B. Riley Issues Optimistic Estimate for Ulta Beauty Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – B. Riley increased their FY2025 earnings per share estimates for Ulta Beauty in a research note issued to investors on Tuesday, January 7th. B. Riley analyst A. Glaessgen now anticipates that the specialty retailer will post earnings per share of $24.07 for the year, up from their prior forecast of $23.45. B. Riley has a “Neutral” rating and a $430.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.57 per share. B. Riley also issued estimates for Ulta Beauty’s Q1 2026 earnings at $6.29 EPS, Q2 2026 earnings at $5.22 EPS and Q3 2026 earnings at $5.21 EPS.

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

ULTA has been the subject of several other research reports. Raymond James lowered their price target on Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a report on Monday, October 14th. Wells Fargo & Company lifted their target price on shares of Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a research note on Tuesday, January 7th. Citigroup upped their price target on shares of Ulta Beauty from $450.00 to $457.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ulta Beauty from $426.00 to $424.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. Finally, StockNews.com raised shares of Ulta Beauty from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Ulta Beauty presently has an average rating of “Hold” and an average target price of $460.30.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $418.23 on Friday. Ulta Beauty has a 1-year low of $318.17 and a 1-year high of $574.76. The business has a fifty day moving average price of $402.01 and a 200-day moving average price of $384.03. The stock has a market capitalization of $19.39 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 2.38 and a beta of 1.28.

Hedge Funds Weigh In On Ulta Beauty

A number of hedge funds have recently bought and sold shares of ULTA. International Assets Investment Management LLC raised its stake in shares of Ulta Beauty by 180,713.0% during the 3rd quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock worth $481,952,000 after buying an additional 1,237,884 shares during the period. Geode Capital Management LLC lifted its holdings in Ulta Beauty by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,188,730 shares of the specialty retailer’s stock valued at $461,059,000 after purchasing an additional 10,153 shares in the last quarter. Ontario Teachers Pension Plan Board purchased a new stake in shares of Ulta Beauty during the third quarter worth about $359,480,000. Champlain Investment Partners LLC raised its position in shares of Ulta Beauty by 5.4% during the 3rd quarter. Champlain Investment Partners LLC now owns 610,400 shares of the specialty retailer’s stock worth $237,519,000 after purchasing an additional 31,540 shares during the last quarter. Finally, Alecta Tjanstepension Omsesidigt lifted its stake in Ulta Beauty by 14.4% in the 3rd quarter. Alecta Tjanstepension Omsesidigt now owns 516,405 shares of the specialty retailer’s stock valued at $200,944,000 after buying an additional 65,000 shares in the last quarter. Hedge funds and other institutional investors 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.