What Analysts Are Saying About Ulta Beauty Stock

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Ratings for Ulta Beauty ULTA were provided by 37 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 10 18 2 1
Last 30D 0 0 1 0 0
1M Ago 1 2 7 1 0
2M Ago 5 4 7 1 1
3M Ago 0 4 3 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $442.68, a high estimate of $538.00, and a low estimate of $330.00. Surpassing the previous average price target of $415.05, the current average has increased by 6.66%.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Ulta Beauty among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Adrienne Yih Barclays Raises Equal-Weight $445.00 $410.00
Oliver Chen TD Cowen Raises Hold $480.00 $450.00
Susan Anderson Canaccord Genuity Raises Buy $538.00 $500.00
Kelly Crago Citigroup Raises Neutral $457.00 $450.00
Lorraine Hutchinson B of A Securities Raises Neutral $475.00 $460.00
Anna Glaessgen B. Riley Securities Raises Neutral $430.00 $330.00
Mark Astrachan Stifel Raises Hold $475.00 $455.00
Ike Boruchow Wells Fargo Raises Underweight $370.00 $350.00
Korinne Wolfmeyer Piper Sandler Raises Neutral $425.00 $394.00
Rupesh Parikh Oppenheimer Raises Outperform $515.00 $505.00
Dana Telsey Telsey Advisory Group Maintains Outperform $500.00 $500.00
Korinne Wolfmeyer Piper Sandler Raises Neutral $394.00 $390.00
Anthony Chukumba Loop Capital Raises Buy $480.00 $450.00
Michael Lasser UBS Raises Buy $490.00 $470.00
Kelly Crago Citigroup Raises Neutral $450.00 $390.00
Adrienne Yih Barclays Raises Equal-Weight $410.00 $335.00
Michael Baker DA Davidson Raises Buy $510.00 $435.00
Anna Glaessgen B. Riley Securities Raises Sell $330.00 $300.00
Simeon Siegel BMO Capital Raises Market Perform $420.00 $385.00
Rupesh Parikh Oppenheimer Raises Outperform $505.00 $435.00
Christopher Horvers JP Morgan Raises Overweight $480.00 $472.00
Mark Astrachan Stifel Raises Hold $455.00 $395.00
Ike Boruchow Wells Fargo Raises Underweight $350.00 $300.00
Korinne Wolfmeyer Piper Sandler Raises Neutral $390.00 $360.00
Susan Anderson Canaccord Genuity Raises Buy $500.00 $476.00
Dana Telsey Telsey Advisory Group Raises Outperform $500.00 $450.00
Korinne Wolfmeyer Piper Sandler Raises Neutral $360.00 $357.00
Susan Anderson Canaccord Genuity Raises Buy $476.00 $442.00
Kelly Crago Citigroup Raises Neutral $390.00 $345.00
Dana Telsey Telsey Advisory Group Maintains Outperform $450.00 $450.00
Christopher Horvers JP Morgan Raises Overweight $472.00 $450.00
Oliver Chen TD Cowen Lowers Hold $380.00 $390.00
Mark Astrachan Stifel Raises Hold $395.00 $385.00
Dana Telsey Telsey Advisory Group Maintains Outperform $450.00 $450.00
Korinne Wolfmeyer Piper Sandler Raises Neutral $357.00 $356.00
Rupesh Parikh Oppenheimer Maintains Outperform $435.00 $435.00
Olivia Tong Raymond James Lowers Outperform $440.00 $450.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ulta Beauty. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Ulta Beauty compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Ulta Beauty's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Ulta Beauty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Ulta Beauty analyst ratings.

All You Need to Know About Ulta Beauty

With more than 1,400 freestanding stores and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the US. The firm offers makeup (41% of 2023 sales), fragrances, skin care (19% of sales), and hair care products (19% of sales), and bath and body items. Ulta offers private-label products and more than 600 individual brands. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. The firm intends to open franchises in Mexico in 2025. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.

Unraveling the Financial Story of Ulta Beauty

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Ulta Beauty's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2024, the company achieved a revenue growth rate of approximately 1.65%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.

Net Margin: Ulta Beauty's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.57%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Ulta Beauty's ROE stands out, surpassing industry averages. With an impressive ROE of 10.36%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Ulta Beauty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.14% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: With a below-average debt-to-equity ratio of 0.92, Ulta Beauty adopts a prudent financial strategy, indicating a balanced approach to debt management.

How Are Analyst Ratings Determined?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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