Ulta Beauty (NASDAQ:ULTA) Issues FY25 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $22.60-23.50 for the period, compared to the consensus estimate of $23.15. The company issued revenue guidance of $11.0-11.2 billion, compared to the consensus revenue estimate of $11.16 billion.

Ulta Beauty Stock Up 1.0 %

NASDAQ:ULTA opened at $373.21 on Thursday. The stock has a market cap of $17.59 billion, a P/E ratio of 14.98, a PEG ratio of 2.12 and a beta of 1.32. The business’s 50-day moving average price is $372.09 and its two-hundred day moving average price is $388.55. Ulta Beauty has a twelve month low of $318.17 and a twelve month high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, August 29th. The specialty retailer reported $5.30 EPS for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.61 billion. Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. The firm’s revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the company earned $6.02 EPS. On average, equities research analysts expect that Ulta Beauty will post 23.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ULTA shares. Citigroup cut their price target on shares of Ulta Beauty from $375.00 to $345.00 and set a “neutral” rating on the stock in a report on Friday, August 30th. Stifel Nicolaus reduced their price target on Ulta Beauty from $475.00 to $385.00 and set a “hold” rating on the stock in a report on Friday, August 30th. Piper Sandler reaffirmed a “neutral” rating and set a $356.00 price target (down previously from $404.00) on shares of Ulta Beauty in a research report on Friday, August 30th. StockNews.com upgraded Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, September 28th. Finally, Loop Capital reduced their target price on Ulta Beauty from $520.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, September 3rd. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $423.67.

Ulta Beauty Company Profile

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.