Ulta Beauty (NASDAQ: ULTA) Given New $450.00 Price Target at Bank of America

Ulta Beauty (NASDAQ:ULTA) had its target price upped by equities research analysts at Bank of America from $400.00 to $450.00 in a research note issued on Friday, reports. The firm presently has a “neutral” rating on the specialty retailer’s stock. Bank of America‘s price target suggests a potential upside of 18.79% from the company’s […] The post Ulta Beauty (NASDAQ:ULTA) Given New $450.00 Price Target at Bank of America appeared first on ETF Daily News. ...

Ulta Beauty( NASDAQ: ULTA )had its target rate upped by equities research study experts at Bank of America from$400.00 to$450.00 in a research study note released on Friday, records. The company currently has a”neutral” score on the specialized merchant’s supply. Financial institution of America ‘ s cost target recommends a prospective advantage of 18.79%from the firm’s present rate. Various other study experts have actually additionally just recently provided study records concerning the business. Oppenheimer raised their target cost on Ulta Beauty from $450.00 to $470.00 and also offered the firm an “outperform”score

in a record on Friday. Robert W. Baird raised their target cost on Ulta Beauty from $460.00 to $480.00 as well as offered the firm an “outperform”score in a record on Friday. Raymond James repeated an “outperform” ranking as well as provided a$485.00 target rate (up formerly from$460.00) on shares of Ulta Beauty in a record on Friday. They kept in mind that the step was an evaluation phone call. Stifel Nicolaus raised their target rate on Ulta Beauty from $400.00 to$435.00 as well as provided the firm a”favorable”ranking in a record on Friday. Ultimately, Telsey Advisory Group raised their target rate on Ulta Beauty from$415.00 to$475.00 and also offered the firm an “outperform “score in a record on Thursday, August 26th. 9 financial investment experts have actually ranked the supply with a hold score as well as eighteen have actually appointed a buy score to the business. According to information from, Ulta Beauty currently has an ordinary score of”Buy”as well as a typical rate target of$433.96. Shares of NASDAQ: ULTA opened up at$378.81 on Friday. The business has a market cap of $20.59 billion, a P/E proportion of 29.12, a P/E/G proportion of 2.02 and also a beta of 1.67. Ulta Beauty has a 52 week low of$258.00 as well as

a 52 week high of$417.85. Business has a fifty day easy relocating standard of $385.34 as well as a 200-day basic relocating standard of $363.48. Ulta Beauty (NASDAQ: ULTA )last revealed its quarterly revenues information on Thursday, December 2nd. The specialized store reported $3.94 EPS for the quarter, defeating the Zacks’agreement quote

of$2.51 by$1.43. Business had earnings of$2 billion throughout the quarter, contrasted to the agreement quote of $1.88 billion. Ulta Beauty had a return on equity of 40.49 %and also a web margin of 9.50%. Business’s profits for the quarter was up 28.6% on a year-over-year basis. Throughout the very same quarter in the previous year, business gained$1.64 incomes per share. Study experts anticipate that Ulta Beauty will certainly publish 15.09 revenues per share for the present year. In relevant information, expert Jeffrey J. Childs marketed 8,699 shares of business’s supply in a deal dated Wednesday, September 22nd. The supply was cost a typical cost of$

370.14, for a complete worth of$3,219,847.86. The deal was divulged in a lawful declaring with the SEC, which comes with the SEC web site. Experts possess 3.10 %of the firm’s supply. Big capitalists have actually lately included in or lowered their risks in the supply. MUFG Americas Holdings Corp raised its risk in shares of Ulta Beauty by 536.4% in the 3rd quarter. MUFG Americas Holdings Corp currently possesses 70 shares of the specialized seller’s supply worth$25,000 after obtaining an extra 59 shares in the last quarter. Bedel Financial Consulting Inc. purchased a brand-new risk in Ulta Beauty in the 2nd quarter valued at regarding$26,000. Lumature Wealth Partners LLC

purchased a brand-new risk in Ulta Beauty in the 3rd quarter valued at concerning$29,000. Herold Advisors Inc. acquired a brand-new risk in Ulta Beauty in the 3rd quarter valued at regarding$ 36,000. Lastly, BDO Wealth Advisors LLC boosted its holdings in Ulta Beauty by 142.9%in the 2nd quarter. BDO Wealth Advisors LLC currently has 102 shares of the specialized store’s supply valued at $35,000 after acquiring an added 60 shares throughout the last quarter. Institutional capitalists and also hedge funds very own 88.88%of the business’s supply. Concerning Ulta Beauty Ulta Beauty, Inc participates in the retail of elegance items. Its items consist of make-up, skin treatment, devices and also brushes, scent, and also bathroom as well as body. The firm was established on January 9, 1990 as well as is headquartered in Bolingbrook, IL. Suggested Story: Why is energy crucial to effective trading?

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