Telsey Advisory Group Estimates Ulta Beauty FY2025 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – Stock analysts at Telsey Advisory Group boosted their FY2025 earnings per share (EPS) estimates for Ulta Beauty in a research note issued to investors on Tuesday, January 7th. Telsey Advisory Group analyst D. Telsey now anticipates that the specialty retailer will post earnings per share of $24.08 for the year, up from their prior estimate of $23.70. Telsey Advisory Group has a “Outperform” rating and a $500.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.57 per share. Telsey Advisory Group also issued estimates for Ulta Beauty’s FY2026 earnings at $23.49 EPS.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, topping the consensus estimate of $4.45 by $0.69. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.07 EPS.

Several other research firms have also recently weighed in on ULTA. William Blair cut Ulta Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday, November 21st. TD Cowen raised their target price on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a “hold” rating in a research note on Wednesday. Barclays boosted their price target on shares of Ulta Beauty from $410.00 to $445.00 and gave the stock an “equal weight” rating in a research note on Thursday. BMO Capital Markets raised their price objective on shares of Ulta Beauty from $385.00 to $420.00 and gave the company a “market perform” rating in a research report on Friday, December 6th. Finally, Citigroup upped their target price on shares of Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $460.30.

Ulta Beauty Stock Up 0.7 %

Shares of ULTA opened at $418.23 on Thursday. Ulta Beauty has a twelve month low of $318.17 and a twelve month high of $574.76. The stock has a market cap of $19.39 billion, a PE ratio of 16.74, a P/E/G ratio of 2.38 and a beta of 1.28. The business’s 50-day moving average price is $402.01 and its 200-day moving average price is $384.05.

Hedge Funds Weigh In On Ulta Beauty

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Choreo LLC raised its stake in Ulta Beauty by 71.7% in the second quarter. Choreo LLC now owns 2,868 shares of the specialty retailer’s stock worth $1,103,000 after buying an additional 1,198 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new position in shares of Ulta Beauty in the 2nd quarter worth approximately $19,136,000. Jensen Investment Management Inc. lifted its stake in shares of Ulta Beauty by 17.9% in the 3rd quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock valued at $4,409,000 after purchasing an additional 1,720 shares during the period. Distillate Capital Partners LLC bought a new stake in shares of Ulta Beauty during the second quarter valued at approximately $14,665,000. Finally, Versor Investments LP purchased a new stake in Ulta Beauty in the third quarter worth $793,000. Institutional investors own 90.39% of the company’s stock.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.