FY2025 EPS Estimates for Ulta Beauty Increased by Analyst

Ulta Beauty, Inc. (NASDAQ:ULTA) – Analysts at Telsey Advisory Group increased their FY2025 earnings estimates for Ulta Beauty in a report issued on Tuesday, January 7th. Telsey Advisory Group analyst D. Telsey now expects that the specialty retailer will post earnings of $24.08 per share for the year, up from their previous forecast of $23.70. Telsey Advisory Group has a “Outperform” rating and a $500.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.57 per share. Telsey Advisory Group also issued estimates for Ulta Beauty’s FY2026 earnings at $23.49 EPS.

A number of other research analysts also recently issued reports on the stock. StockNews.com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Tuesday. BMO Capital Markets upped their price objective on shares of Ulta Beauty from $385.00 to $420.00 and gave the company a “market perform” rating in a report on Friday, December 6th. Piper Sandler increased their price objective on shares of Ulta Beauty from $390.00 to $394.00 and gave the stock a “neutral” rating in a research report on Monday. Wells Fargo & Company boosted their target price on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research report on Tuesday. Finally, B. Riley upgraded Ulta Beauty from a “sell” rating to a “neutral” rating and increased their price target for the stock from $330.00 to $430.00 in a report on Tuesday. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $458.78.

Ulta Beauty Stock Performance

Shares of ULTA opened at $415.14 on Thursday. The firm has a market cap of $19.25 billion, a PE ratio of 16.61, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. Ulta Beauty has a 52-week low of $318.17 and a 52-week high of $574.76. The business’s 50 day moving average price is $400.28 and its two-hundred day moving average price is $383.64.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating the consensus estimate of $4.45 by $0.69. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the company earned $5.07 EPS. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year.

Hedge Funds Weigh In On Ulta Beauty

Several hedge funds have recently modified their holdings of ULTA. Private Advisor Group LLC boosted its position in Ulta Beauty by 65.9% in the second quarter. Private Advisor Group LLC now owns 10,022 shares of the specialty retailer’s stock worth $3,867,000 after purchasing an additional 3,982 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Ulta Beauty in the 2nd quarter worth about $525,000. First Foundation Advisors grew its position in Ulta Beauty by 45.9% during the second quarter. First Foundation Advisors now owns 162 shares of the specialty retailer’s stock valued at $63,000 after buying an additional 51 shares during the period. Choreo LLC increased its holdings in Ulta Beauty by 71.7% during the second quarter. Choreo LLC now owns 2,868 shares of the specialty retailer’s stock worth $1,103,000 after buying an additional 1,198 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its position in Ulta Beauty by 37.8% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 3,584 shares of the specialty retailer’s stock worth $1,383,000 after acquiring an additional 984 shares during the period. Institutional investors own 90.39% of the company’s stock.

About Ulta Beauty

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.