Ulta Beauty (NASDAQ:ULTA) Hits New 1-Year Low – Time to Sell?

Ulta Beauty Inc. (NASDAQ:ULTA) reached a new 52-week low during trading on Tuesday . The stock traded as low as $447.12 and last traded at $450.32, with a volume of 92413 shares changing hands. The stock had previously closed at $459.12.

Analyst Ratings Changes

A number of brokerages have weighed in on ULTA. The Goldman Sachs Group lowered their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Robert W. Baird cut their price objective on Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating for the company in a research report on Wednesday, June 3rd. Canaccord Genuity Group reduced their target price on Ulta Beauty from $799.00 to $731.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Wells Fargo & Company decreased their target price on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a report on Wednesday, June 3rd. Finally, Guggenheim started coverage on Ulta Beauty in a report on Monday, April 20th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty Price Performance

The company has a market cap of $19.31 billion, a price-to-earnings ratio of 16.83, a P/E/G ratio of 1.52 and a beta of 0.86. The firm has a 50-day moving average price of $501.47 and a 200 day moving average price of $576.39.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating analysts’ consensus estimates of $6.89 by $0.85. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities analysts anticipate that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the transaction, the director directly owned 2,383 shares of the company’s stock, valued at $1,285,128.07. The trade was a 15.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.39% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ulta Beauty

A number of large investors have recently bought and sold shares of ULTA. Diamant Asset Management Inc. boosted its position in shares of Ulta Beauty by 52,171.0% during the 1st quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer’s stock worth $77,050,000 after acquiring an additional 1,471,222 shares in the last quarter. Norges Bank acquired a new position in Ulta Beauty during the fourth quarter valued at approximately $430,963,000. Holocene Advisors LP lifted its stake in Ulta Beauty by 339.6% during the third quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer’s stock worth $207,732,000 after purchasing an additional 293,516 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Ulta Beauty by 1,837.4% in the 4th quarter. Corient Private Wealth LLC now owns 230,998 shares of the specialty retailer’s stock valued at $139,756,000 after purchasing an additional 219,075 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Ulta Beauty by 33.6% in the 3rd quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock valued at $459,479,000 after purchasing an additional 211,485 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

About Ulta Beauty

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.