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Ulta Magnificence (ULTA) to Launch Quarterly Earnings on Thursday

  • BEAUTY

Ulta Magnificence (NASDAQ:ULTA – Get Ranking) shall be saying its earnings outcomes after the market closes on Thursday, December 1st. Analysts count on the corporate to announce earnings of $4.06 per share for the quarter. Individuals who want to register for the corporate’s earnings convention name can accomplish that utilizing this hyperlink.

Ulta Magnificence (NASDAQ:ULTA – Get Ranking) final posted its quarterly earnings outcomes on Thursday, August twenty fifth. The specialty retailer reported $5.70 earnings per share for the quarter, topping analysts’ consensus estimates of $4.96 by $0.74. The enterprise had income of $2.30 billion throughout the quarter, in comparison with the consensus estimate of $2.20 billion. Ulta Magnificence had a internet margin of 12.08% and a return on fairness of 64.33%. Ulta Magnificence’s income for the quarter was up 16.8% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the agency posted $4.56 earnings per share. On common, analysts count on Ulta Magnificence to put up $21 EPS for the present fiscal yr and $23 EPS for the following fiscal yr.

Ulta Magnificence Worth Efficiency

ULTA opened at $447.37 on Thursday. The corporate has a market cap of $22.92 billion, a price-to-earnings ratio of 20.95, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. The agency has a 50 day easy shifting common of $409.60 and a 200 day easy shifting common of $401.74. Ulta Magnificence has a fifty-two week low of $330.80 and a fifty-two week excessive of $451.48.

Insider Shopping for and Promoting

In associated information, Director Catherine Ann Halligan offered 276 shares of the agency’s inventory in a transaction dated Thursday, September eighth. The shares have been offered at a mean value of $445.86, for a complete transaction of $123,057.36. Following the transaction, the director now straight owns 2,168 shares of the corporate’s inventory, valued at $966,624.48. The transaction was disclosed in a authorized submitting with the SEC, which is obtainable by way of this hyperlink. In different Ulta Magnificence information, insider Anita Jane Ryan offered 594 shares of the inventory in a transaction dated Wednesday, September seventh. The shares have been offered at a mean value of $440.53, for a complete transaction of $261,674.82. Following the sale, the insider now straight owns 2,482 shares within the firm, valued at $1,093,395.46. The sale was disclosed in a submitting with the Securities & Trade Fee, which is obtainable at this hyperlink. Additionally, Director Catherine Ann Halligan offered 276 shares of the inventory in a transaction dated Thursday, September eighth. The inventory was offered at a mean value of $445.86, for a complete transaction of $123,057.36. Following the sale, the director now owns 2,168 shares within the firm, valued at $966,624.48. The disclosure for this sale might be discovered right here. 2.00% of the inventory is owned by insiders.

Institutional Buyers Weigh In On Ulta Magnificence

Numerous massive buyers have lately purchased and offered shares of the corporate. Kinneret Advisory LLC elevated its stake in shares of Ulta Magnificence by 2.2% within the 1st quarter. Kinneret Advisory LLC now owns 1,526 shares of the specialty retailer’s inventory valued at $608,000 after buying a further 33 shares within the final quarter. Echo Road Capital Administration LLC elevated its stake in shares of Ulta Magnificence by 38.9% within the 1st quarter. Echo Road Capital Administration LLC now owns 1,386 shares of the specialty retailer’s inventory valued at $552,000 after buying a further 388 shares within the final quarter. NewEdge Advisors LLC acquired a brand new stake in shares of Ulta Magnificence within the 2nd quarter valued at roughly $498,000. Ergoteles LLC elevated its stake in shares of Ulta Magnificence by 100.0% within the 1st quarter. Ergoteles LLC now owns 1,236 shares of the specialty retailer’s inventory valued at $492,000 after buying a further 618 shares within the final quarter. Lastly, Loomis Sayles & Co. LP elevated its stake in shares of Ulta Magnificence by 38.6% within the 1st quarter. Loomis Sayles & Co. LP now owns 1,117 shares of the specialty retailer’s inventory valued at $444,000 after buying a further 311 shares within the final quarter. 89.20% of the inventory is at the moment owned by institutional buyers and hedge funds.

Wall Road Analysts Forecast Development

ULTA has been the topic of a number of latest analyst experiences. Raymond James raised their goal value on shares of Ulta Magnificence from $485.00 to $505.00 and gave the corporate a “strong-buy” ranking in a analysis be aware on Friday, August twenty sixth. UBS Group raised their goal value on shares of Ulta Magnificence to $540.00 in a analysis be aware on Wednesday, November sixteenth. Piper Sandler raised their value goal on shares of Ulta Magnificence from $485.00 to $510.00 and gave the corporate an “obese” ranking in a report on Friday, August twenty sixth. Cowen raised their value goal on shares of Ulta Magnificence from $480.00 to $503.00 and gave the corporate an “outperform” ranking in a report on Friday, August twenty sixth. Lastly, Deutsche Financial institution Aktiengesellschaft raised their value goal on shares of Ulta Magnificence from $548.00 to $563.00 and gave the corporate a “purchase” ranking in a report on Wednesday, August twenty fourth. Six analysts have rated the inventory with a maintain ranking, sixteen have assigned a purchase ranking and one has issued a powerful purchase ranking to the corporate. Based mostly on knowledge from MarketBeat, the corporate at the moment has a mean ranking of “Reasonable Purchase” and a consensus goal value of $485.71.

Ulta Magnificence Firm Profile

(Get Ranking)

Ulta Magnificence, Inc engages within the retail of magnificence merchandise. The corporate has one reportable phase, which incorporates retail shops, salon companies, and e-commerce. Its merchandise embody make-up, skincare, instruments and brushes, perfume, and tub and physique. Ulta was based on January 9, 1990, and is headquartered in Bolingbrook, IL.

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Earnings History for Ulta Beauty (NASDAQ:ULTA)

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