Equities research analysts forecast that Ulta Beauty Inc (NASDAQ:ULTA) will report earnings of $2.79 per share for the current fiscal quarter, according to Zacks. Ten analysts have provided estimates for Ulta Beauty’s earnings. The lowest EPS estimate is $2.75 and the highest is $2.86. Ulta Beauty reported earnings of $2.46 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 13.4%. The company is expected to report its next quarterly earnings report on Thursday, August 29th.
On average, analysts expect that Ulta Beauty will report full-year earnings of $12.95 per share for the current year, with EPS estimates ranging from $12.88 to $13.00. For the next year, analysts expect that the business will post earnings of $14.97 per share, with EPS estimates ranging from $14.74 to $15.30. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Ulta Beauty.
Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, May 30th. The specialty retailer reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.06 by $0.02. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.74 billion. Ulta Beauty had a return on equity of 36.48% and a net margin of 9.92%. The company’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period last year, the company earned $2.70 EPS.
In other news, Director Dennis K. Eck sold 10,000 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $352.83, for a total transaction of $3,528,300.00. Following the completion of the transaction, the director now directly owns 220,000 shares of the company’s stock, valued at $77,622,600. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Mary N. Dillon sold 120,949 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $334.42, for a total value of $40,447,764.58. Following the transaction, the chief executive officer now directly owns 87,712 shares of the company’s stock, valued at $29,332,647.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 426,250 shares of company stock valued at $143,394,373. 5.60% of the stock is currently owned by corporate insiders.
Institutional investors have recently made changes to their positions in the company. Shine Investment Advisory Services Inc. grew its position in shares of Ulta Beauty by 85.0% during the first quarter. Shine Investment Advisory Services Inc. now owns 74 shares of the specialty retailer’s stock worth $26,000 after buying an additional 34 shares in the last quarter. Motco acquired a new position in shares of Ulta Beauty during the first quarter worth about $29,000. Hudock Capital Group LLC acquired a new position in shares of Ulta Beauty during the first quarter worth about $34,000. Kore Private Wealth LLC acquired a new position in shares of Ulta Beauty during the first quarter worth about $39,000. Finally, NuWave Investment Management LLC acquired a new position in shares of Ulta Beauty during the first quarter worth about $49,000. 88.37% of the stock is owned by institutional investors and hedge funds.
Shares of NASDAQ:ULTA opened at $337.48 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.93 and a quick ratio of 0.74. The stock has a market cap of $19.61 billion, a P/E ratio of 31.10, a price-to-earnings-growth ratio of 1.43 and a beta of 1.01. Ulta Beauty has a 12-month low of $224.43 and a 12-month high of $359.69.
About Ulta Beauty
Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; salon services, including hair, skin, makeup, and brow services; and others, including nail products and accessories.
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