Zacks Research Increases Earnings Estimates for Ulta Beauty

Ulta Beauty Inc. (NASDAQ:ULTA) – Analysts at Zacks Research increased their FY2026 earnings per share estimates for shares of Ulta Beauty in a note issued to investors on Tuesday, December 16th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $25.30 per share for the year, up from their prior forecast of $23.97. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. Zacks Research also issued estimates for Ulta Beauty’s Q4 2027 earnings at $8.42 EPS.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.61 by $0.53. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. Ulta Beauty’s revenue was up 12.9% compared to the same quarter last year. During the same period last year, the business earned $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS.

Several other research analysts have also recently weighed in on the stock. Canaccord Genuity Group upped their price target on shares of Ulta Beauty from $653.00 to $674.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Robert W. Baird set a $700.00 target price on Ulta Beauty in a research note on Wednesday. Raymond James Financial reiterated an “outperform” rating on shares of Ulta Beauty in a research report on Friday, December 5th. Piper Sandler set a $615.00 target price on shares of Ulta Beauty in a research note on Friday, December 5th. Finally, The Goldman Sachs Group lifted their target price on shares of Ulta Beauty from $530.00 to $584.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Sixteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $576.50.

Ulta Beauty Price Performance

NASDAQ ULTA opened at $585.98 on Thursday. The company’s 50 day simple moving average is $538.32 and its two-hundred day simple moving average is $516.36. Ulta Beauty has a 1 year low of $309.01 and a 1 year high of $611.90. The stock has a market capitalization of $25.99 billion, a PE ratio of 22.47, a P/E/G ratio of 3.11 and a beta of 0.87.

Institutional Trading of Ulta Beauty

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Ulta Beauty by 107.7% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 28 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new stake in Ulta Beauty during the third quarter valued at about $25,000. Hemington Wealth Management grew its stake in shares of Ulta Beauty by 142.9% during the second quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of Ulta Beauty in the third quarter worth about $31,000. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Ulta Beauty in the 3rd quarter valued at about $31,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

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.