ULTA Beauty (ULTA) PT Raised to $459 at Deutsche Bank

ULTA Beauty (ULTA) PT Raised to $480 at Loop Capital

December 9, 2024 7:32 AM EST

Loop Capital analyst Anthony Chukumba raised the price target on ULTA Beauty (NASDAQ: ULTA) to $480.00 (from $450.00) while maintaining a Buy rating.

The analyst comments "Ulta Beautys F3Q 2024 results were highly encouraging in our view, including a return to positive comparable sales growth,... More

ULTA Beauty (ULTA) PT Raised to $455 at Stifel

December 6, 2024 6:56 AM EST

Stifel analyst Mark Astrachan raised the price target on ULTA Beauty (NASDAQ: ULTA) to $455.00 (from $395.00) while maintaining a Hold rating.

The analyst comments "We continue to see more upside than downside for ULTA shares following better-than-expected F3Q24 results with comp... More

ULTA Beauty (ULTA) PT Raised to $500 at Canaccord Genuity

December 6, 2024 6:42 AM EST

(Updated - December 6, 2024 6:43 AM EST)

Canaccord Genuity analyst Susan Anderson raised the price target on ULTA Beauty (NASDAQ: ULTA) to $500.00 (from $476.00) while maintaining a Buy rating.

The analyst commented: "On 12/5, Ulta reported 3Q24 results with sales up +1.7% YOY, beating our/Street estimate of flat/+0.3%, with comps also up +0.6% YOY vs. our/Street... More

Edgewater Out Positive on Ulta Beauty (ULTA), 'Q4 QTD Trends Encouraging'

December 6, 2024 6:33 AM EST

Edgewater Out Positive on Ulta Beauty (NASDAQ: ULTA)

"Sequential Improvement in Business Drives EPS Upside, Q4 QTD Trends Encouraging, With Some Reservation as the Operating Environment Remains 'Dynamic'"... More

ULTA Beauty (ULTA) PT Raised to $500 at Telsey

December 6, 2024 6:28 AM EST

(Updated - December 6, 2024 6:29 AM EST)

Telsey analyst Dana Telsey raised the price target on ULTA Beauty (NASDAQ: ULTA) to $500.00 (from $450.00) while maintaining a Outperform rating.

The analyst commented: "After a turbulent first half of FY24, expectations were mostly reset, which led to the companys mid-October Investor Day acknowledgement that FY25 will be another transitional year.... More

ULTA Beauty (ULTA) PT Raised to $396 at Goldman Sachs

December 6, 2024 6:25 AM EST

Goldman Sachs analyst Kate McShane raised the price target on ULTA Beauty (NASDAQ: ULTA) to $396.00 (from $373.00) while maintaining a Neutral rating.

The analyst comments "Following ULTA's 3Q earnings beat and raised FY24 guidance, along with improved commentary around prestige market share, the... More

ULTA Beauty (ULTA) PT Raised to $510 at DA Davidson

December 6, 2024 6:24 AM EST

DA Davidson analyst Michael Baker raised the price target on ULTA Beauty (NASDAQ: ULTA) to $510.00 (from $435.00) while maintaining a Buy rating.

The analyst comments "ULTA reported a beat across the board, driven by strength in fragrance and skincare. The implied fourth... More

ULTA Beauty (ULTA) PT Raised to $495 at Raymond James

December 6, 2024 6:04 AM EST

Raymond James analyst Olivia Tong raised the price target on ULTA Beauty (NASDAQ: ULTA) to $495.00 (from $430.00) while maintaining a Outperform rating.

The analyst comments "ULTA raised its FY outlook after reporting a better than expected F3Q, with comps inflecting... More

ULTA Beauty (ULTA) PT Raised to $450 at Citi

December 6, 2024 5:03 AM EST

Citi analyst Susan Anderson raised the price target on ULTA Beauty (NASDAQ: ULTA) to $450.00 (from $390.00) while maintaining a Neutral rating.

The analyst comments "3Q EPS $5.14 beat cons $4.51 driven by stronger comps/GM/lower SG&A. The 3Q comp inflection came sooner than market... More

Ulta Beauty raises annual profit forecast, shares rise

December 5, 2024 5:04 PM EST

(Reuters) - Cosmetics retailer Ulta Beauty raised its annual profit forecast on Thursday, signaling a bounce back in demand for perfumes and makeup during the holiday shopping season and sending its shares up more than 11.5% in aftermarket trading.

The company has seen strong engagement from younger shoppers who are on the look out for both mass products and prestige brands such as Elf Beauty and Clinique by Estee Lauder, respectively, for the... More

After-hours movers: HPE, lululemon, Ulta Beauty, Docusign and more

December 5, 2024 4:48 PM EST

After-Hours Stock Movers:

Hewlett Packard Enterprise (NYSE: HPE) rose 2.75% after reporting a solid third quarter. Non-GAAP was $0.58, up 12% from the prior-year period and up 16% sequentially, above the guidance range of $0.52 to $0.57

lululemon athletica (NASDAQ:... More

Ulta Beauty (ULTA) Tops Q3 EPS by 62c; offers guidance

December 5, 2024 4:07 PM EST

Ulta Beauty (NASDAQ: ULTA) reported Q3 EPS of $5.14, $0.62 better than the analyst estimate of $4.52. Revenue for the quarter came in at $2.53 billion versus the consensus estimate of $2.49 billion.

GUIDANCE:

Ulta Beauty sees FY2024 EPS of $23.20-$23.75, versus the consensus of... More

This is what analysts will be looking for in Ulta's earnings report

December 5, 2024 12:44 PM EST

Ulta Beauty (NASDAQ: ULTA) is set to report its Q3 earnings on December 5th, with analysts from Oppenheimer forecasting a 2% same-store sales decline, in line with Street expectations.

The company continues to face competitive pressures, particularly from Kohl's (KSS) and Sephora, which have affected performance in key categories like mass cosmetics and prestige beauty.

Despite these challenges, Oppenheimer remains optimistic about Ultas longer-term prospects, stating:... More

Ulta Beauty (ULTA) call put ratio 1.6 calls to 1 put into quarter results

December 5, 2024 10:43 AM EST

Ulta Beauty (NASDAQ: ULTA) December 6 weekly call option implied volatility is at 175, December is at 60; compared to its 52-week range of 20 to 53 into the expected release of quarter results today after the bell.

... More

Baird Reiterates Outperform Rating on ULTA Beauty (ULTA)

December 5, 2024 6:50 AM EST

Baird analyst Mark Altschwager reiterated an Outperform rating and $440.00 price target on ULTA Beauty (NASDAQ: ULTA).

The analyst commented: "Maintain Outperform rating. Were anticipating FQ3 results ~in-line with consensus as mixed demand and higher promos through the quarter appear fairly consistent with expectations. Decelerating... More

Ulta Beauty (ULTA) call put ratio 1.9 calls to 1 put into quarter results

December 5, 2024 5:50 AM EST

Ulta Beauty (NASDAQ: ULTA) December 6 weekly 400 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on December 5.

... More