Ulta Beauty Inc (NASDAQ: ULTA) closed the day trading at $439.98 down -15.34% from the previous closing price of $519.68. In other words, the price has decreased by -$79.70 from its previous closing price. On the day, 4206369 shares were traded.
Ratios:
For a better understanding of ULTA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.40. 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 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 25.08B and an Enterprise Value of 26.23B. As of this moment, Ulta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.89, and their Forward P/E ratio for the next fiscal year is 14.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 9.33. Its current Enterprise Value per Revenue stands at 2.34 whereas that against EBITDA is 13.59.
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 526.14, while the 200-Day Moving Average is calculated to be 458.44.
Shares Statistics:
Over the past 3-months, ULTA traded about 670.10K shares per day on average, while over the past 10 days, ULTA traded about 1.16M shares per day. A total of 48.32M shares are outstanding, with a floating share count of 48.17M. Insiders hold about 0.21% of the company’s shares, while institutions hold 95.66% stake in the company. Shares short for ULTA as of Mar 15, 2024 were 1.36M with a Short Ratio of 2.03, compared to 1.59M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.81% and a Short% of Float of 3.21%.
Earnings Estimates
Current recommendations for the stock of the company come from 24 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 28 analysts recommending between $31.4 and $28.25.
Revenue Estimates
A total of 27 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 27 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 6.30% from the average revenue estimate for this year.
