For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $394.88 in the prior trading day, Ulta Beauty Inc (NASDAQ: ULTA) closed at $393.67, down -0.31%. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 0.79 million shares were traded. ULTA stock price reached its highest trading level at $398.7999 during the session, while it also had its lowest trading level at $390.77.
Ratios:
Our goal is to gain a better understanding of ULTA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.71.
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 the company, Barclays on April 29, 2024, Downgraded its rating to Equal Weight and sets its target price to $434 from $612 previously.
On April 19, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $585 to $438.
Jefferies reiterated its Buy rating for the stock on April 10, 2024, while the target price for the stock was revised from $610 to $585.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 19 ’24 when Steelman Kecia sold 20,950 shares for $526.39 per share. The transaction valued at 11,027,871 led to the insider holds 10,494 shares of the business.
Ryan Anita Jane sold 3,102 shares of ULTA for $1,629,338 on Mar 19 ’24. The Chief Human Resources Officer now owns 2,705 shares after completing the transaction at $525.25 per share. On Mar 19 ’24, another insider, Halligan Catherine Ann, who serves as the Director of the company, sold 500 shares for $526.26 each. As a result, the insider received 263,131 and left with 1,665 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 19001939968 and an Enterprise Value of 20146454528. As of this moment, Ulta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.11, and their Forward P/E ratio for the next fiscal year is 13.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 8.35. Its current Enterprise Value per Revenue stands at 1.798 whereas that against EBITDA is 10.488.
Stock Price History:
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 -18.62%, while the 200-Day Moving Average is calculated to be -13.17%.
Shares Statistics:
The stock has traded on average 839.57K shares per day over the past 3-months and 719830 shares per day over the last 10 days, according to various share statistics. A total of 48.32M shares are outstanding, with a floating share count of 47.82M. Insiders hold about 0.23% of the company’s shares, while institutions hold 95.83% stake in the company. Shares short for ULTA as of 1713139200 were 1550514 with a Short Ratio of 1.85, compared to 1710460800 on 1359659. Therefore, it implies a Short% of Shares Outstanding of 1550514 and a Short% of Float of 4.14.
