Ulta Beauty Announces Third Quarter 2016 Results

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ULTA Salon (ULTA) PT Raised to $296 at Cowen Following Latest Beat and Raise

December 2, 2016 8:35 AM EST

Cowen analyst Oliver Chen reiterated an Outperform rating and raised his price target on ULTA Salon (NASDAQ: ULTA) to $296.00 (from $286.00) following 'more extraordinary growth'.

Chen commented, "Another beat-and-raise qtr, delivering a +16.7% comp & +90bps of GM expansion on strong traffic & ticket. Stock is... More

Jefferies Raises Price Target on Ulta Salon (ULTA) to $270; Reiterates Hold

December 2, 2016 8:01 AM EST

Jefferies reiterated a Hold rating on ULTA Salon (NASDAQ: ULTA), and raised the price target to $270.00 (from $255.00), following the company's 3Q earnings report. ULTA reported Comps of 16.7%, compared to the Street estimate of 14.8%, and a 2- year stack of nearly 30%. Both... More

ULTA Salon (ULTA) PT Raised to $290 at Stifel But Remains Sidelined

December 2, 2016 6:37 AM EST

Stifel analyst Mark Astrachan bumped his target on ULTA Salon (NASDAQ: ULTA) to $290.00 (from $277.00) following strong results but maintained a Hold rating.

"Overall, we believe the F3Q result indicates Ulta continues to gain meaningful share of beauty retail sales, benefiting from the... More

Ulta Salon (ULTA) Tops Q3 EPS by 3c, Comps Up 16%; Offers Guidance

December 1, 2016 4:07 PM EST

Ulta Salon (NASDAQ: ULTA) reported Q3 EPS of $1.40, $0.03 better than the analyst estimate of $1.37. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.11 billion.

Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 16.7%... More