ULTA stock icon

Ulta Beauty
ULTA

$389.29
0.61%

Market Cap: 18.6B

 

About: With 1,385 stores at the end of fiscal 2023 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the US. The firm offers makeup (41% of 2023 sales), fragrances, skin care (19% of sales), and hair care products (19% of sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.

Employees: 56,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 46 analysts
0
News positive %
of 19 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 111

7% more capital invested

Capital invested by funds: $21.5B [Q4 2023] → $23B (+$1.48B) [Q1 2024]

2% more funds holding

Funds holding: 1,012 [Q4 2023] → 1,031 (+19) [Q1 2024]

1.68% more ownership

Funds ownership: 90.38% [Q4 2023] → 92.06% (+1.68%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 13 [Q4 2023] → 13 (+0) [Q1 2024]

2% less repeat investments, than reductions

Existing positions increased: 374 | Existing positions reduced: 380

21% less call options, than puts

Call options by funds: $1.07B | Put options by funds: $1.36B

Research analyst outlook

46 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$350
10%
downside
Avg. target
$527
35%
upside
High target
$690
77%
upside

46 analyst ratings

30 positive
65%
14 neutral
30%
negative
4%
Telsey Advisory Group
Dana Telsey
28%upside
$500
Outperform
Maintained
19 Jul 2024
Oppenheimer
Rupesh Parikh
16%upside
$450
Outperform
Maintained
15 Jul 2024
Piper Sandler
Korinne Wolfmeyer
27%upside
$494
Overweight
Maintained
11 Jul 2024
Barclays
Adrienne Yih
9%downside
$355
Equal-Weight
Maintained
28 Jun 2024
JP Morgan
Christopher Horvers
40%upside
$544
Overweight
Maintained
31 May 2024

Financial journalist opinion

Based on 19 articles about ULTA published over the past 30 days