Ulta Magnificence (NASDAQ: ULTA) points income suggestions for fiscal yr 2022

Ulta Magnificence (NASDAQ: ULTA – Get Ranking) up to date its earnings tips for fiscal yr 2022 on Thursday. The corporate reported an estimated earnings per share of $ 19.20-20.10 through the interval, in comparison with a consensus estimate of earnings per share of $ 18.66. The corporate generated an estimated revenue of $ 9.35-9.55 billion, in comparison with a consensus income estimate of $ 9.18 billion.

A number of analysis companies have printed experiences on ULTA. Jefferies Monetary Group raised Ulta Magnificence shares from a maintain ranking to a purchase ranking and raised its goal value from $ 400.00 to $ 475.00 in a analysis report on Friday, Might 27. Deutsche Financial institution Aktiengesellschaft lowered its goal value for shares of Ulta Magnificence from $ 522.00 to $ 466.00 in a research report on Wednesday, Might 25. Piper Sandler raised the goal value for shares of Ulta Magnificence from $ 465.00 to $ 485.00 and gave the corporate a ranking of “obese” in a analysis report on Friday, Might 27. DA Davidson raised the goal value for shares of Ulta Magnificence from $ 465.00 to $ 490.00 and gave the corporate a ranking of purchases in a analysis report on Thursday, June 9. Lastly, StockNews.com raised Ulta Magnificence shares from a maintain ranking to a purchase ranking in a analysis report on Wednesday, June fifteenth. Seven inventory analysis analysts rated the inventory with a holding ranking, and sixteen gave the corporate a purchase ranking. In line with MarketBeat, the corporate has a mean “Average Buy” ranking and a mean goal value of $ 458.38.

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NASDAQ ULTA opened on Thursday for $ 396.22. The agency’s 50-day shifting common value is $ 398.05, and its two-day shifting common value is $ 388.07. Ulta Magnificence has the bottom value for 1 yr at 319.05 US {dollars} and the best for 1 yr at 438.63 US {dollars}. The corporate’s market capitalization is $ 20.53 billion, P / E ratio is $ 19.61, value and revenue development ratio is 1.88, and beta is 1.54.

Ulta Magnificence (NASDAQ: ULTA – Get Ranking) final launched quarterly earnings outcomes on Thursday, Might twenty sixth. A specialist retailer reported earnings per share (EPS) of $ 6.30. USD for the quarter, which exceeded the consensus estimate of 4.46 {dollars}. US $ 1.84 USA. Ulta Magnificence had a web margin of 12.03% and a return on fairness of 60.83%. The agency’s income for the quarter was $ 2.35 billion, in comparison with analysts’ estimates of $ 2.12 billion. Throughout the identical interval final yr, the agency posted $ 4.10 per share. The corporate’s quarterly earnings elevated by 21.0% in comparison with the identical quarter final yr. As a bunch, gross sales analysts count on Ulta Magnificence to launch EPS of 20.07 for the present fiscal yr.

In different information, CFO Scott M. Settersten offered 32,532 shares in a transaction on Thursday, June ninth. The shares have been offered at a mean value of $ 426.63 with a complete worth of $ 13,879,127.16. After the transaction, the CFO now immediately owns 14,037 shares of the corporate price $ 5,988,605.31. The sale was disclosed within the authorized documentation of the Securities and Alternate Fee, which is obtainable on the SEC web site. As well as, CEO Kesia Stillman offered 13,199 shares within the operation on Friday, June 3. The shares have been offered at a mean value of $ 405.02 for a complete of $ 5,345,858.98. Following the completion of the settlement, the chief working officer now immediately owns 16,627 shares of the corporate price $ 6,734,267.54. Disclosure of this sale will be discovered right here. Over the previous 90 days, insiders offered 46,207 shares of the corporate for $ 19,411,502. Insiders personal 2.00% of the corporate’s shares.

A number of institutional traders and hedge funds have just lately modified their stakes within the firm. Parkside Monetary Financial institution & Belief elevated its place in Ulta Magnificence by 59.1% through the first quarter. Parkside Monetary Financial institution & Belief now owns 70 particular retailer shares price $ 28,000 after buying a further 26 shares through the interval. Covestor Ltd elevated its stake in Ulta Magnificence by 115.9% within the 1st quarter. Covestor Ltd now owns 393 particular retailer shares valued at $ 157,000 after buying a further 211 shares within the final quarter. Delphia USA Inc. acquired a brand new stake in Ulta Magnificence within the 1st quarter price about $ 257,000. Toroso Investments LLC elevated its stake in Ulta Magnificence by 12.7% within the 1st quarter. Toroso Investments LLC now owns 1,017 specialty retailers price $ 405,000 after buying a further 115 shares within the final quarter. Lastly, Prudential PLC acquired a brand new stake in Ulta Magnificence within the 1st quarter price about $ 425,000. At present, 89.20% of shares belong to institutional traders.

Firm profile Ulta Magnificence (Get ranking)

Ulta Magnificence, Inc. operates as a cosmetics retailer in the USA. The corporate’s shops provide cosmetics, perfumes, pores and skin and hair care merchandise, tub and physique merchandise, salon styling merchandise; skilled hair merchandise; salon providers, together with hair, leather-based, make-up and eyebrow providers; and nail providers.

Additional studying

Profit history and valuation Ulta Beauty (NASDAQ: ULTA)

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