Ratings for Ulta Beauty ULTA were provided by 31 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 7 | 11 | 10 | 2 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 1 |
| 2M Ago | 6 | 8 | 7 | 1 | 0 |
| 3M Ago | 0 | 3 | 1 | 1 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $417.77, along with a high estimate of $505.00 and a low estimate of $300.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.42%.
Exploring Analyst Ratings: An In-Depth Overview
The perception of Ulta Beauty by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Oliver Chen | TD Cowen | Lowers | Hold | $390.00 | $395.00 |
| Oliver Chen | TD Cowen | Announces | Hold | $395.00 | - |
| Anna Glaessgen | B. Riley Securities | Announces | Sell | $300.00 | - |
| Anthony Chukumba | Loop Capital | Lowers | Buy | $450.00 | $520.00 |
| Michael Baker | DA Davidson | Lowers | Buy | $435.00 | $507.00 |
| Dana Telsey | Telsey Advisory Group | Lowers | Outperform | $450.00 | $500.00 |
| Kelly Crago | Citigroup | Lowers | Neutral | $345.00 | $375.00 |
| Susan Anderson | Canaccord Genuity | Lowers | Buy | $442.00 | $500.00 |
| Adrienne Yih | Barclays | Raises | Equal-Weight | $335.00 | $328.00 |
| Michael Lasser | UBS | Lowers | Buy | $505.00 | $550.00 |
| Simeon Siegel | BMO Capital | Lowers | Market Perform | $385.00 | $500.00 |
| Korinne Wolfmeyer | Piper Sandler | Lowers | Neutral | $356.00 | $404.00 |
| Ike Boruchow | Wells Fargo | Lowers | Underweight | $300.00 | $325.00 |
| Mark Astrachan | Stifel | Lowers | Hold | $385.00 | $475.00 |
| Oliver Chen | TD Cowen | Lowers | Buy | $395.00 | $500.00 |
| Rupesh Parikh | Oppenheimer | Lowers | Outperform | $435.00 | $450.00 |
| Michael Binetti | Evercore ISI Group | Lowers | Outperform | $420.00 | $430.00 |
| Olivia Tong | Raymond James | Lowers | Outperform | $450.00 | $500.00 |
| Lorraine Hutchinson | B of A Securities | Lowers | Neutral | $380.00 | $425.00 |
| Krisztina Katai | Deutsche Bank | Lowers | Buy | $448.00 | $552.00 |
| Susan Anderson | Canaccord Genuity | Lowers | Buy | $500.00 | $522.00 |
| Dana Telsey | Telsey Advisory Group | Maintains | Outperform | $500.00 | $500.00 |
| Michael Binetti | Evercore ISI Group | Lowers | Outperform | $430.00 | $500.00 |
| Mark Altschwager | Baird | Lowers | Outperform | $485.00 | $525.00 |
| Rupesh Parikh | Oppenheimer | Maintains | Outperform | $450.00 | $450.00 |
| Kate McShane | Goldman Sachs | Lowers | Neutral | $412.00 | $475.00 |
| Ike Boruchow | Wells Fargo | Lowers | Underweight | $325.00 | $350.00 |
| Korinne Wolfmeyer | Piper Sandler | Lowers | Neutral | $404.00 | $494.00 |
| Dana Telsey | Telsey Advisory Group | Maintains | Outperform | $500.00 | $500.00 |
| Rupesh Parikh | Oppenheimer | Lowers | Outperform | $450.00 | $475.00 |
| Korinne Wolfmeyer | Piper Sandler | Lowers | Overweight | $494.00 | $498.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Ulta Beauty. This offers insight into analysts' perspectives on 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.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Ulta Beauty's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Ulta Beauty analyst ratings.
About Ulta Beauty
With 1,385 stores at the end of fiscal 2023 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 merchandise from more than 500 vendors. 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. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Ulta Beauty: Delving into Financials
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Ulta Beauty's remarkable performance in 3 months is evident. As of 31 July, 2024, the company achieved an impressive revenue growth rate of 0.88%. This signifies 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: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 9.9%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Ulta Beauty's ROE excels beyond industry benchmarks, reaching 10.87%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Ulta Beauty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 4.44%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.82, Ulta Beauty adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: What Are They?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
