B. Riley Issues Positive Forecast for Ulta Beauty Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – Equities research analysts at B. Riley boosted their Q4 2026 earnings per share (EPS) estimates for Ulta Beauty in a research report issued to clients and investors on Thursday, March 13th. B. Riley analyst A. Glaessgen now forecasts that the specialty retailer will post earnings per share of $7.34 for the quarter, up from their previous forecast of $7.18. B. Riley currently has a “Neutral” rating and a $330.00 target price on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. B. Riley also issued estimates for Ulta Beauty’s FY2027 earnings at $25.00 EPS.

Other equities analysts also recently issued reports about the company. Wells Fargo & Company decreased their price target on Ulta Beauty from $360.00 to $310.00 and set an “underweight” rating for the company in a research note on Friday, March 14th. Barclays decreased their price target on Ulta Beauty from $445.00 to $327.00 and set an “equal weight” rating for the company in a research note on Friday, March 14th. StockNews.com upgraded Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. DA Davidson decreased their price target on Ulta Beauty from $510.00 to $415.00 and set a “buy” rating for the company in a research note on Friday, March 14th. Finally, Piper Sandler decreased their price target on Ulta Beauty from $425.00 to $364.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $427.13.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $343.83 on Monday. The company has a market capitalization of $15.94 billion, a price-to-earnings ratio of 13.76, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. Ulta Beauty has a one year low of $309.01 and a one year high of $535.08. The stock has a 50-day simple moving average of $381.84 and a 200 day simple moving average of $386.80.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, beating the consensus estimate of $7.13 by $1.33. The company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.47 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The company’s revenue was down 1.9% on a year-over-year basis. During the same period last year, the firm earned $8.08 earnings per share.

Institutional Investors Weigh In On Ulta Beauty

A number of hedge funds have recently made changes to their positions in ULTA. Apollon Wealth Management LLC raised its holdings in shares of Ulta Beauty by 44.7% during the third quarter. Apollon Wealth Management LLC now owns 1,399 shares of the specialty retailer’s stock valued at $544,000 after buying an additional 432 shares during the last quarter. KBC Group NV raised its holdings in shares of Ulta Beauty by 305.3% during the third quarter. KBC Group NV now owns 29,726 shares of the specialty retailer’s stock valued at $11,567,000 after buying an additional 22,392 shares during the last quarter. Metis Global Partners LLC raised its holdings in shares of Ulta Beauty by 6.0% during the third quarter. Metis Global Partners LLC now owns 3,104 shares of the specialty retailer’s stock valued at $1,208,000 after buying an additional 176 shares during the last quarter. Empirical Finance LLC raised its holdings in shares of Ulta Beauty by 1.3% during the third quarter. Empirical Finance LLC now owns 3,231 shares of the specialty retailer’s stock valued at $1,257,000 after buying an additional 42 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in Ulta Beauty by 970.0% during the third quarter. Mizuho Securities USA LLC now owns 39,503 shares of the specialty retailer’s stock worth $15,371,000 after purchasing an additional 35,811 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Company Profile

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.