Ulta Magnificence, Inc. (NASDAQ:ULTA) Quick Curiosity Replace

Ulta Magnificence, Inc. (NASDAQ:ULTAGet Score) noticed a big development in brief curiosity in July. As of July fifteenth, there was quick curiosity totalling 1,590,000 shares, a development of 27.2% from the June thirtieth whole of 1,250,000 shares. Primarily based on a median day by day quantity of 848,500 shares, the short-interest ratio is at the moment 1.9 days. At the moment, 3.1% of the shares of the inventory are quick bought.

Insider Shopping for and Promoting at Ulta Magnificence

In different Ulta Magnificence information, CFO Scott M. Settersten bought 32,532 shares of the agency’s inventory in a transaction on Thursday, June ninth. The inventory was bought at a median worth of $426.63, for a complete worth of $13,879,127.16. Following the transaction, the chief monetary officer now owns 14,037 shares within the firm, valued at roughly $5,988,605.31. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is out there at the SEC web site. In different Ulta Magnificence information, Director George R. Mrkonic, Jr. bought 476 shares of the agency’s inventory in a transaction on Monday, June thirteenth. The inventory was bought at a median worth of $391.84, for a complete worth of $186,515.84. Following the transaction, the director now owns 2,393 shares within the firm, valued at roughly $937,673.12. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is out there at the SEC web site. Additionally, CFO Scott M. Settersten bought 32,532 shares of the agency’s inventory in a transaction on Thursday, June ninth. The inventory was bought at a median worth of $426.63, for a complete worth of $13,879,127.16. Following the completion of the sale, the chief monetary officer now immediately owns 14,037 shares of the corporate’s inventory, valued at $5,988,605.31. The disclosure for this sale might be discovered right here. Within the final 90 days, insiders have bought 46,207 shares of firm inventory price $19,411,502. Company insiders personal 2.00% of the corporate’s inventory.

Hedge Funds Weigh In On Ulta Magnificence

A number of hedge funds and different institutional traders have just lately made modifications to their positions within the inventory. Dixon Hughes Goodman Wealth Advisors LLC bought a brand new stake in Ulta Magnificence in the course of the fourth quarter price roughly $25,000. North Star Funding Administration Corp. bought a brand new stake in Ulta Magnificence in the course of the fourth quarter price roughly $27,000. Personal Capital Group LLC lifted its stake in Ulta Magnificence by 265.0% in the course of the second quarter. Personal Capital Group LLC now owns 73 shares of the specialty retailer’s inventory price $28,000 after buying a further 53 shares over the last quarter. Parkside Monetary Financial institution & Belief lifted its stake in Ulta Magnificence by 59.1% in the course of the first quarter. Parkside Monetary Financial institution & Belief now owns 70 shares of the specialty retailer’s inventory price $28,000 after buying a further 26 shares over the last quarter. Lastly, Financial institution of New Hampshire bought a brand new stake in Ulta Magnificence in the course of the first quarter price roughly $29,000. Hedge funds and different institutional traders personal 89.20% of the corporate’s inventory.

Analyst Upgrades and Downgrades

Quite a few brokerages have issued experiences on ULTA. Piper Sandler raised their goal worth on Ulta Magnificence from $465.00 to $485.00 and gave the inventory an “obese” score in a analysis word on Friday, Might twenty seventh. Raymond James raised Ulta Magnificence from an “outperform” score to a “strong-buy” score and raised their goal worth for the inventory from $475.00 to $485.00 in a analysis word on Wednesday, June twenty ninth. Citigroup raised their worth goal on Ulta Magnificence from $393.00 to $425.00 and gave the inventory a “impartial” score in a analysis report on Tuesday, Might thirty first. Jefferies Monetary Group raised Ulta Magnificence from a “maintain” score to a “purchase” score and raised their worth goal for the inventory from $400.00 to $475.00 in a analysis report on Friday, Might twenty seventh. Lastly, StockNews.com raised Ulta Magnificence from a “maintain” score to a “purchase” score in a analysis report on Tuesday. Seven analysis analysts have rated the inventory with a maintain score, fifteen have assigned a purchase score and one has given a robust purchase score to the corporate’s inventory. In response to information from MarketBeat.com, Ulta Magnificence presently has a consensus score of “Average Purchase” and a consensus goal worth of $460.05.

Ulta Magnificence Inventory Efficiency

Shares of ULTA opened at $394.28 on Tuesday. The inventory has a 50-day easy transferring common of $396.17 and a 200-day easy transferring common of $387.50. The inventory has a market capitalization of $20.43 billion, a PE ratio of 19.51, a PEG ratio of 1.82 and a beta of 1.45. Ulta Magnificence has a 1 12 months low of $330.80 and a 1 12 months excessive of $438.63.

Ulta Magnificence (NASDAQ:ULTAGet Score) final introduced its quarterly earnings information on Thursday, Might twenty sixth. The specialty retailer reported $6.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.44 by $1.86. The enterprise had income of $2.35 billion in the course of the quarter, in comparison with analysts’ expectations of $2.12 billion. Ulta Magnificence had a return on fairness of 60.83% and a internet margin of 12.03%. The enterprise’s quarterly income was up 21.0% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $4.10 EPS. Analysts predict that Ulta Magnificence will submit 20.07 EPS for the present 12 months.

Ulta Magnificence Firm Profile

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Ulta Magnificence, Inc operates as a retailer of magnificence merchandise in the USA. The corporate’s shops supply cosmetics, fragrances, skincare and haircare merchandise, tub and physique merchandise, and salon styling instruments; skilled hair merchandise; salon providers, together with hair, pores and skin, make-up, and forehead providers; and nail providers.

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