$1.78 EPS Expected for Ulta Beauty Inc (ULTA) This Quarter

Equities research analysts expect Ulta Beauty Inc (NASDAQ:ULTA) to post $1.78 earnings per share for the current fiscal quarter, according to Zacks. Ten analysts have provided estimates for Ulta Beauty’s earnings, with the highest EPS estimate coming in at $1.82 and the lowest estimate coming in at $1.74. Ulta Beauty reported earnings of $1.45 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 22.8%. The firm is scheduled to report its next quarterly earnings report after the market closes on Thursday, May 25th.

According to Zacks, analysts expect that Ulta Beauty will report full year earnings of $8.03 per share for the current financial year, with EPS estimates ranging from $7.85 to $8.25. For the next financial year, analysts anticipate that the firm will report earnings of $9.71 per share, with EPS estimates ranging from $9.49 to $10.15. Zacks’ EPS averages are an average based on a survey of research analysts that cover Ulta Beauty.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 9th. The specialty retailer reported $2.24 EPS for the quarter, beating the Zacks’ consensus estimate of $2.13 by $0.11. Ulta Beauty had a net margin of 8.31% and a return on equity of 26.87%. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the firm posted $1.69 EPS. The company’s quarterly revenue was up 24.6% on a year-over-year basis.

A number of analysts have recently commented on ULTA shares. Zacks Investment Research cut shares of Ulta Beauty from a “buy” rating to a “hold” rating in a report on Thursday, February 2nd. Loop Capital started coverage on shares of Ulta Beauty in a report on Wednesday, February 8th. They set a “hold” rating and a $285.00 target price on the stock. Citigroup Inc restated an “outperform” rating on shares of Ulta Beauty in a report on Monday, March 6th. Oppenheimer Holdings Inc. restated an “outperform” rating and set a $315.00 target price (up previously from $300.00) on shares of Ulta Beauty in a report on Tuesday, March 7th. Finally, Instinet restated a “buy” rating and set a $297.00 target price (up previously from $294.00) on shares of Ulta Beauty in a report on Saturday, March 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $291.73.

In other Ulta Beauty news, Director Robert F. Diromualdo sold 50,000 shares of the company’s stock in a transaction dated Tuesday, March 14th. The shares were sold at an average price of $285.15, for a total transaction of $14,257,500.00. Following the transaction, the director now owns 4,309 shares in the company, valued at approximately $1,228,711.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lorna Nagler sold 4,167 shares of the company’s stock in a transaction dated Friday, March 17th. The shares were sold at an average price of $287.62, for a total transaction of $1,198,512.54. Following the transaction, the director now owns 9,095 shares in the company, valued at approximately $2,615,903.90. The disclosure for this sale can be found here. Insiders have sold a total of 150,534 shares of company stock worth $42,979,662 in the last 90 days. Company insiders own 6.90% of the company’s stock.

A number of institutional investors have recently bought and sold shares of ULTA. ETRADE Capital Management LLC boosted its position in Ulta Beauty by 0.6% in the third quarter. ETRADE Capital Management LLC now owns 959 shares of the specialty retailer’s stock valued at $228,000 after buying an additional 6 shares in the last quarter. Iberiabank Corp boosted its position in Ulta Beauty by 0.4% in the fourth quarter. Iberiabank Corp now owns 1,487 shares of the specialty retailer’s stock valued at $379,000 after buying an additional 6 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in Ulta Beauty by 0.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 1,970 shares of the specialty retailer’s stock valued at $469,000 after buying an additional 10 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Ulta Beauty by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,361 shares of the specialty retailer’s stock valued at $857,000 after buying an additional 13 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its position in Ulta Beauty by 1.7% in the third quarter. Checchi Capital Advisers LLC now owns 996 shares of the specialty retailer’s stock valued at $237,000 after buying an additional 17 shares in the last quarter. Institutional investors and hedge funds own 86.21% of the company’s stock.

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Shares of Ulta Beauty (NASDAQ:ULTA) traded down 0.09% on Thursday, reaching $281.44. 348,809 shares of the company traded hands. Ulta Beauty has a one year low of $202.28 and a one year high of $289.27. The stock’s 50 day moving average price is $283.11 and its 200-day moving average price is $265.45. The stock has a market capitalization of $17.49 billion, a P/E ratio of 43.17 and a beta of 0.65.

Ulta Beauty Company Profile

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

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