Zacks Research Research Analysts Lower Earnings Estimates for Ulta Beauty, Inc. (NASDAQ:ULTA)

Ulta Beauty, Inc. (NASDAQ:ULTA) – Analysts at Zacks Research cut their Q1 2026 earnings estimates for shares of Ulta Beauty in a research report issued on Tuesday, September 10th. Zacks Research analyst A. Mohta now expects that the specialty retailer will post earnings of $6.72 per share for the quarter, down from their prior forecast of $7.04. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.24 per share. Zacks Research also issued estimates for Ulta Beauty’s Q1 2027 earnings at $7.23 EPS.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, August 29th. The specialty retailer reported $5.30 EPS for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.61 billion. Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. Ulta Beauty’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter last year, the firm posted $6.02 EPS.

ULTA has been the subject of a number of other research reports. BMO Capital Markets decreased their target price on shares of Ulta Beauty from $500.00 to $385.00 and set a “market perform” rating for the company in a research report on Friday, August 30th. Piper Sandler reissued a “neutral” rating and set a $356.00 target price (down previously from $404.00) on shares of Ulta Beauty in a research note on Friday, August 30th. StockNews.com cut shares of Ulta Beauty from a “hold” rating to a “sell” rating in a research report on Tuesday. The Goldman Sachs Group lowered their price objective on Ulta Beauty from $475.00 to $412.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. Finally, Canaccord Genuity Group cut their target price on Ulta Beauty from $522.00 to $500.00 and set a “buy” rating on the stock in a research report on Tuesday, August 27th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, Ulta Beauty has a consensus rating of “Hold” and an average target price of $425.29.

Ulta Beauty Trading Up 0.2 %

Shares of ULTA stock opened at $373.08 on Thursday. Ulta Beauty has a 1-year low of $318.17 and a 1-year high of $574.76. The stock has a market cap of $17.80 billion, a price-to-earnings ratio of 14.55, a PEG ratio of 2.10 and a beta of 1.31. The stock has a 50-day moving average of $368.39 and a 200-day moving average of $415.54.

Insider Activity

In related news, Director Catherine Ann Halligan sold 100 shares of the stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $390.08, for a total value of $39,008.00. Following the completion of the sale, the director now directly owns 2,017 shares of the company’s stock, valued at approximately $786,791.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, Director Catherine Ann Halligan sold 100 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $390.08, for a total value of $39,008.00. Following the transaction, the director now owns 2,017 shares in the company, valued at approximately $786,791.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jodi J. Caro sold 650 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of $388.68, for a total value of $252,642.00. Following the completion of the transaction, the insider now directly owns 6,801 shares of the company’s stock, valued at $2,643,412.68. The disclosure for this sale can be found here. Corporate insiders own 0.39% of the company’s stock.

Hedge Funds Weigh In On Ulta Beauty

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. UMB Bank n.a. grew its position in shares of Ulta Beauty by 83.3% during the 2nd quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 30 shares during the period. Vima LLC purchased a new stake in Ulta Beauty in the fourth quarter worth $27,000. Riverview Trust Co purchased a new stake in Ulta Beauty in the first quarter worth $30,000. Sound Income Strategies LLC raised its stake in shares of Ulta Beauty by 490.0% in the first quarter. Sound Income Strategies LLC now owns 59 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 49 shares during the period. Finally, LRI Investments LLC purchased a new position in shares of Ulta Beauty during the 1st quarter valued at $31,000. 90.39% of the stock is owned by hedge funds and other 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.