Ulta Beauty Inc. (NASDAQ:ULTA) Receives $638.09 Consensus Price Target from Brokerages

Ulta Beauty Inc. (NASDAQ:ULTA) has been given an average rating of “Moderate Buy” by the twenty-seven analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, nineteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $638.0909.

A number of equities analysts have recently commented on ULTA shares. Argus set a $550.00 target price on Ulta Beauty in a report on Thursday, June 18th. UBS Group decreased their price target on Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Barclays lowered their price target on Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Evercore set a $635.00 price objective on shares of Ulta Beauty in a research note on Wednesday, June 3rd. Finally, Loop Capital reiterated a “hold” rating and set a $550.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the transaction, the director directly owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ulta Beauty in the fourth quarter worth approximately $25,000. Strengthening Families & Communities LLC boosted its holdings in Ulta Beauty by 4,200.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 42 shares during the period. Hilton Head Capital Partners LLC boosted its holdings in Ulta Beauty by 860.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 43 shares during the period. Nalls Sherbakoff Group LLC bought a new position in Ulta Beauty in the 4th quarter valued at $30,000. Finally, Steigerwald Gordon & Koch Inc. grew its position in Ulta Beauty by 2,550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Down 0.8%

Shares of NASDAQ ULTA opened at $539.47 on Monday. Ulta Beauty has a 12-month low of $443.60 and a 12-month high of $714.97. The firm’s 50-day moving average price is $479.08 and its 200-day moving average price is $550.24. The stock has a market capitalization of $23.19 billion, a price-to-earnings ratio of 20.23, a P/E/G ratio of 1.70 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping the consensus estimate of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same quarter last year, the business posted $6.70 earnings per share. The firm’s revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities analysts predict that Ulta Beauty will post 28.77 EPS for the current fiscal year.

About Ulta Beauty

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.