Ulta Magnificence (NASDAQ: ULTA – Get Ranking) up to date its 2022 earnings steerage on Thursday. The corporate supplied EPS steerage of $ 19.20- $ 20.10 for the interval in comparison with the consensus EPS estimate of $ 18.66. The corporate issued a income steerage of $ 9.35 billion- $ 9.55 billion in comparison with the consensus income estimate of $ 9.18 billion.
A number of analytics companies have launched studies on ULTA. Jefferies Monetary Group upgraded shares of Ulta Magnificence from a group score to a purchase score and raised their inventory value goal from $ 400.00 to $ 475.00 in a analysis report on Friday, Could twenty seventh. Deutsche Financial institution Aktiengesellschaft lowered their goal value on shares in Ulta Magnificence from $ 522.00 to $ 466.00 in a analysis report on Wednesday, Could twenty fifth. Piper Sandler raised their goal value on shares in Ulta Magnificence from $ 465.00 to $ 485.00 and gave the corporate an obese score in a analysis report on Friday, Could twenty seventh. DA Davidson raised their goal value on shares in Ulta Magnificence from $ 465.00 to $ 490.00 and gave the corporate a purchase score in a analysis report on Thursday, June ninth. Lastly, StockNews.com upgraded shares of Ulta Magnificence from a group score to a purchase score in a analysis report on Wednesday, June fifteenth. Seven inventory analysts have rated the inventory with a group score, and sixteen have issued a purchase score for the corporate’s inventory. In keeping with MarketBeat knowledge, the corporate has a median score on Reasonable Purchase and a median goal value of $ 458.38.
NASDAQ ULTA opened at $ 396.22 on Thursday. The corporate’s shifting common value of fifty days is $ 398.05, and its shifting common value of 2 hundred days is $ 388.07. Ulta Magnificence has a minimal of $ 319.05 for 1 12 months and a most of $ 438.63 for 1 12 months. The corporate has a market capitalization of $ 20.53 billion, a P / E ratio of 19.61, a price-to-earnings development ratio of 1.88 and a beta of 1.54.
Ulta Magnificence (NASDAQ: ULTA – Get Ranking) final introduced its quarterly outcomes on Thursday, Could twenty sixth. The specialist dealer reported $ 6.30 earnings per share (EPS) for the quarter, topping the $ 4.46 consensus estimate with $ 1.84. Ulta Magnificence had a web margin of 12.03% and a return on fairness of 60.83%. The corporate had income of $ 2.35 billion within the quarter in comparison with analysts’ estimates of $ 2.12 billion. In the identical interval the 12 months earlier than, the corporate had earnings of $ 4.10 per share. The corporate’s quarterly income elevated 21.0% in comparison with the identical quarter final 12 months. As a bunch, analysts on the gross sales facet anticipate Ulta Magnificence to submit 20.07 EPS for the present fiscal 12 months.
In different information, CFO Scott M. Settersten bought 32,532 shares of the inventory in a commerce dated Thursday, June ninth. The shares have been bought at a median value of $ 426.63, for a complete worth of $ 13,879,127.16. Following the transaction, the CFO now straight owns 14,037 shares within the firm’s shares price $ 5,988,605.31. The sale was revealed in a authorized software to the Securities & Trade Fee, which is accessible by means of the SEC web site. COO Kecia Steelman additionally bought 13,199 shares of the inventory in a transaction dated Friday, June third. The shares have been bought at a median value of $ 405.02, for a complete transaction of $ 5,345,858.98. Following the completion of the transaction, the CEO now straight owns 16,627 shares within the firm price $ 6,734,267.54. The details about this sale might be discovered right here. Insiders have bought 46,207 shares of the corporate price $ 19,411,502 during the last ninety days. Insiders personal 2.00% of the corporate’s shares.
A number of institutional traders and hedge funds have just lately modified their holdings of the corporate. Parkside Monetary Financial institution & Belief elevated its place in Ulta Magnificence by 59.1% throughout the first quarter. Parkside Monetary Financial institution & Belief now owns 70 shares of the specialist vendor’s share price $ 28,000 after buying a further 26 shares throughout the interval. Covestor Ltd elevated its stake in Ulta Magnificence’s shares by 115.9% within the first quarter. Covestor Ltd now owns 393 shares of the specialist vendor’s share price $ 157,000 after shopping for an extra 211 shares within the final quarter. Delphia USA Inc. acquired a brand new shareholding in Ulta Magnificence’s shares within the first quarter to a worth of approx. $ 257,000. Toroso Investments LLC elevated its stake in Ulta Magnificence’s shares by 12.7% within the first quarter. Toroso Investments LLC now owns 1,017 shares within the specialist vendor’s shares price $ 405,000 after shopping for an extra 115 shares within the final quarter. Lastly, Prudential PLC acquired a brand new stake in Ulta Magnificence’s shares in Q1 price roughly $ 425,000. 89.20% of the share is at the moment owned by institutional traders.
Ulta Magnificence Firm Profile (Get score)
Ulta Magnificence, Inc. operates as a retailer of magnificence merchandise in the USA. The corporate’s shops provide cosmetics, fragrances, skincare and hair care merchandise, tub and physique merchandise and salon styling instruments; skilled hair merchandise; salon providers, together with hair, pores and skin, make-up and eyebrows; and nail providers.
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