Ulta Beauty (ULTA) Given News Impact Score of 0.28
Press coverage about Ulta Beauty (NASDAQ:ULTA) has trended positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ulta Beauty earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 45.3258339741298 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Ulta Beauty – Getting Prettier Around $200 – Seeking Alpha (seekingalpha.com)
- Dab a Little Risk In Ulta Beauty Inc (ULTA) Stock for Free Profits – Investorplace.com (investorplace.com)
- ETFs with exposure to Ulta Beauty, Inc. : October 2, 2017 (finance.yahoo.com)
- Can Ulta Beauty's Strategies Continue to Keep Hurdles at Bay? (finance.yahoo.com)
Ulta Beauty (NASDAQ:ULTA) opened at 227.62 on Wednesday. Ulta Beauty has a one year low of $204.01 and a one year high of $314.86. The stock has a market cap of $13.98 billion, a P/E ratio of 30.30 and a beta of 0.57. The company has a 50-day moving average price of $226.02 and a 200-day moving average price of $266.91.
Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, August 24th. The specialty retailer reported $1.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.78 by $0.05. Ulta Beauty had a net margin of 8.84% and a return on equity of 29.33%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm earned $1.43 EPS. Ulta Beauty’s quarterly revenue was up 20.7% compared to the same quarter last year. On average, analysts anticipate that Ulta Beauty will post $8.39 earnings per share for the current year.
Several brokerages recently weighed in on ULTA. Stifel Nicolaus reaffirmed a “hold” rating and issued a $325.00 target price (up from $305.00) on shares of Ulta Beauty in a research report on Tuesday, June 6th. Piper Jaffray Companies reissued a “buy” rating and set a $330.00 price target on shares of Ulta Beauty in a research report on Tuesday, June 13th. Guggenheim began coverage on Ulta Beauty in a research report on Tuesday, June 13th. They set a “neutral” rating for the company. BidaskClub lowered Ulta Beauty from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, Deutsche Bank AG restated a “hold” rating and set a $300.00 price target on shares of Ulta Beauty in a research note on Monday, June 26th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company. Ulta Beauty presently has an average rating of “Hold” and a consensus target price of $279.96.
In other news, Director Michael R. Macdonald bought 2,000 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was purchased at an average price of $208.37 per share, with a total value of $416,740.00. Following the transaction, the director now directly owns 6,224 shares in the company, valued at $1,296,894.88. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 5.20% of the stock is owned by insiders.
Ulta Beauty Company Profile
Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.
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