Ulta Beauty Announces Second Quarter 2017 Results

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ULTA Salon (ULTA) PT Lowered to $242 at Wells Fargo; Shifting Narrative Overshadows Fundamental Strength

August 25, 2017 6:39 AM EDT

Wells Fargo lowered its price target on ULTA Salon (NASDAQ: ULTA) to $242.00 (from $290.00) while maintaining a Market Perform rating.

Analyst Ike Boruchow said the Bull/Bear "tug of war" in the stock will continue following results. Boruchow said for the... More

BMO Capital Downgrades ULTA Salon (ULTA) to Market Perform; Clouds on the Horizon

August 25, 2017 6:00 AM EDT

BMO Capital downgraded ULTA Salon (NASDAQ: ULTA) from Outperform to Market Perform with a price target of $235.00 (from $345.00).

Analyst Shannon Coyne sees clouds on the horizon reinforced by the 2Q/17 quarterly print that, in our view, despite the recent contraction in the multiple, skews risk to the downside and causes us to step to the sidelines.

Clouds... More

Ulta Salon (ULTA) Tops Q2 EPS by 5c, Guides Roughly In-Line

August 24, 2017 4:05 PM EDT

Ulta Salon (NASDAQ: ULTA) reported Q2 EPS of $1.83, $0.05 better than the analyst estimate of $1.78. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.28 billion.

GUIDANCE:

Ulta Salon sees Q3 2017 EPS of $1.63-$1.68, versus the consensus of $1.68. Ulta Salon sees Q3 2017... More