Ulta Beauty (NASDAQ:ULTA) Issues FY 2025 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 25.200-25.500 for the period, compared to the consensus earnings per share estimate of 24.430. The company issued revenue guidance of $12.3 billion-$12.3 billion, compared to the consensus revenue estimate of $12.1 billion.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. The Goldman Sachs Group lifted their price target on Ulta Beauty from $530.00 to $584.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ulta Beauty in a research note on Wednesday, October 8th. Barclays upped their price target on shares of Ulta Beauty from $589.00 to $617.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. Jefferies Financial Group raised their price target on shares of Ulta Beauty from $425.00 to $550.00 and gave the stock a “hold” rating in a report on Tuesday, August 26th. Finally, DA Davidson set a $606.00 price objective on shares of Ulta Beauty in a research note on Monday. Fourteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty has a consensus rating of “Moderate Buy” and an average target price of $549.83.

Ulta Beauty Price Performance

ULTA traded down $10.57 on Thursday, hitting $533.95. The company had a trading volume of 1,968,915 shares, compared to its average volume of 806,261. The stock has a fifty day simple moving average of $531.56 and a 200-day simple moving average of $504.43. The firm has a market capitalization of $23.94 billion, a P/E ratio of 20.47, a P/E/G ratio of 3.62 and a beta of 0.87. Ulta Beauty has a 52-week low of $309.01 and a 52-week high of $572.23.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.47 by $0.67. The firm had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. Ulta Beauty had a return on equity of 48.78% and a net margin of 10.31%.Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Equities research analysts expect that Ulta Beauty will post 23.96 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ulta Beauty

Large investors have recently made changes to their positions in the business. BOKF NA purchased a new stake in shares of Ulta Beauty during the third quarter valued at $31,000. Darwin Wealth Management LLC purchased a new stake in shares of Ulta Beauty during the 2nd quarter valued at about $50,000. MUFG Securities EMEA plc bought a new stake in shares of Ulta Beauty in the second quarter worth approximately $62,000. State of Wyoming purchased a new position in shares of Ulta Beauty during the second quarter valued at approximately $89,000. Finally, CYBER HORNET ETFs LLC raised its holdings in shares of Ulta Beauty by 67.7% during the third quarter. CYBER HORNET ETFs LLC now owns 208 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 84 shares during the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Ulta Beauty Company Profile

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.