Ulta Beauty Inc. (NASDAQ:ULTA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Ulta Beauty Inc. (NASDAQ:ULTA) has been assigned a consensus rating of “Moderate Buy” from the twenty-seven brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $644.9091.

Several equities research analysts have recently commented on ULTA shares. The Goldman Sachs Group reduced their target price on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Citigroup reduced their price target on shares of Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Morgan Stanley reduced their price target on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Telsey Advisory Group upped their price target on shares of Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a research report on Monday, March 9th. Finally, William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th.

Insider Transactions at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the company’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 transaction, the director owned 2,383 shares in the company, valued at $1,285,128.07. This represents a 15.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rathbones Group PLC lifted its position in Ulta Beauty by 12.8% during the 1st quarter. Rathbones Group PLC now owns 116,394 shares of the specialty retailer’s stock worth $60,840,000 after buying an additional 13,190 shares in the last quarter. Parallel Advisors LLC lifted its position in Ulta Beauty by 8.6% during the 1st quarter. Parallel Advisors LLC now owns 768 shares of the specialty retailer’s stock worth $402,000 after buying an additional 61 shares in the last quarter. NewEdge Advisors LLC lifted its position in Ulta Beauty by 70.5% during the 1st quarter. NewEdge Advisors LLC now owns 14,769 shares of the specialty retailer’s stock worth $7,720,000 after buying an additional 6,106 shares in the last quarter. First Nebraska Trust Co acquired a new position in Ulta Beauty during the 1st quarter worth about $243,000. Finally, Allen Capital Group LLC lifted its position in Ulta Beauty by 5.3% during the 1st quarter. Allen Capital Group LLC now owns 7,545 shares of the specialty retailer’s stock worth $3,944,000 after buying an additional 378 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $467.74 on Friday. Ulta Beauty has a 52 week low of $452.05 and a 52 week high of $714.97. The company’s fifty day moving average is $516.26 and its 200-day moving average is $582.70. The company has a market capitalization of $20.11 billion, a PE ratio of 17.54, a P/E/G ratio of 1.46 and a beta of 0.86.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating the consensus estimate of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the previous year, the company earned $6.70 EPS. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, analysts forecast that Ulta Beauty will post 28.76 EPS for the current 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.