Ulta Beauty (NASDAQ:ULTA) Issues FY25 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $23.20-23.75 for the period, compared to the consensus earnings per share estimate of $23.13. The company issued revenue guidance of $11.1-11.2 billion, compared to the consensus revenue estimate of $11.17 billion.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ULTA shares. B. Riley began coverage on Ulta Beauty in a report on Tuesday, September 10th. They set a “sell” rating and a $300.00 price target on the stock. Bank of America dropped their target price on Ulta Beauty from $425.00 to $380.00 and set a “neutral” rating on the stock in a research report on Friday, August 30th. Wells Fargo & Company cut their price target on Ulta Beauty from $325.00 to $300.00 and set an “underweight” rating for the company in a research note on Friday, August 30th. JPMorgan Chase & Co. increased their price objective on shares of Ulta Beauty from $450.00 to $472.00 and gave the stock an “overweight” rating in a research note on Monday, October 21st. Finally, StockNews.com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, September 28th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $423.79.

Ulta Beauty Stock Performance

ULTA opened at $432.63 on Friday. The stock has a market capitalization of $20.39 billion, a price-to-earnings ratio of 15.77, a PEG ratio of 2.27 and a beta of 1.32. The company has a fifty day moving average of $373.67 and a 200 day moving average of $376.39. Ulta Beauty has a fifty-two week low of $318.17 and a fifty-two week high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $4.45 by $0.69. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $5.07 earnings per share. On average, equities research analysts forecast that Ulta Beauty will post 23.07 earnings per share for the current year.

Ulta Beauty Company Profile

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.