Daily Progress: Ulta Beauty Inc (ULTA) Drop -4.31, Closing at 395.16

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In the latest session, Ulta Beauty Inc (NASDAQ: ULTA) closed at $395.16 down -4.31% from its previous closing price of $412.94. In other words, the price has decreased by -$4.31 from its previous closing price. On the day, 1.15 million shares were traded. ULTA stock price reached its highest trading level at $406.48 during the session, while it also had its lowest trading level at $393.06.

Ratios:

For a deeper understanding of Ulta Beauty Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.70.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on Jul-16-24, Reiterated its Outperform rating but revised its target price to $450 from $475 previously.

On May 24, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $600 to $500.

Barclays Downgraded its Overweight to Equal Weight on April 29, 2024, whereas the target price for the stock was revised from $612 to $434.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 02 ’24 when Halligan Catherine Ann sold 100 shares for $390.08 per share. The transaction valued at 39,008 led to the insider holds 2,017 shares of the business.

Caro Jodi J sold 650 shares of ULTA for $252,639 on Jun 25 ’24. The GC, Chief Risk & Compl. Ofc. now owns 6,801 shares after completing the transaction at $388.68 per share. On Jun 04 ’24, another insider, MRKONIC GEORGE R JR, who serves as the Director of the company, sold 397 shares for $389.34 each. As a result, the insider received 154,568 and left with 2,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ULTA now has a Market Capitalization of 18855612416 and an Enterprise Value of 21072166912. As of this moment, Ulta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.41, and their Forward P/E ratio for the next fiscal year is 14.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 8.22. Its current Enterprise Value per Revenue stands at 1.865 whereas that against EBITDA is 11.169.

Stock Price History:

The Beta on a monthly basis for ULTA is 1.38, which has changed by -0.12588644 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, ULTA has reached a high of $574.76, while it has fallen to a 52-week low of $368.02. The 50-Day Moving Average of the stock is 1.12%, while the 200-Day Moving Average is calculated to be -11.03%.

Shares Statistics:

For the past three months, ULTA has traded an average of 861.89K shares per day and 707160 over the past ten days. A total of 48.32M shares are outstanding, with a floating share count of 47.60M. Insiders hold about 0.24% of the company’s shares, while institutions hold 97.50% stake in the company. Shares short for ULTA as of 1719532800 were 1880703 with a Short Ratio of 2.18, compared to 1717113600 on 1662527. Therefore, it implies a Short% of Shares Outstanding of 1880703 and a Short% of Float of 5.06.

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