News coverage about Ulta Beauty (NASDAQ:ULTA) has been trending positive on Friday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ulta Beauty earned a news impact score of 0.32 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 45.7191105097382 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- PopSugar’s Beauty by PopSugar Readies for Rollout – WWD (wwd.com)
- Ulta Beauty (ULTA) Raised to “Hold” at BidaskClub (americanbankingnews.com)
- Technical Perspectives on Specialty Retail Stocks — Tractor Supply, Ulta Beauty, ZAGG, and Zumiez – PR Newswire (press release) (prnewswire.com)
- Ulta Beauty (ULTA) Raised to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Aging Beauty Brands Want a Facelift (msn.com)
ULTA has been the topic of a number of recent research reports. Goldman Sachs Group lowered shares of Ulta Beauty from a “conviction-buy” rating to a “buy” rating and dropped their price objective for the company from $290.00 to $267.00 in a research note on Monday, October 16th. Robert W. Baird set a $265.00 price objective on shares of Ulta Beauty and gave the company a “buy” rating in a research note on Monday, October 23rd. Cowen set a $336.00 price objective on shares of Ulta Beauty and gave the company a “buy” rating in a research note on Friday, October 20th. KeyCorp set a $270.00 price objective on shares of Ulta Beauty and gave the company a “buy” rating in a research note on Monday, November 27th. Finally, Loop Capital set a $300.00 price objective on shares of Ulta Beauty and gave the company a “buy” rating in a research note on Monday, November 27th. Eleven analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $262.91.
Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.03. Ulta Beauty had a net margin of 8.82% and a return on equity of 29.64%. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. research analysts expect that Ulta Beauty will post 8.36 EPS for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This news story was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this news story on another website, it was stolen and republished in violation of US and international copyright and trademark legislation. The legal version of this news story can be accessed at https://sportsperspectives.com/2018/02/09/ulta-beauty-ulta-earning-favorable-media-coverage-study-shows.html.
About Ulta Beauty
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.
Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter.