Ulta Beauty Inc. [ULTA] fell -15.46% so far this year. What now?

Ulta Beauty Inc. [NASDAQ: ULTA] price surged by 4.19 percent to reach at $8.6. The company report on August 19, 2020 that Ulta Beauty to Close All Stores on Thanksgiving Day 2020.

In preparation for the 2020 holiday season, Ulta Beauty, Inc. (NASDAQ: ULTA) today announced its decision to close all stores on Thanksgiving, November 26, 2020.

“The holiday season is when Ulta Beauty and our guests shine brightest,” said Mary Dillon, chief executive officer. “Keeping our associates at the heart of our decisions always, we are adapting this season’s plans to reflect our immense gratitude for their commitment to serving our stores, our guests and our communities throughout this unprecedented year. It’s our hope that everyone takes time this Thanksgiving to see the beauty in togetherness with loved ones.”.

A sum of 1443537 shares traded at recent session while its average daily volume was at 1.23M shares. Ulta Beauty Inc. shares reached a high of $215.20 and dropped to a low of $203.99 until finishing in the latest session at $214.00.

The one-year ULTA stock forecast points to a potential upside of 18.36. The average equity rating for ULTA stock is currently 2.10, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Ulta Beauty Inc. [ULTA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ULTA shares is $262.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ULTA stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Ulta Beauty Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 12, 2020. The new note on the price target was released on June 19, 2020, representing the official price target for Ulta Beauty Inc. stock. Previously, the target price had yet another raise from $202 to $275, while Piper Sandler kept a Overweight rating on ULTA stock. On March 30, 2020, analysts increased their price target for ULTA shares from 205 to 250.

The Average True Range (ATR) for Ulta Beauty Inc. is set at 7.75, with the Price to Sales ratio for ULTA stock in the period of the last 12 months amounting to 1.69. The Price to Book ratio for the last quarter was 6.88, with the Price to Cash per share for the same quarter was set at 21.34. Price to Free Cash Flow for ULTA in the course of the last twelve months was 21.54 with Quick ratio for the last quarter at 1.30.

ULTA Stock Performance Analysis:

Ulta Beauty Inc. [ULTA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.07. With this latest performance, ULTA shares gained by 4.07% in over the last four-week period, additionally sinking by -25.06% over the last 6 months – not to mention a drop of -36.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ULTA stock in for the last two-week period is set at 54.22, with the RSI for the last a single of trading hit 53.12, and the three-weeks RSI is set at 52.51 for Ulta Beauty Inc. [ULTA]. The present Moving Average for the last 50 days of trading for this stock 206.34, while it was recorded at 214.62 for the last single week of trading, and 229.48 for the last 200 days.

Insight into Ulta Beauty Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Ulta Beauty Inc. [ULTA] shares currently have an operating margin of +12.44 and a Gross Margin at +36.24. Ulta Beauty Inc.’s Net Margin is presently recorded at +9.54.

Return on Total Capital for ULTA is now 32.52, given the latest momentum, and Return on Invested Capital for the company is 26.04. Return on Equity for this stock inclined to 37.93, with Return on Assets sitting at 16.17. When it comes to the capital structure of this company, Ulta Beauty Inc. [ULTA] has a Total Debt to Total Equity ratio set at 101.91. Additionally, ULTA Total Debt to Total Capital is recorded at 50.47, with Total Debt to Total Assets ending up at 35.55. Long-Term Debt to Equity for the company is recorded at 89.31, with the Long-Term Debt to Total Capital now at 44.23.

Reflecting on the efficiency of the workforce at the company, Ulta Beauty Inc. [ULTA] managed to generate an average of $16,044 per employee. Receivables Turnover for the company is 53.71 with a Total Asset Turnover recorded at a value of 1.69.Ulta Beauty Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 2.50.

ULTA Stock EPS

With the latest financial reports released by the company, Ulta Beauty Inc. posted 2.76/share EPS, while the average EPS was predicted by analysts to be reported at 2.8/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ULTA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ulta Beauty Inc. go to 4.22%.

Ulta Beauty Inc. [ULTA] Insider Position Details

There are presently around $10,511 million, or 89.90% of ULTA stock, in the hands of institutional investors. The top three institutional holders of ULTA stocks are: VANGUARD GROUP INC with ownership of 5,934,676, which is approximately -4.814% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 4,073,574 shares of the stock with an approximate value of $871.75 million in ULTA stocks shares; and STATE STREET CORP, currently with $517.7 million in ULTA stock with ownership of nearly -0.128% of the company’s market capitalization.

370 institutional holders increased their position in Ulta Beauty Inc. [NASDAQ:ULTA] by around 8,997,618 shares. Additionally, 310 investors decreased positions by around 9,371,358 shares, while 84 investors held positions by with 30,746,361 shares. The mentioned changes placed institutional holdings at 49,115,337 shares, according to the latest SEC report filing. ULTA stock had 120 new institutional investments in for a total of 3,270,784 shares, while 98 institutional investors sold positions of 2,731,728 shares during the same period.

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