Ulta Beauty Inc (ULTA) concluded trading on Thursday ata closing price of $365.80, with 4.41 million shares of worth about $1.61 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.53% during that period and on August 15, 2024 the price saw a gain of about 11.17%. Currently the company’s common shares owned by public are about 48.32M shares, out of which, 47.60M shares are available for trading.
Stock saw a price change of 11.83% in past 5 days and over the past one month there was a price change of -8.66%. Year-to-date (YTD), ULTA shares are showing a performance of -25.35% which decreased to -19.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $318.17 but also hit the highest price of $574.76 during that period. The average intraday trading volume for Ulta Beauty Inc shares is 917.76K. The stock is currently trading 3.58% above its 20-day simple moving average (SMA20), while that difference is down -2.66% for SMA50 and it goes to -17.06% lower than SMA200.
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Ulta Beauty Inc (NASDAQ: ULTA) currently have 48.32M outstanding shares and institutions hold larger chunk of about 95.25% of that.
The stock has a current market capitalization of $17.46B and its 3Y-monthly beta is at 1.33. PE ratio of stock for trailing 12 months is 14.27, while it has posted earnings per share of $25.64 in the same period. Its PEG reads 2.82 and has Quick Ratio of 0.54 while making debt-to-equity ratio of 0.82. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ULTA, volatility over the week remained 3.13% while standing at 2.90% over the month.
Stock’s fiscal year EPS is expected to drop by -1.40% while it is estimated to increase by 9.25% in next year. EPS is likely to shrink at an annualized rate of 5.07% for next 5-years, compared to annual growth of 18.93% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on July 24, 2024 offering a Neutral rating for the stock and assigned a target price range of between $494 and $404 to it. Coverage by Oppenheimer stated Ulta Beauty Inc (ULTA) stock as an Outperform in their note to investors on July 15, 2024, suggesting a price target of $450 for the stock. On May 24, 2024, Telsey Advisory Group Reiterated their recommendations, while on April 29, 2024, Barclays Downgrade their ratings for the stock with a price target of $434. Stock get a Hold rating from Jefferies on April 19, 2024.
