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Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) has earned a consensus recommendation of “Hold” from the fifteen brokerages that are covering the company, Stock Ratings Network reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $112.78.

Shares of Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) traded down 2.08% during mid-day trading on Monday, hitting $83.93. 1,443,446 shares of the company’s stock traded hands. Ulta Salon Cosmetics & Fragrance has a 1-year low of $72.51 and a 1-year high of $132.72. The stock has a 50-day moving average of $89.6 and a 200-day moving average of $107.8. The company has a market cap of $5.391 billion and a P/E ratio of 28.11.

Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) last announced its 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. On average, analysts predict that Ulta Salon Cosmetics & Fragrance will post $3.15 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on ULTA shares. Analysts at KeyCorp cut their price target on shares of Ulta Salon Cosmetics & Fragrance from $110.00 to $100.00 in a research note to investors on Monday. Finally, 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.

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.

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