FY2025 EPS Estimates for Ulta Beauty Raised by Analyst

Ulta Beauty, Inc. (NASDAQ:ULTA) – Telsey Advisory Group increased their FY2025 earnings estimates for shares of Ulta Beauty in a report released 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 estimate of $23.70. Telsey Advisory Group currently 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.

Several other analysts have also recently weighed in on the stock. DA Davidson lifted their price objective on shares of Ulta Beauty from $435.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft cut their price target on Ulta Beauty from $426.00 to $424.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. Bank of America raised their price objective on Ulta Beauty from $460.00 to $475.00 and gave the stock a “neutral” rating in a research note on Tuesday. TD Cowen increased their target price on Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a report on Wednesday. Finally, Barclays raised their price target on Ulta Beauty from $335.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $458.78.

Ulta Beauty Stock Performance

ULTA opened at $415.14 on Thursday. The stock has a fifty day moving average of $400.28 and a 200-day moving average of $383.64. The company has a market capitalization of $19.25 billion, a P/E ratio of 16.61, a P/E/G ratio of 2.38 and a beta of 1.28. Ulta Beauty has a fifty-two week low of $318.17 and a fifty-two week high of $574.76.

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

Institutional Investors Weigh In On Ulta Beauty

A number of institutional investors have recently added to or reduced their stakes in ULTA. Choreo LLC lifted its holdings in shares of 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 purchasing an additional 1,198 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in Ulta Beauty during the 2nd quarter worth about $19,136,000. Jensen Investment Management Inc. lifted its holdings in Ulta Beauty by 17.9% during the 3rd quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock worth $4,409,000 after buying an additional 1,720 shares during the period. Distillate Capital Partners LLC bought a new stake in shares of Ulta Beauty in the 2nd quarter valued at about $14,665,000. Finally, Versor Investments LP acquired a new stake in shares of Ulta Beauty in the third quarter valued at about $793,000. 90.39% of the stock is owned by institutional investors.

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.