Ulta Beauty (NASDAQ:ULTA) Receives Outperform Rating from Telsey Advisory Group

Telsey Advisory Group reaffirmed their outperform rating on shares of Ulta Beauty (NASDAQ:ULTA) in a research note issued to investors on Monday,Benzinga reports. Telsey Advisory Group currently has a $500.00 price objective on the specialty retailer’s stock. Telsey Advisory Group also issued estimates for Ulta Beauty’s Q1 2026 earnings at $6.21 EPS.

ULTA has been the topic of a number of other research reports. Barclays lifted their price target on Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a report on Thursday, January 9th. Bank of America lifted their target price on Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. UBS Group upped their target price on Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a report on Friday, December 6th. William Blair cut shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday, November 21st. Finally, StockNews.com raised shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, Ulta Beauty currently has a consensus rating of “Hold” and a consensus price target of $459.22.

Ulta Beauty Stock Performance

Ulta Beauty stock opened at $354.48 on Monday. Ulta Beauty has a 52 week low of $318.17 and a 52 week high of $574.76. The firm has a market capitalization of $16.44 billion, a price-to-earnings ratio of 14.18, a P/E/G ratio of 0.89 and a beta of 1.34. The company has a 50 day moving average price of $392.74 and a 200 day moving average price of $387.98.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ULTA. Prestige Wealth Management Group LLC boosted its holdings in Ulta Beauty by 121.4% in the 4th quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 34 shares during the period. Sunbelt Securities Inc. lifted its stake in shares of Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 45 shares during the period. Westside Investment Management Inc. grew its position in Ulta Beauty by 151.5% during the third quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in Ulta Beauty during the fourth quarter valued at about $43,000. Finally, Ameliora Wealth Management Ltd. acquired a new position in Ulta Beauty in the 4th quarter valued at approximately $43,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.