286.73 -0.43 (-0.15%)
After hours: 4:33PM EDT
|Bid||287.00 x 800|
|Ask||287.91 x 1300|
|Day's Range||280.90 - 287.61|
|52 Week Range||187.96 - 290.30|
|PE Ratio (TTM)||28.02|
|Earnings Date||Dec 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||277.65|
Ulta Beauty Inc. board member Dennis Keith Eck knows how to keep up with the Kardashians, or should we say the Jenners. Eck sold 35,000 Ulta shares, or 9.3 percent of his stake in the Bolingbrook, Illinois-based beauty retailer. The sale came as Ulta climbed 14 percent in the wake of CEO Mary Dillon’s disclosure on the Aug. 30 second-quarter conference call of an exclusive partnership with Kylie Cosmetics, the edgy cosmetic brand of Kim Kardashian West’s half sister, Kylie Jenner.
Big tech stocks are weighing on the Nasdaq-100, dropping the market-leading index to a three-week low. Trade tensions and a tariff list chock-full of the industry's profitable products suggest even lower prices before the sector resumes its bullish trajectory. Keepers of the Nasdaq-100 have broadened its scope in recent years, adding non-tech blue chips that include American Airlines Group Inc. ( AAL) and Walgreen Boots Alliance, Inc. ( WBA).
It has been a wild ride for cosmetics retailer Ulta Beauty (NASDAQ:ULTA), and now it looks that ride will take ULTA stock higher into the end of the year. From the start of decade into 2017, Ulta thrived thanks to increased adoption of photocentric social media apps catalyzing secular tailwinds in the whole cosmetics industry. During that stretch, Ulta was a company characterized by robust comparable sales growth, huge unit expansion, significant margin improvements, and really, really big earnings growth.
The stock market rebounded from early losses after strong wage growth prompted fears of more interest rate hikes. Palo Alto Networks hit a new high.
Some analysts revised their price target for Ulta Beauty (ULTA) stock following its results for the second quarter of fiscal 2018, which ended on August 4. As discussed previously in this series, Ulta Beauty surpassed analysts’ estimates for the fiscal second quarter, but its fiscal third-quarter earnings guidance lagged expectations.
The stock market was squarely lower early Tuesday. Facebook fell after a rare downgrade. Leaderboard stock Workday will report after the close.
Ulta Beauty (ULTA) generated sales of $1.49 billion in the second quarter of fiscal 2018, which ended on August 4. Ulta Beauty’s sales grew 15.4% on a year-over-year basis in the second quarter of fiscal 2018 compared to the 20.6% growth in the second quarter of fiscal 2017. Ulta Beauty’s sales grew 17.4% in the first quarter of fiscal 2018.
Specialty retailer Ulta Beauty (ULTA) beat analysts’ EPS (earnings per share) expectation of $2.41 with adjusted EPS of $2.46 in the second quarter of fiscal 2018. The company’s fiscal second-quarter EPS grew by 34.4% on a year-over-year basis. This growth rate was an improvement compared to the EPS growth rate of about 28% in the second quarter of fiscal 2017.
After falling 4.7% in after-hours trading on August 30, Ulta Beauty (ULTA) stock surged 6.4% on August 31. The rise in Ulta Beauty’s stock price on August 31 came after the company announced its partnership with Kylie Cosmetics. In its second-quarter conference call, Ulta Beauty CEO Mary Dillon mentioned that the company would be offering Kylie Cosmetics in all stores and online by the holiday season.
NEW YORK, NY / ACCESSWIRE / September 4, 2018 / Ulta shares blasted off to a new 52-week high after traders learned that Kylie Jenner's cosmetic line would hit the company's stores before the holiday season. ...
Ulta Beauty (ULTA) is performing well on the back of its loyalty program, solid omni-channel capabilities, and strong retail business and salon operations.
Retail stocks have rallied this year, but Ulta Beauty (NASDAQ:ULTA) feels like it’s been a bit left out. At its Thursday after-hours price of $233, Ulta stock has gained just 4.2% so far this year. Ulta stock has outperformed its smaller rival, Sally Beauty Holdings (NYSE:SBH), but most retailers have had a much better 2018.
After Ulta Beauty, Inc. (NASDAQ: ULTA ) demonstrated better-than-expected second-quarter results, analysts remain bullish on the beauty supply company. The Analyst Raymond James analyst Joseph Altobello ...
Retail analysts expect that the Kylie Cosmetics launch should draw heavy traffic into Ulta stores.
Aug.31 -- Bloomberg's Taylor Riggs reports on the surge in Ulta Beauty Inc. shares. She speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets: European Close."
Let's check out the Yahoo Finance charts of the day. Up first, Lululemon (LULU): shares jumping here, up around 15.4% The yoga wear brand crushed earnings and revenue expectations, with strong same store sales and guidance for the year. Next, Ulta (ULTA): shares up here, around 7.2%. The cosmetic and beauty products retailer reported an earnings beat, however revenue, and current quarter profit guidance missed Wall Street estimates. Finally, Ambarella (AMBA): shares tumbling here, down around 8.8%. The video chip maker reported an earrings beat, but its sales guidance for the current quarter came in below expectations. For more on today's big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.