|Bid||232.00 x 800|
|Ask||237.20 x 800|
|Day's Range||231.66 - 235.44|
|52 Week Range||187.96 - 261.40|
|PE Ratio (TTM)||24.46|
|Earnings Date||Aug 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||270.00|
One of the surprise sectors of 2018 is retail stocks. For several years, analysts have warned about impending doom for brick-and-mortars. Significantly declining foot traffic not only represented a major headwind, but skeptics pondered how retailers could fight back. Moreover, e-commerce, specifically Amazon (NASDAQ:AMZN) has disrupted the traditional marketplace.
Ulta Beauty, Inc. (ULTA) today announced that the Company will conduct a conference call to discuss its second quarter 2018 results on Thursday, August 30, 2018 at 5:00 p.m. Eastern Time / 4:00 p.m. Central Time. A press release detailing the Company’s second quarter 2018 results will be issued after the market closes and prior to the call. The conference call will be hosted by Mary Dillon, Chief Executive Officer, and Scott Settersten, Chief Financial Officer.
HSN, once known as the Home Shopping Network, is getting an image makeover. A U.S. television network where shoppers can buy everything from electronics to kitchen gadgets, HSN is overhauling its lineup to offer more beauty products while adding streamed video content to win over shoppers without cable TV. A division of Qurate Retail Group, the network is facing growing competition from Amazon Inc. and Evine Live Inc for consumers like 24-year old Erin Bounds, who regard buying products through TV shows a relic of the past.
Ulta Beauty (ULTA) stock has a “buy” rating from the majority of analysts. As of July 30, Ulta Beauty was rated a “buy” by 67% or 18 out of 27 analysts covering the beauty retailer. Ulta Beauty has been delivering double-digit sales growth even amid challenging conditions in the retail market where Amazon (AMZN) and other online retailers have been taking the market share of traditional retailers.
Ulta Beauty (ULTA) stock has exceeded analysts’ earnings expectations in eight of the past nine quarters. Including one-time items, Ulta Beauty’s reported EPS grew 31.7% to $2.70 in the fiscal first quarter. Ulta Beauty’s adjusted EPS growth in the fiscal first quarter was driven by a 17.4% rise in its sales and lower taxes.
Ulta Beauty (ULTA) has rapidly established itself in the retail beauty space. In fiscal 2017, which ended on February 3, 2018, Ulta Beauty’s sales grew 21.2% to $5.9 billion. Ulta Beauty plans to increase its sales by expanding its store network, boosting its e-commerce sales, focusing on its loyalty program, and enhancing its merchandise offerings in growth categories.
Ulta Beauty (ULTA) stock fell 2.6% on July 30 after Jefferies removed the company from its franchise pick list. Jefferies’ franchise pick list consists of the firm’s highest conviction “buy” stock opinions. Ulta Beauty stock has risen 8.9% on a YTD (year-to-date) basis as of July 30.
The dog days of summer are here. And while some investors would like to take a vacation, the U.S. stock market has other ideas. A number of huge post-earnings moves — notably in social media stocks Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR) — have driven volume and volatility higher.
MARKET PULSE Cowen analysts led by Oliver Chen have bumped the price target for LVMH Moet Hennessey Louis Vuitton SE (fr:mc) to €355.00 from €318.00 after the company announced first-half results on Tuesday.
Let's begin with lip gloss Last October, I told you that Ulta Beauty Inc. would join Town & Country Village at Fulton and Marconi avenues. Ulta (Nasdaq: ULTA) will debut in the center on Aug. 10, according to center owner Donahue Schriber. Its locations also offer salon services.
Ulta Beauty (ULTA) is a consistently fast-growing beauty company with a stock chart that appears poised for 15-20% upside potential by the end of 2018. Ulta operates 1,107 stores and plans to open approximately 100 new stores by the end of the 2018. In 2013, online sales were $96 million, and for the last full year (2017), the online sales grew to $569 million, close to a 600% increase.
Zacks.com highlights: Comfort Systems USA, Ulta Beauty, Chipotle Mexican Grill, Expeditors International of Washington and Five Below
Well you simply can’t ignore the fact that concerns related to trade war have to an extent subdued business environment and impacted consumer confidence. Nevertheless, this did not deter people from buying motor vehicles or splurging in restaurants or purchasing a range of other goods. Americans continued their shopping spree supported by strengthening labor market, lower taxes and modest improvement in income.Source: Shutterstock
Ulta Beauty's (ULTA) robust strategies, store-expansion initiatives and impressive e-commerce growth will help it continue with its stellar show.
After an impressive rally off its lows for Netflix (NASDAQ:NFLX), it helped lead tech out of an early rout on Tuesday. Unsurprisingly, that gave a big boost to stocks on the day. Any surprise we’re starting with Netflix as our first trade? After slipping as much as 14% after it reported a disappointing second-quarter earnings report, NFLX stock quickly erased a majority of those losses.
Banks have been a disappointment to the bulls. So far this year, the money center group is down 7% vs. gains of 14% and 5% for the Nasdaq and the S&P 500 respectively.
Carmel, Indiana headquartered KAR Auction Services Inc.'s shares rose slightly by 0.27%, finishing Wednesday's trading session at $58.70. A total volume of 1.03 million shares was traded, which was higher than their three months average volume of 869,060 shares.
Ulta Beauty (ULTA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
LONDON, UK / ACCESSWIRE / June 28, 2018 / If you want access to our free earnings report on Ulta Beauty, Inc. (NASDAQ: ULTA), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ULTA. The Company reported its first quarter fiscal 2018 operating and financial results on May 31, 2018. Additionally, the Company provided its guidance for FY18.
Because I've earned a good 8.8 percent for 11 years, I think my wife ought to leave well enough alone and stay away from this money. Should I allow my wife to influence and co-manage our stock selections? We'll accept your response. — TR, Punta Gorda, Fla.
Let’s talk about the popular Ulta Beauty Inc (NASDAQ:ULTA). The company’s shares saw a significant share price rise of over 20% in the past couple of months on the NasdaqGS.Read More...