Ulta Salon Cosmetics & Fragrance Sees Unusually Large Options Volume (ULTA)
Shares of Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) saw unusually large options trading on Wednesday. Investors bought 9,517 call options on the company, AnalystRatings.Net reports. This represents an increase of approximately 225% compared to the average daily volume of 2,932 call options.
A number of analysts have recently weighed in on ULTA shares. Analysts at KeyCorp initiated coverage on shares of Ulta Salon Cosmetics & Fragrance in a research note to investors on Monday, December 16th. They set a “buy” rating on the stock. Separately, analysts at Zacks downgraded shares of Ulta Salon Cosmetics & Fragrance from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, December 9th. They now have a $78.10 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Ulta Salon Cosmetics & Fragrance in a research note to investors on Friday, December 6th. They now have a $123.00 price target on the stock, down previously from $145.00. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $114.47.
Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) opened at 96.52 on Thursday. Ulta Salon Cosmetics & Fragrance has a one year low of $72.51 and a one year high of $132.72. The stock has a 50-day moving average of $110.4 and a 200-day moving average of $109.4. The company has a market cap of $6.200 billion and a P/E ratio of 30.95.
Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, December 5th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by $0.02. The company had revenue of $618.80 million for the quarter, compared to the consensus estimate of $622.03 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 22.4% on a year-over-year basis. Analysts expect that Ulta Salon Cosmetics & Fragrance will post $3.16 EPS for the current fiscal year.
Ulta Salon, Cosmetics & Fragrance, Inc (NASDAQ:ULTA) is a beauty retailer, which provides one-stop shopping for prestige, mass and salon products and salon services in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.