ULTA - Ulta Beauty, Inc.
| Previous Close | 330.79 |
| Open | 329.22 |
| Bid | 333.12 x 800 |
| Ask | 333.50 x 800 |
| Day's Range | 328.83 - 335.24 |
| 52 Week Range | 199.15 - 345.24 |
| Volume | 77,709 |
| Avg. Volume | 830,033 |
| Market Cap | 19.816B |
| Beta (3Y Monthly) | 1.46 |
| PE Ratio (TTM) | 30.54 |
| EPS (TTM) | 10.94 |
| Earnings Date | May 29, 2019 - Jun 3, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2012-03-16 |
| 1y Target Est | 349.52 |
- InvestorPlace•19 hours ago
Ulta Stock Might Need to Settle Down
Investors love Ulta Beauty (NASDAQ:ULTA) at the moment. Ulta stock hit an all-time high on Friday, after a blowout fiscal fourth-quarter earnings report. The 8%+ gain of Ulta stock after the company's earnings were part of a much larger pattern: Ulta Beauty stock has risen 251% in the last five years.Source: Shutterstock That's an impressive performance in any sector. In a retail industry that's had few winners in recent years, it's downright extraordinary. And Ulta stock has earned every cent of its gains. It's established a hugely successful "omnichannel" model. The company's loyalty program is a massive success. As a result, its same-store sales are the envy of the industry. * 5 Cloud Stocks to Help Your Portfolio Fly ULTA has a hugely attractive business. Indeed, I've recommended Ulta Beauty stock on this site several times, most recently in late August. But with Ulta stock soaring after last week's Q4 report, it's difficult to be quite as aggressive at these levels. Ulta stock definitely shouldn't be cheap, but at this price, it's starting to look expensive.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Has Ulta's Performance Really Been That Good?It looks like Ulta Beauty stock easily merits a huge earnings multiple. ULTA's earnings per share, excluding some items, rose 33% in fiscal 2018, which ended in January 2019. Brick-and-mortar retailers simply aren't posting that type of growth these days. So a price-earnings multiple of 25 or 30 for Ulta stock hardly seems out of line.But looking a little closer, we can see that the company's profit growth isn't quite as impressive as its headline numbers suggest. ULTA's EPS got big boosts from tax reform and share buybacks in FY18.The company's pre-tax numbers indicate that its business is doing well, but that its business is not quite as good as its headline EPS figures suggest. The company's operating profit margins actually fell 0.6 percentage points in fiscal 2018, and ULTA only expects them to rebound 0.1-0.2 percentage points in FY19.Ulta is making some investments in its business, which explains some of the pressure on its near-term profits. But as even as its sales performance remains torrid, that top-line growth isn't as profitable as it could or possibly should be. Part of that simply is a retail problem: incremental margins aren't the same as they are in tech. That's the key reason why ULTA isn't going to get the earnings multiple that tech leader like Salesforce.com (NYSE:CRM) obtain.Indeed, in FY18, ULTA's operating profit increased less than 9%. Its FY19 guidance suggests that its growth this year will be closer to 12%-14%. As a result, ULTA expects its EPS to climb 17%-18% this year, thank to its buybacks of Ulta stock. But that's notably lower than the 30%+ EPS growth it posted last year. Is the Valuation of Ulta Stock Too High?Meanwhile, investors truly are paying up for Ulta stock. ULTA trades at nearly 27 times the high end of its FY19 EPS guidance. The only other brick-and-mortar retailers getting similar multiples at the moment are Five Below (NASDAQ:FIVE) and Lululemon Athletica (NASDAQ:LULU).And it's worth noting that both FIVE and LULU seem to have hit a ceiling. Both companies posted blowout earnings toward the end of the summer (Lululemon in late August, Five Below in early September). Both stocks hit all-time highs soon after. From those highs, FIVE is down 14%, and LULU has fallen 13%.It's not impossible that well see something similar happen to Ulta stock. The company's blowout- earnings release led to a series of upgrades by analysts, as Benzinga pointed out. The three bullish analysts moved their price targets to $350, $365, and $380. The highest of those targets suggests about 11% upside in Ulta stock from its current levels.In this market, 27 times forward earnings for mid-teens growth isn't bad. But it's not exactly a steal, either. Again, I have recommended Ulta stock in the past , but the last time I touted it was when it was trading for $230 per share. Elsewhere on this site, Luke Lango accurately predicted that a new line from Kylie Jenner would boost the stock and assigned a price target of $300 to Ulta stock. In that context, $342 seems to be asking a lot. Don't Short Ulta Stock, But Consider Taking ProfitsNone of this means that Ulta Beauty stock should be shorted. A well-run, growing company with room for expansion is the exact opposite of a good short target. Indeed, at at a time when most brick-and-mortar retailers have at least reasonable short interest, ULTA largely has been left alone.But valuation matters , even in what has again become a bull market. And I question whether investors really are going to pay 30 times earnings for Ulta stock. The sector's recent history shows that investors are hesitant to give even the best retailers that valuation.Ulta Beauty still is a wonderful company. Ulta stock, however, simply isn't a bargain anymore.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post Ulta Stock Might Need to Settle Down appeared first on InvestorPlace.
- Motley Fool•yesterday
Kylie Jenner Powers Ulta Beauty to New Heights
Ulta delivers a Kardashian-fueled earnings beat.
- Motley Fool•yesterday
Call It Reverse Showrooming: These Companies Are Cashing In on Their Physical Stores
A few retailers are demonstrating that a vast, expensive network of selling space isn't necessarily a liability.
- CNBC•2 days ago
Cramer Remix: You can't invest in Kylie Jenner, but this stock could help
Jim Cramer reveals how Ulta Beauty is profiting off of its partnership with the billionaire mogul and how it could benefit your portfolio.
- Motley Fool•2 days ago
4 Things Ulta Beauty Wants You to Know
The spa and beauty products retailer looks ahead to an improvement in profitability and fewer store openings.
- Motley Fool•2 days ago
Warning Signs for Facebook, Uncertainty for Boeing
Facebook’s new focus on messaging was followed by messaging execs wishing them well on their way out, and that’s not a good sign.
- Markit•2 days ago
See what the IHS Markit Score report has to say about Ulta Beauty Inc.
Ulta Beauty Inc NASDAQ/NGS:ULTAView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for ULTA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding ULTA are favorable, with net inflows of $13.15 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Investing.com•8 days ago
Day Ahead: Top 3 Things to Watch
Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow.
- TheStreet.com•3 days ago
Jim Cramer: Ulta Paints a Great Picture in Beauty Personalization
At one time, I was very concerned about Ulta. After all, Ulta's got a store with a lot of brands, brands that can be bought through Amazon or through the sites of the brand makers. Not much here about the weather, even as Ulta is in many of the same malls, strip or otherwise, where others who have complained about the weather reside.
- Zacks•3 days ago
Top Stock Picks for the Week of Mar 18, 2019
Tracey Ryniec and Sheraz Mian take a look at three highly ranked stocks.
- GlobeNewswire•3 days ago
Bragar Eagel & Squire, P.C. is Investigating Certain Officers and Directors of Ulta Beauty, Inc. (ULTA) and Encourages ULTA Investors to Contact the Firm
NEW YORK, March 18, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Ulta Beauty, Inc. (NASDAQ: ULTA). Click.
- TheStreet.com•3 days ago
Ulta Beauty Could Be Vulnerable to a Pullback or Decline
Prices gapped higher the other day, but this may become an exhaustion gap instead of a breakaway gap. In the daily bar chart of ULTA, below, we can see an uptrend the past twelve months, but we can also see some divergences. Prices are above the rising 50-day moving average line and the bullish 200-day line, but prices are extended above both of these indicators.
- Zacks•3 days ago
Ulta Beauty (ULTA) Catches Eye: Stock Jumps 8.3%
Ulta Beauty (ULTA) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
- American City Business Journals•3 days ago
Sephora launches rewards credit card
Beauty retailer Sephora announced it will launch a new credit card this spring offering rewards beyond the retailer’s existing Beauty Insider loyalty program. Three card options will be available, including a Sephora credit card that can only be used for Sephora store and online purchases, a Sephora Visa, and a Sephora Visa Signature, Chain Store Age reported. Sephora, a brand of LVMH, will partner with Alliance Data (NYSE: ADS) to issue the cards, which will be available first only in select markets then roll out to all U.S. standalone stores and Sephora.com, the company said in a statement. Customers who apply for the credit cards and are not existing Beauty Insider members will be enrolled in the program.
- TheStreet.com•3 days ago
Ulta Beauty: Good Investing Is Not Easy
ULTA is fiscally strong and rates in the top 1% in terms of earnings predictability compared with all 1700 companies covered in Value Line's main research universe. Its share price, however, has been anything but stable. Lower prices should make true believers salivate for more.
- Business Wire•5 days ago
ULTA INVESTIGATION UPDATE by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Ulta Beauty, Inc. - ULTA
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC , announces that KSF continues its investigation into Ulta Beauty, Inc.
- Motley Fool•6 days ago
Why Ulta Beauty, Broadcom, and Aurora Cannabis Jumped Today
Earnings helped a couple of these stocks move higher.
- Investor's Business Daily•6 days ago
Intel, Microsoft Lead Dow Jones; Broadcom, Ulta Beauty Soar On Earnings
The Nasdaq composite led another stock market rally Friday. Top stocks today included semiconductor stocks, thanks to strong earnings from Broadcom.
- Benzinga•6 days ago
The Street Agrees: Buy Ulta Beauty On Q4 Earnings Beat
Retailer Ulta Beauty Inc (NASDAQ: ULTA) reported fourth-quarter results that came in better than expected, including a 9.4-percent same-store sales increase versus expectations of 7.9 percent. Credit Suisse's Michael Binetti maintains an Outperform rating on Ulta Beauty with a price target lifted from $340 to $380. Wells Fargo's Ike Boruchow maintains at Outperform, price target lifted from $280 to $350.
- CNBC Videos•2 days ago
Cramer: How Ulta Beauty is winning in retail with rewards...
Jim Cramer explains how Ulta Beauty CEO Mary Dillon is crushing the competition and taking the company to new heights.
- Yahoo Finance Video•6 days ago
Analyst Rumble: Amazon, Adobe and Ulta
Seana Smith, Brian Sozzi and Kristin Myers dive into some of the biggest analyst calls of the day on the stocks you know.
- Yahoo Finance Video•6 days ago
Ulta stock soars 10% thanks to Kylie Jenner's cosmetic line
Ulta stock soar nearly 10% after reporting better-than-expected Q4 earnings. The results were boosted by Kylie Jenner's cosmetic line. Yahoo Finance's Dan Roberts joins Jackie DeAngelis.
