Ulta Beauty Stock Forecast, Price & News NASDAQ:ULTA

Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. Investors have good reason to expect this positive momentum to continue. Ulta Beauty issued a conservative outlook for 2023 that still calls for comps to rise by 4% to 5%. Most powertrend other national retailers are projecting flat results or modest declines this year following several years of strong growth. Ulta Beauty’s traffic gains will be boosted by the addition of around 30 new stores. These strong financial metrics further support my investment thesis that Ulta Beauty is a well-managed company with a bright future.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

  • Asia also has three of the largest economies in the world, namely India, China, and Japan.
  • His investors didn’t mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957.
  • It’s packed with all of the company’s key stats and salient decision making information.
  • There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

That’s relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of September 25, 2023 (21.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they’re under-valued. Ulta Beauty is the largest beauty retailer in the United States, with a strong track record of growth and profitability. The company’s unique business model, which combines a broad assortment of products with a wide range of services, has been key to its success. Ulta Beauty still looks like the more attractive buy here, though. It is winning market share in the makeup industry and is far more profitable.

Financials

Still, the retailer is expecting about 1% growth this year, while Ulta Beauty is expecting between 4% and 5% gains. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. This is useful for obvious reasons, but can also put the current day’s intraday gains into better context by knowing if the recently completed trading day was up or down. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books.

  • The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days).
  • Unsurprisingly, Asia Pacific was the largest market in 2022 and is expected to be the fastest growing moving forward.
  • After the P/E ratio, it’s one of the most common valuation metrics.
  • ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
  • This goes to show that when a company offers the right products, people will find a way to buy them.

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

ULTA Stock News Headlines

The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. Some of the items you’ll see in this category might look very familiar, while other items might be quite new to some. As an investor, you want to buy stocks with the highest probability of success.

By accounting for growth, it could also help you if you’re comparing the stock prices of multiple high-growth companies. Ulta Beauty’s current stock price divided by its per-share earnings (EPS) over a 12-month period gives a “trailing price/earnings ratio” of roughly 15x. In other words, Ulta Beauty stocks trade at around 15x recent earnings.

So naturally, the potential for social media firms to earn money and expand their user bases is quite big in Asia. As a whole, the global social media market was worth $193 billion in 2022 and is expected to sit at $231 billion by the end of this year. From then until 2027, the sector is projected to grow at a compounded annual growth rate (CAGR) of 17.1% to be worth $434 billion by the end of the forecast period. Unsurprisingly, Asia Pacific was the largest market in 2022 and is expected to be the fastest growing moving forward.

Nasdaq

Ulta Beauty Inc. closed $177.17 below its 52-week high ($556.60), which the company reached on May 1st. Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals. Investors have placed discounts on both Dollar General (DG 9.16%) and Ulta Beauty (ULTA oanda review -0.86%) stocks this year. That’s not a surprise given that the retailers each recently described worsening selling conditions as they reduced their 2023 outlooks. As a result, the two stocks have been left out of the rally in the S&P 500 this year. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

Ulta Beauty News

Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). Shareholder Equity (which is the difference between Total Assets and Total Liabilities) temporary framework can be found on the Balance Sheet. Growth traders and investors will tend to look for growth rates of 20% or higher. That does not mean that all companies with large growth rates will have a favorable Growth Score.

Ulta Beauty NewsMORE

“These milestone achievements demonstrate the power of Ulta Beauty’s differentiated model,” CEO Dave Kimbell said in a press release. Ulta isn’t struggling under the weight of rising costs, either. Gross profit margin rose for a second consecutive year, improving to 40% of sales in 2022 from 39% of sales in 2021.

The valuations for these stocks are sitting near their lows for the year, reflecting pessimism on Wall Street about the short-term growth picture. Investors are paying less than 1 times sales for Dollar General today, compared to the price-to-sales (P/S) ratio of 1.6 for much of the last three years. Its P/S ratio is 2.2, down from over 3 during the high-growth phases of the pandemic. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. In general, a lower number or multiple is usually considered better that a higher one. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more.

For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock.