Ulta Beauty Inc [NASDAQ: ULTA] closed the trading session at $367.58.
The stocks have a year to date performance of -24.98 percent and weekly performance of -1.78 percent. The stock has been moved at -32.99 percent over the last six months. The stock has performed 0.74 percent around the most recent 30 days and changed -4.67 percent over the most recent 3-months.
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If compared to the average trading volume of 1.08M shares, ULTA reached to a volume of 2170986 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $452.74 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 2.13. 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.
Citigroup have made an estimate for Ulta Beauty Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 23, 2024. The new note on the price target was released on August 19, 2024, representing the official price target for Ulta Beauty Inc stock. Previously, the target price had yet another drop from $494 to $404, while Piper Sandler kept a Neutral rating on ULTA stock. On July 15, 2024, analysts decreased their price target for ULTA shares from 475 to 450.
The Average True Range (ATR) for Ulta Beauty Inc is set at 11.70, with the Price to Sales ratio for ULTA stock in the period of the last 12 months amounting to 1.55. The Price to Book ratio for the last quarter was 7.64, with the Price to Cash per share for the same quarter was set at 10.99. Price to Free Cash Flow for ULTA in the course of the last twelve months was 19.27 with Quick ratio for the last quarter at 0.54.
ULTA stock trade performance evaluation
Ulta Beauty Inc [ULTA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.78. With this latest performance, ULTA shares gained by 0.74% in over the last four-week period, additionally sinking by -32.99% over the last 6 months – not to mention a drop of -11.45% 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 51.54, with the RSI for the last a single of trading hit 52.85, and the three-weeks RSI is set at 49.78 for Ulta Beauty Inc [ULTA]. The present Moving Average for the last 50 days of trading for this stock 372.61, while it was recorded at 371.88 for the last single week of trading, and 440.40 for the last 200 days.
Ulta Beauty Inc [ULTA]: An insightful look at the core fundamentals
Ulta Beauty Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.54 and a Current Ratio set at 1.76.
Earnings per share (EPS) analysis for Ulta Beauty Inc [ULTA] stock
With the latest financial reports released by the company, Ulta Beauty Inc posted 6.02/share EPS, while the average EPS was predicted by analysts to be reported at 5.85/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.17. 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 5.07%.
Ulta Beauty Inc [ULTA]: Institutional Ownership
There are presently around $94.59%, or 96.20%% of ULTA stock, in the hands of institutional investors. The top three institutional holders of ULTA stocks are: VANGUARD GROUP INC with ownership of 5.57 million shares, which is approximately 11.564%. BLACKROCK INC., holding 4.45 million shares of the stock with an approximate value of $$1.72 billion in ULTA stocks shares; and BLACKROCK INC., currently with $$905.75 million in ULTA stock with ownership which is approximately 4.8775%.
