Here's How Much $1000 Invested In Ulta Beauty 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Ulta Beauty (NASDAQ:ULTA) has significantly outperformed the market, with an average annual return of 30.35%, turning a $1000 investment into $56,958.33. The company's market capitalization stands at $21.11 billion.
April 15, 2024 | 4:30 pm
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Ulta Beauty's 15-year performance highlights a significant market outperformance with a 30.35% average annual return, growing a $1000 investment to $56,958.33.
The substantial growth in investment value over 15 years, coupled with Ulta Beauty's consistent market outperformance, suggests a positive outlook for the company's stock. This historical performance, especially with an average annual return of 30.35%, indicates strong company fundamentals and market confidence, likely contributing to a positive short-term impact on ULTA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100