Is Ulta Beauty Inc (NASDAQ: ULTA) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Ulta Beauty to Report Fourth Quarter and Fiscal 2023 Results on March 14, 2024.

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Stocks Info

Ulta Beauty Inc is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Specialty Retail industry. The current market capitalization of Ulta Beauty Inc is $26.64B. A total of 1.0 million shares were traded on the day, compared to an average of 680.18K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ULTA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 14 SELLs from insiders. Insiders purchased 13,773 shares during that period but sold 23,732.

In the most recent transaction, Nagler Lorna sold 500 shares of ULTA for 488.18 per share on Dec 13. After the transaction, the Director now owns 6,529 company shares. In a previous transaction on Dec 12, Caro Jodi J sold 1,804 shares at 490.02 per share. ULTA shares that GC, Chief Risk & Compl. Ofc. owns now total 5,590.

Among the insiders who sold shares, Halligan Catherine Ann disposed of 400 shares on Jun 15 at a per-share price of $450.00. This resulted in the Director holding 2,165 shares of ULTA after the transaction. In another insider transaction, MRKONIC GEORGE R JR sold 393 shares at $421.30 per share on Jun 05. Company shares held by the Director now total 2,397.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ULTA in the last 3 months, the mean price target is $554.89 with high estimates of $635.00 and low estimates of $400.00. In terms of 52-week highs and lows, ULTA has a high of $563.17 and a low of $368.02.

As of this writing, ULTA has an earnings estimate of $7.52 per share for the current quarter. EPS was calculated based on a consensus of 24 estimates, with a high estimate of $7.67 per share and a lower estimate of $7.17. The company reported an EPS of $6.02 in the last quarter, which was 2.90% higher than expectations of $5.85.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ULTA’s latest balance sheet shows that the firm has $431.56M in Cash & Short Term Investments as of fiscal 2022. There were $1.85B in debt and $1.56B in liabilities at the time. Its Book Value Per Share was $41.69, while its Total Shareholder’s Equity was $1.54B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ULTA is Buy with a score of 4.28.

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