After finishing at $520.37 in the prior trading day, Ulta Beauty Inc (NASDAQ: ULTA) closed at $505.57, down -2.84%. In other words, the price has decreased by -$14.80 from its previous closing price. On the day, 773356 shares were traded.
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 32.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.71. 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 this company, JP Morgan on February 15, 2024, Reiterated its Overweight rating but revised its target price to $600 from $535 previously.
On February 14, 2024, Loop Capital Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $530.
On November 07, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $460.Evercore ISI initiated its Outperform rating on November 07, 2023, with a $460 target price.
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 25.27B and an Enterprise Value of 26.41B. As of this moment, Ulta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.41, and their Forward P/E ratio for the next fiscal year is 17.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 12.13. Its current Enterprise Value per Revenue stands at 2.36 whereas that against EBITDA is 13.68.
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 522.02, while the 200-Day Moving Average is calculated to be 455.83.
Shares Statistics:
The stock has traded on average 640.32K shares per day over the past 3-months and 1.09M shares per day over the last 10 days, according to various share statistics. A total of 50.36M shares are outstanding, with a floating share count of 48.46M. Insiders hold about 0.21% of the company’s shares, while institutions hold 94.48% stake in the company. Shares short for ULTA as of Feb 29, 2024 were 1.43M with a Short Ratio of 2.23, compared to 1.48M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.95% and a Short% of Float of 3.36%.
Earnings Estimates
Its stock is currently analyzed by 24 different market analysts. On average, analysts expect EPS of $6.38 for the current quarter, with a high estimate of $6.76 and a low estimate of $5.69, while EPS last year was $6.88. The consensus estimate for the next quarter is $6.03, with high estimates of $6.48 and low estimates of $5.52.
Analysts are recommending an EPS of between $28 and $26.3 for the fiscal current year, implying an average EPS of $26.8. EPS for the following year is $29.58, with 26 analysts recommending between $31.4 and $28.25.
Revenue Estimates
A total of 25 analysts have provided revenue estimates for ULTA’s current fiscal year. The highest revenue estimate was $11.98B, while the lowest revenue estimate was $11.7B, resulting in an average revenue estimate of $11.79B. In the same quarter a year ago, actual revenue was $11.21B, up 5.20% from the average estimate. Based on 25 analysts’ estimates, the company’s revenue will be $12.53B in the next fiscal year. The high estimate is $12.81B and the low estimate is $12.29B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.
