Ulta Beauty Inc. (NASDAQ:ULTA) Receives $687.95 Consensus Price Target from Analysts

Ulta Beauty Inc. (NASDAQ:ULTA) has been assigned an average rating of “Moderate Buy” from the twenty-seven analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, nineteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $687.9524.

Several equities analysts have recently weighed in on the company. Evercore set a $725.00 price objective on Ulta Beauty in a report on Wednesday, March 11th. DA Davidson reiterated a “buy” rating and issued a $650.00 price target on shares of Ulta Beauty in a report on Tuesday, April 14th. Bank of America upgraded Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 target price for the company in a report on Tuesday, May 5th. UBS Group reissued a “buy” rating and issued a $810.00 price target on shares of Ulta Beauty in a research note on Friday, March 13th. Finally, Wedbush initiated coverage on Ulta Beauty in a research note on Monday, April 20th. They issued an “outperform” rating on the stock.

Insiders Place Their Bets

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the business’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the sale, the director directly owned 2,383 shares of the company’s stock, valued at $1,285,128.07. The trade was a 15.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.17% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Segall Bryant & Hamill LLC bought a new stake in Ulta Beauty during the first quarter worth $3,925,000. Wellington Grp LLC increased its position in Ulta Beauty by 42.9% during the first quarter. Wellington Grp LLC now owns 1,016 shares of the specialty retailer’s stock worth $531,000 after buying an additional 305 shares during the last quarter. GKV Capital Management Co. Inc. increased its position in Ulta Beauty by 10.8% during the first quarter. GKV Capital Management Co. Inc. now owns 1,308 shares of the specialty retailer’s stock worth $684,000 after buying an additional 128 shares during the last quarter. Essential Partners LLC lifted its position in shares of Ulta Beauty by 3.5% in the first quarter. Essential Partners LLC now owns 2,170 shares of the specialty retailer’s stock valued at $1,134,000 after buying an additional 74 shares during the last quarter. Finally, Ariadne Wealth Management LP boosted its stake in shares of Ulta Beauty by 7.1% during the 1st quarter. Ariadne Wealth Management LP now owns 408 shares of the specialty retailer’s stock worth $213,000 after acquiring an additional 27 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Stock Performance

ULTA opened at $515.04 on Wednesday. The firm’s fifty day moving average is $528.75 and its two-hundred day moving average is $585.70. The firm has a market cap of $22.44 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 1.75 and a beta of 0.89. Ulta Beauty has a twelve month low of $402.76 and a twelve month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. The business had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.46 EPS. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Equities analysts forecast that Ulta Beauty will post 28.47 EPS for the current fiscal year.

Ulta Beauty Company Profile

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.