The Analyst Verdict: Ulta Beauty In The Eyes Of 31 Experts
Portfolio Pulse from Benzinga Insights
Ulta Beauty (NASDAQ:ULTA) has received mixed analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 10.42%. Analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment. Despite this, Ulta Beauty shows strong financial performance with impressive revenue growth, net margin, ROE, and ROA, and maintains a prudent debt management strategy.
October 03, 2024 | 1:00 pm
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NEGATIVE IMPACT
Ulta Beauty has seen a negative shift in analyst sentiment, with a 10.42% decrease in the average price target. Despite this, the company maintains strong financial metrics, including high revenue growth and profitability.
The decrease in the average price target by 10.42% and the predominance of 'lower' actions in analyst ratings indicate a negative short-term sentiment. However, Ulta's strong financial performance, including high revenue growth and profitability, provides a counterbalance, suggesting resilience in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100