Ulta Beauty (NASDAQ:ULTA) Price Target Lowered to $415.00 at DA Davidson

Ulta Beauty (NASDAQ:ULTA) had its target price trimmed by DA Davidson from $510.00 to $415.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has a buy rating on the specialty retailer’s stock. DA Davidson also issued estimates for Ulta Beauty’s Q1 2026 earnings at $5.76 EPS and FY2027 earnings at $26.13 EPS.

Other equities analysts also recently issued reports about the stock. StockNews.com raised shares of Ulta Beauty from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. B. Riley cut their price target on shares of Ulta Beauty from $430.00 to $330.00 and set a “neutral” rating on the stock in a report on Friday. BMO Capital Markets upped their price objective on shares of Ulta Beauty from $385.00 to $420.00 and gave the company a “market perform” rating in a report on Friday, December 6th. UBS Group upped their price objective on shares of Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a report on Friday, December 6th. Finally, Oppenheimer upped their price objective on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. 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 company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $431.13.

Ulta Beauty Price Performance

NASDAQ ULTA opened at $357.48 on Friday. The company has a fifty day moving average price of $385.01 and a 200-day moving average price of $386.94. The firm has a market cap of $16.58 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 0.89 and a beta of 1.34. Ulta Beauty has a 1 year low of $309.01 and a 1 year high of $544.36.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, topping analysts’ consensus estimates of $7.13 by $1.33. The company had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $8.08 EPS. On average, research analysts anticipate that Ulta Beauty will post 23.96 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Cornerstone Investment Partners LLC grew its position in Ulta Beauty by 3.9% during the fourth quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer’s stock valued at $289,000 after acquiring an additional 25 shares during the last quarter. RWA Wealth Partners LLC grew its position in Ulta Beauty by 1.5% during the fourth quarter. RWA Wealth Partners LLC now owns 1,867 shares of the specialty retailer’s stock valued at $812,000 after acquiring an additional 28 shares during the last quarter. Lido Advisors LLC grew its position in Ulta Beauty by 5.0% during the fourth quarter. Lido Advisors LLC now owns 626 shares of the specialty retailer’s stock valued at $272,000 after acquiring an additional 30 shares during the last quarter. Colonial Trust Co SC grew its position in Ulta Beauty by 36.9% during the fourth quarter. Colonial Trust Co SC now owns 115 shares of the specialty retailer’s stock valued at $50,000 after acquiring an additional 31 shares during the last quarter. Finally, Stonegate Investment Group LLC grew its position in Ulta Beauty by 0.5% during the fourth quarter. Stonegate Investment Group LLC now owns 6,623 shares of the specialty retailer’s stock valued at $2,881,000 after acquiring an additional 34 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

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.