Ulta Beauty Inc (NASDAQ:ULTA) saw a downside of -1.37% to close Friday at $398.73 after subtracting -$5.52 on the day. The 5-day average trading volume is 658,240 shares of the company’s common stock. It has gained $415.19 in the past week and touched a new high 3 times within the past 5 days. An average of 803,795 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 792,080.
ULTA’s 1-month performance is -8.96% or -$31.85 on its low of $397.87 reached on 09/22/23. The company’s shares have touched a 52-week low of $373.80 and high of $556.60, with the stock’s rally to the 52-week high happening on 05/01/23. YTD, ULTA has lost -15.00% or -$70.34 and has reached a new high 22 times. However, the current price is down -28.36% from the 52-week high price.
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Insider Transactions
ULTA stock investors last saw insider trading activity on Jun 15.Halligan Catherine Ann (Director) most recently sold 400 shares at $450.00 per share on Jun 15. This transaction cost the insider $180,000. Director, MRKONIC GEORGE R JR, sold 393 shares at a price of $421.30 on Jun 05. Then, on Apr 03, Chief Human Resources Officer Ryan Anita Jane sold 1,255 shares at a price of $544.69 per share. This transaction amounted to $683,583.
Valuation Metrics
ULTA stock has a beta of 1.33. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.83 while the price-to-book (PB) in the most recent quarter is 9.59, with the price to cash flow ratio at 15.12.
Ulta Beauty Inc’s quick ratio for the period ended July 30 was 0.47, with the current ratio over the same period at 1.69. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.78, while the total debt to equity was 0.92. In terms of profitability, the gross margin trailing 12 months is 39.37%. The trailing 12-month EBITDA margin is 21.48% while for the period ending July 30, Ulta Beauty Inc’s operating margin was 15.39%. The firm’s gross profit as reported stood at $4.04 billion against revenue of $10.21 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 1.47% to $300.1 million, while revenue of $347.05 million was -15.64% off the previous quarter. Analysts expected ULTA to announce $5.85 per share in earnings in its latest quarter, but it posted $6.02, representing a 2.90% surprise. EBITDA for the quarter stood at more than $453.56 million. ULTA stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 3.2 billion, with total debt at $1.88 billion. Shareholders hold equity totaling $49.23 million.
Let’s look briefly at Ulta Beauty Inc (ULTA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 29.24% to suggest the stock is trending oversold, with historical volatility in this time period at 12.76%.
The stock’s 5-day moving average is $406.79, reflecting a -3.59% or -$14.84 change from its current price. ULTA is currently trading -5.68% above its 20-day SMA, -25.17% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -15.63% and SMA200 by-15.62%.
Stochastic %K and %D was 12.25% and 19.11% and the average true range (ATR) pointed at 8.08. The RSI (14) points at 33.26%, while the 14-day stochastic is at 3.81% with the period’s ATR at 8.60. The stock’s 9-day MACD Oscillator is pointing at -5.46 and -7.02 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Ulta Beauty Inc (NASDAQ: ULTA), Loop Capital upgraded it to a Buy rating. They previously had a Hold rating on the stock. Analysts offering their rating for ULTA stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate ULTA as a “sell,”, while 11 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 15 have offered a “buy” rating.
What is ULTA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $375.00 and a high of $640.00, with their median price target at $530.00. Looking at these predictions, the average price target given by analysts is for Ulta Beauty Inc (ULTA) stock is $529.77.
