Ulta Beauty (NASDAQ:ULTA) Releases FY 2025 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 25.200-25.500 for the period, compared to the consensus earnings per share estimate of 24.430. The company issued revenue guidance of $12.3 billion-$12.3 billion, compared to the consensus revenue estimate of $12.1 billion.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ULTA shares. Evercore ISI boosted their target price on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a research note on Friday. Citigroup increased their target price on Ulta Beauty from $450.00 to $550.00 and gave the stock a “neutral” rating in a research note on Monday, August 18th. Cowen reaffirmed a “hold” rating on shares of Ulta Beauty in a research note on Friday, August 29th. Weiss Ratings restated a “hold (c)” rating on shares of Ulta Beauty in a report on Wednesday, October 8th. Finally, DA Davidson upped their target price on shares of Ulta Beauty from $625.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday. Fourteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $560.88.

Ulta Beauty Stock Up 12.7%

Shares of Ulta Beauty stock opened at $601.50 on Friday. The stock has a market cap of $26.97 billion, a P/E ratio of 23.06, a P/E/G ratio of 3.53 and a beta of 0.87. Ulta Beauty has a 12-month low of $309.01 and a 12-month high of $611.90. The business’s 50 day moving average is $532.44 and its 200-day moving average is $505.96.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.61 by $0.53. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 47.46%. The company’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the firm posted $5.14 EPS. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. On average, sell-side analysts expect that Ulta Beauty will post 23.96 EPS for the current year.

Institutional Trading of Ulta Beauty

Several hedge funds have recently added to or reduced their stakes in ULTA. NewEdge Advisors LLC lifted its position in shares of Ulta Beauty by 1.1% during the 3rd quarter. NewEdge Advisors LLC now owns 2,235 shares of the specialty retailer’s stock valued at $1,222,000 after acquiring an additional 24 shares during the period. Parallel Advisors LLC boosted its position in shares of Ulta Beauty by 5.7% during the 3rd quarter. Parallel Advisors LLC now owns 630 shares of the specialty retailer’s stock worth $344,000 after acquiring an additional 34 shares in the last quarter. Orion Porfolio Solutions LLC lifted its stake in Ulta Beauty by 6.0% during the third quarter. Orion Porfolio Solutions LLC now owns 623 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 35 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of Ulta Beauty by 3.1% in the 3rd quarter. Quadrant Capital Group LLC now owns 1,201 shares of the specialty retailer’s stock valued at $657,000 after purchasing an additional 36 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its holdings in shares of Ulta Beauty by 19.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 332 shares of the specialty retailer’s stock worth $182,000 after buying an additional 55 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.