DA Davidson Forecasts Stronger Earnings for Ulta Beauty

Ulta Beauty, Inc. (NASDAQ:ULTA) – Equities research analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of Ulta Beauty in a research report issued on Tuesday, January 7th. DA Davidson analyst M. Baker now expects that the specialty retailer will earn $24.00 per share for the year, up from their prior estimate of $23.52. DA Davidson currently has a “Buy” rating and a $510.00 target price on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.57 per share. DA Davidson also issued estimates for Ulta Beauty’s Q4 2025 earnings at $7.10 EPS and FY2026 earnings at $22.81 EPS.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, topping the consensus estimate of $4.45 by $0.69. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the previous year, the company posted $5.07 EPS.

Several other equities research analysts also recently weighed in on ULTA. Barclays raised their price target on Ulta Beauty from $410.00 to $445.00 and gave the stock an “equal weight” rating in a report on Thursday. Wells Fargo & Company lifted their price objective on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research note on Tuesday. Bank of America lifted their target price on shares of Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a report on Tuesday. Telsey Advisory Group reissued an “outperform” rating and set a $500.00 price target on shares of Ulta Beauty in a report on Tuesday. Finally, BMO Capital Markets lifted 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. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $460.30.

Ulta Beauty Stock Down 3.1 %

Shares of ULTA opened at $415.14 on Wednesday. The company has a market cap of $19.25 billion, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. Ulta Beauty has a twelve month low of $318.17 and a twelve month high of $574.76. The company has a 50 day moving average of $401.20 and a two-hundred day moving average of $383.86.

Hedge Funds Weigh In On Ulta Beauty

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Douglas Lane & Associates LLC raised its holdings in shares of Ulta Beauty by 5.4% during the 4th quarter. Douglas Lane & Associates LLC now owns 2,109 shares of the specialty retailer’s stock worth $917,000 after acquiring an additional 108 shares during the period. Nordea Investment Management AB increased its stake in Ulta Beauty by 14.0% during the fourth quarter. Nordea Investment Management AB now owns 32,031 shares of the specialty retailer’s stock worth $14,015,000 after acquiring an additional 3,935 shares during the last quarter. GAMMA Investing LLC raised its position in Ulta Beauty by 170.4% in the fourth quarter. GAMMA Investing LLC now owns 1,141 shares of the specialty retailer’s stock valued at $496,000 after purchasing an additional 719 shares during the period. Synovus Financial Corp lifted its position in Ulta Beauty by 5.2% in the third quarter. Synovus Financial Corp now owns 2,556 shares of the specialty retailer’s stock valued at $995,000 after buying an additional 126 shares during the last quarter. Finally, World Investment Advisors LLC acquired a new position in shares of Ulta Beauty in the 3rd quarter worth approximately $212,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

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.