|Bid||253.46 x 1800|
|Ask||253.51 x 900|
|Day's Range||253.44 - 260.21|
|52 Week Range||222.00 - 368.83|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||21.33|
|Earnings Date||Mar 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||281.04|
Shares of the beauty retailer, Ulta Beauty, posted a strong full year outlook. Same store sales also rose 3.1%. Yahoo Finance’s Seana Smith and Jared Blikre discuss on The Ticker.
The beauty retailer, Ulta Beauty, reported better-than-expected third quarter earnings and raised the low end of its 2020 guidance. Yahoo Finance’s Dan Roberts, Heidi Chung and Kristin Myers discuss on YFi AM.
The ULTA shares gained over 11% after reporting better-than-expected 3Q results. The cosmetics segment accounts for just over half the company's business, and despite recent weak industry trends, Ulta's market share has grown in the cosmetics category. While cosmetics growth may be muted in the near term, we see market share gains driven by new product launches in the skincare and hair categories, store expansion, and strong growth in the company's e-commerce business.
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Buy-side expectations have come way down on Ulta, leading the company to deliver a surprise earnings beat amid worsening macro and makeup industry environments, Wells Fargo analyst Ike Boruchow said in a Thursday note. Ulta's third-quarter results and outlook were better than feared, but uncertainty regarding longer-term earnings growth continues to be an overhang on the stock in the near-term, Baird analyst Mark Altschwager said in a Thursday note. Ulta saw third-quarter comps of 3.2%.
Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite. The Dow and the Nasdaq ended the session down from last Friday's close. "This type of report shows underlying economic strength, and it gives corporate management confidence in the strength of the economy," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.
After the close on Thursday, Ulta Beauty Inc. (NASDAQ: ULTA) announced a third-quarter EPS beat along with a slight miss for sales. Since the issue was firmly in the green when it was being covered on the broadcast, it was difficult for the hosts to identify an entry level for an attempt at a long position. Zoom (NASDAQ: ZM) did everything right with an EPS and sales beat, raised guidance, but is getting punished.
U.S. stocks jumped on Friday as solid monthly jobs data and upbeat comments from President Donald Trump on trade talks with China spurred riskier bets, putting the benchmark S&P 500 index on track to log its second weekly gain in a row. White House economic adviser Larry Kudlow said the Dec. 15 deadline is still in place for a new round of tariffs on Chinese goods, but Trump likes where trade talks are going.
The Dow Jones Industrial Average gained 1.2% on a strong November employment report, while the S&P 500 and the Nasdaq Composite were both trading up 1.0%.
U.S. stocks jumped on Friday as a strong jobs report and upbeat comments from President Donald Trump on trade talks with China breathed new life into markets after a roller-coaster week. The S&P 500 index is now set to end the week marginally higher.
U.S. stocks advanced on Friday as a strong jobs report and upbeat comments from President Donald Trump on trade talks with China breathed new life into markets after a roller-coaster week. "Overall, this was a very solid report and should put those fears of recession firmly in the rear view," said Michael Arone, chief investment strategist at State Street Global Advisors, Boston.
DocuSign, Big Lots and Ulta Beauty stock spiked on earnings, Goldman Sachs led the Dow Jones today as the stock market surged on November jobs data.
Ulta Beauty's (ULTA) third-quarter fiscal 2019 results reflect increased comps and gross margin. Management tweaks guidance for fiscal 2019.
Investing.com – Ulta Beauty (NASDAQ:ULTA) was surging higher Friday after its third-quarter results were not as bad as feared. But some on Wall Street see potential headwinds on the horizon for the cosmetic retailer.
U.S. stocks were set to rise on Friday after data showed domestic job growth increased by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were "moving right along". "Overall, this was a very solid report and should put those fears of recession firmly in the rear view," said Michael Arone, chief investment strategist at State Street Global Advisors, Boston. Markets already had a positive start to the day on Trump's remarks around the trade discussions.
Dow futures: The stock market rally is acting well going into Friday's jobs report. Tesla, DocuSign, Okta, Zoom and Ulta Beauty led movers late.
Ulta Beauty on Friday drew bullish remarks from analysts at Deutsche Bank, Cowen and JPMorgan, and buying interest from investors, following the beauty-products retailer's third-quarter-earnings beat. For the quarter ended Nov. 2 the Bolingbrook, Ill., company reported earnings of $2.25 a share compared with $2.18 in the year-earlier quarter. Analysts polled by FactSet were estimating the company earned $2.13.
Stocks finish higher Friday, driven by a positive jobs report and continued optimism about a trade agreement between the U.S. and China.
Ulta Beauty Inc beat quarterly profit estimates on Thursday, driven by sales of higher-margin cosmetics products, sending the retailer's shares up over 11% in extended trading. The near 30-year-old company has capitalized on booming demand for celebrity-led beauty brands, which are usually priced at a premium, and has attributed cosmetics lines from Kylie Jenner and YouTuber James Charles for driving customers to its stores. In October, Ulta said it had secured exclusive rights to sell singer Jennifer Lopez's new fragrance, PROMISE, in the United States.