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The price of Ulta Beauty Inc (NASDAQ: ULTA) closed at $366.61 in the last session, down -0.77% from day before closing price of $369.46. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 1.08 million shares were traded. ULTA stock price reached its highest trading level at $372.09 during the session, while it also had its lowest trading level at $362.1.
Ratios:
We take a closer look at ULTA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.22. 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 the company, Piper Sandler on July 24, 2024, Downgraded its rating to Neutral and sets its target price to $404 from $494 previously.
On July 15, 2024, Oppenheimer reiterated its Outperform rating and also upped its target price recommendation from $475 to $450.
Telsey Advisory Group reiterated its Outperform rating for the stock on May 24, 2024, while the target price for the stock was revised from $600 to $500.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 17493309440 and an Enterprise Value of 18861467648. As of this moment, Ulta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.30, and their Forward P/E ratio for the next fiscal year is 13.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 7.62. Its current Enterprise Value per Revenue stands at 1.669 whereas that against EBITDA is 9.997.
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 $362.49. The 50-Day Moving Average of the stock is -5.67%, while the 200-Day Moving Average is calculated to be -17.39%.
Shares Statistics:
According to the various share statistics, ULTA traded on average about 873.37K shares per day over the past 3-months and 911200 shares per day over the past 10 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 96.45% stake in the company. Shares short for ULTA as of 1721001600 were 2074047 with a Short Ratio of 2.37, compared to 1718323200 on 1702123. Therefore, it implies a Short% of Shares Outstanding of 2074047 and a Short% of Float of 5.58.
