. On the higher end, the forecast price is $472 USD by Christopher Horvers from JP Morgan and on the lower end ULTA is forecasted to be $300 by from Baird.

ULTA stock forecast by analyst

These are the latest 20 analyst ratings of ULTA.

Analyst/Firm

Rating

Price Target

Change

Date

Christopher Horvers
JP Morgan

Overweight

$472

Maintains

Oct 21, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$450

Maintains

Oct 17, 2024
Korinne Wolfmeyer
Piper Sandler

Neutral

$357

Maintains

Oct 17, 2024
Mark Astrachan
Stifel

Hold

$395

Maintains

Oct 17, 2024
Oliver Chen
TD Cowen

Hold

$380

Maintains

Oct 17, 2024
Rupesh Parikh
Oppenheimer

Outperform

$435

Maintains

Oct 16, 2024
Olivia Tong
Raymond James

Outperform

$440

Maintains

Oct 14, 2024
Krisztina Katai
Deutsche Bank

Buy

$424

Maintains

Oct 9, 2024
Oliver Chen
TD Cowen

Hold

$390

Maintains

Oct 3, 2024
Oliver Chen
TD Cowen

Hold

$395

Downgrade

Sep 23, 2024
Anna Glaessgen
B. Riley Securities

Sell

$300

Initiates

Sep 10, 2024
Anthony Chukumba
Loop Capital

Buy

$450

Maintains

Sep 3, 2024
Korinne Wolfmeyer
Piper Sandler

Neutral

$356

Reiterates

Aug 30, 2024
Rupesh Parikh
Oppenheimer

Outperform

$435

Maintains

Aug 30, 2024
Mark Astrachan
Stifel

Hold

$385

Maintains

Aug 30, 2024
Michael Baker
DA Davidson

Buy

$435

Maintains

Aug 30, 2024
Michael Lasser
UBS

Buy

$505

Maintains

Aug 30, 2024
Kelly Crago
Citigroup

Neutral

$345

Maintains

Aug 30, 2024
Simeon Siegel
BMO Capital

Market Perform

$385

Maintains

Aug 30, 2024
Olivia Tong
Raymond James

Outperform

$450

Downgrade

Aug 30, 2024

ULTA Company Information

What They Do: Specialty beauty retailer in the United States.

Business Model: The company operates a multi-channel business model, selling both branded and private label beauty products across various platforms, including physical stores, shop-in-shops, and online through its website and mobile apps. Additionally, Ulta Beauty generates revenue by offering beauty services such as hair, makeup, and skincare treatments within its stores.

Other Information: Founded in 1990 and based in Bolingbrook, Illinois, Ulta Beauty transformed from ULTA Salon, Cosmetics & Fragrance, Inc. to its current name in January 2017. This rebranding reflects its focus on a broader range of beauty products and services, aiming to cater to various customer needs in the beauty market.
ULTA
Ulta Beauty Inc (ULTA)

When did it IPO

2007

Staff Count

20,000

Country

United States

Sector/Industry

Consumer Cyclical/Specialty Retail

CEO

Mr. David C. Kimbell

Market Cap

$18.15B

Ulta Beauty Inc (ULTA) Financial Data

In 2023, ULTA generated $10.21B in revenue, which was a increase of 18.28% from the previous year. This can be seen as a signal that ULTA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$6.15B

0.00 %
From Previous Year

Revenue From 2022

$8.63B

40.30 %
From Previous Year

Revenue From 2023

$10.21B

18.28 %
From Previous Year
  • Revenue TTM $11.32B
  • Operating Margin TTM 12.9%
  • Gross profit TTM $4.38B
  • Return on assets TTM 17.9%
  • Return on equity TTM 55.0%
  • Profit Margin 10.7%
  • Book Value Per Share 49.64%
  • Market capitalisation $18.15B
  • Revenue for 2021 $6.15B
  • Revenue for 2022 $8.63B
  • Revenue for 2023 $10.21B
  • EPS this year (TTM) $24.39

Ulta Beauty Inc (ULTA) Latest News

News Image

Tue, 05 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Ulta Beauty (ULTA) closed at $382.91, down 0.26% from the prior day's trading session.

Why It Matters - Ulta Beauty's slight decline in stock price could indicate market volatility or shifting investor sentiment, impacting future trading decisions and overall market confidence.

News Image

Fri, 01 Nov 2024

Sentiment - NEGATIVE

Source - CNBC Television

Summary - Michael Baker, a senior research analyst at D.A. Davidson, discussed retail earnings, consumer spending trends, and stock insights on CNBC's 'The Exchange.'

Why It Matters - Michael Baker's insights on retail earnings and consumer spending trends can guide investment decisions in retail stocks, impacting portfolio strategies and market expectations.

News Image

Mon, 28 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Ulta Beauty (ULTA) closed at $380.08, marking a 1.82% increase from the previous trading day.

Why It Matters - Ulta Beauty's stock increase indicates positive market sentiment, potentially attracting more investment and signaling strong business performance or growth expectations.

News Image

Sat, 26 Oct 2024

Sentiment - NEUTRAL

Source - The Motley Fool

Summary - Major investors see potential in Ulta's recent stock decline, indicating possible recovery or growth opportunities for investors considering the brand.

Why It Matters - The Ulta sell-off signals potential undervaluation, attracting top investors, which could lead to increased market interest and drive up stock prices.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Rokt partners with Ulta Beauty to enhance UB Media's retail network by introducing non-endemic ads, allowing external brands to target Ulta customers ahead of the 2024 holiday season.

Why It Matters - The partnership expands Ulta Beauty's advertising capabilities, potentially increasing revenue and enhancing customer experience, which could positively influence its stock performance.

News Image

Fri, 25 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks.com users are closely monitoring Ulta (ULTA) stock, indicating potential interest and changes in market sentiment.

Why It Matters - Increased attention from Zacks.com users indicates heightened interest in Ulta, potentially influencing stock demand and price volatility, which can impact investment decisions.

...

ULTA Frequently asked questions

The highest forecasted price for ULTA is $472 from Christopher Horvers at JP Morgan.

The lowest forecasted price for ULTA is $300 from from Baird

The ULTA analyst ratings consensus are 12 buy ratings, 13 hold ratings, and 0 sell ratings.