Deep Dive Into Ulta Beauty Stock: Analyst Perspectives (28 Ratings)
Portfolio Pulse from Benzinga Insights
Ulta Beauty (NASDAQ: ULTA) has been analyzed by 28 analysts, showing a mix of bullish to bearish sentiments. The average 12-month price target is $556.07, down 1.39% from the previous $563.92. Analysts have adjusted their ratings and price targets, reflecting a nuanced view of the company's performance and market conditions. Ulta Beauty, with 1,385 stores and a partnership with Target, is a leading beauty retailer in the U.S. The company has shown strong financial health with a revenue growth rate of 10.15%, a net margin of 11.1%, and an ROE of 18.31%.
May 14, 2024 | 1:01 pm
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NEUTRAL IMPACT
Ulta Beauty has received diverse analyst ratings, with a current average price target of $556.07, reflecting a slight decrease from previous targets. The company's strong financial performance and market position as a leading beauty retailer in the U.S. are highlighted, alongside its effective cost management and efficient use of equity capital.
The mixed analyst ratings and slight adjustment in the price target reflect a cautious but still optimistic outlook on Ulta Beauty's stock. The company's strong financial indicators, such as revenue growth, net margin, and ROE, suggest a stable financial health, but the recent adjustments by analysts indicate that there are also factors that could limit stock price growth in the short term. The overall neutral score is due to these balancing factors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100