Ulta Beauty (ULTA) to Release Earnings on Thursday

Ulta Beauty (NASDAQ:ULTA) is expected to issue its quarterly earnings data after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $7.09 per share and revenue of $3.47 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Ulta Beauty Stock Down 3.3 %

NASDAQ:ULTA opened at $342.72 on Wednesday. The stock’s 50 day moving average price is $390.90 and its 200 day moving average price is $387.73. The company has a market capitalization of $15.89 billion, a PE ratio of 13.71, a P/E/G ratio of 0.89 and a beta of 1.34. Ulta Beauty has a 52-week low of $318.17 and a 52-week high of $574.76.

Analyst Upgrades and Downgrades

ULTA has been the topic of several analyst reports. Barclays lifted their target price on Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. DA Davidson lifted their price target on Ulta Beauty from $435.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, December 6th. UBS Group lifted their price target on Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Wells Fargo & Company lifted their price target on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research note on Tuesday, January 7th. Finally, Stifel Nicolaus lifted their price objective on Ulta Beauty from $455.00 to $475.00 and gave the stock a “hold” rating in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, Ulta Beauty currently has an average rating of “Hold” and a consensus price target of $459.22.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.