Ulta Salon (ULTA) Reports Q4 Beat, Authorizes New $2 Billion Buyback

ULTA Salon (ULTA) PT Raised to $480 at Cowen

Cowen analyst Oliver Chen raised the price target on ULTA Salon (NASDAQ: ULTA) to $480.00 (from $440.00) while maintaining an Outperform rating following results.

The analyst commented, "4Q21 EPS upside was driven by better than expected comps of +21.4% vs. Street's +19.3% and OM of 13.8% vs. Street's 12.2%... More

ULTA Salon (ULTA) PT Lowered to $420 at Stifel

Stifel analyst Mark Astrachan lowered the price target on ULTA Salon (NASDAQ: ULTA) to $420.00 (from $435.00) while maintaining a Hold rating.

The analyst commented, "Ulta reported F4Q21 results ahead of consensus and provided initial F2022 guidance about in-line with preliminary... More

ULTA Salon (ULTA) PT Raised to $385 at BMO Capital

BMO Capital analyst Simeon Siegel raised the price target on ULTA Salon (NASDAQ: ULTA) to $385.00 (from $365.00) while maintaining a Market Perform rating following results.

The analyst commented, "This evening, ULTA reported a broad-based beat, with better revenues, GM and SG&A, further... More

Ulta Beauty (ULTA) Announces New $2B Stock Buyback

Ulta Beauty (NASDAQ: ULTA) announced that the Companys board of directors approved a new share repurchase authorization of $2.0 billion, which replaces the prior authorization implemented in March 2020. Under the new program, as under the previous program, the Company may repurchase outstanding shares... More

Ulta Salon (ULTA) Tops Q4 EPS by 84c; Offers 2022 Outlook

Ulta Salon (NASDAQ: ULTA) reported Q4 EPS of $5.41, $0.84 better than the analyst estimate of $4.57. Revenue for the quarter came in at $2.73 billion versus the consensus estimate of $2.69 billion.

GUIDANCE:

Ulta Salon sees FY2022 EPS of $18.20-$18.70, versus the consensus of... More