1 Growth Stock Down 28% to Buy Right Now
Ulta Beauty (ULTA -1.52%) could use a touch-up to its makeup with its shares down about 28% from their 52-week high. Nevertheless, investors focusing too much on the company's rough stock market performance from 2024 might be missing the bigger picture.
Why Ulta Beauty (ULTA) Dipped More Than Broader Market Today
Ulta Beauty (ULTA) closed at $412.15 in the latest trading session, marking a -1.52% move from the prior day.
Ulta Beauty Inc. (ULTA) Is a Trending Stock: Facts to Know Before Betting on It
Ulta (ULTA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Ulta Beauty (ULTA) Stock Declines While Market Improves: Some Information for Investors
Ulta Beauty (ULTA) reachead $413.24 at the closing of the latest trading day, reflecting a -0.42% change compared to its last close.
Ulta Beauty: An Excellent Business Still Selling At A Fair Price
Ulta Beauty exhibits operational excellence and adaptability to the changing market trends. The company promoting its CEO from within the company instead of hiring an outsider indicates all the operation excellence they have demonstrated in the past will continue. The Haircare and Wellness category can be Ulta Beauty's growth engine moving forward.
Ulta Beauty (ULTA) Stock Slides as Market Rises: Facts to Know Before You Trade
In the latest trading session, Ulta Beauty (ULTA) closed at $418.44, marking a -0.88% move from the previous day.
Retail crime 'queenpin' to pay millions in restitution to Ulta, other retailers for theft ring
Michelle Mack, the California "queenpin" accused of running a retail crime ring that targeted Ulta Beauty stores, will have to pay the company and other retailers millions of dollars in restitution. Mack struck a plea deal with prosecutors last year and agreed to spend five years and four months in state prison.
Prediction: Ulta Beauty Stock Will Beat the Market. Here's Why.
For investors looking to beat the market, there's no need to become an expert in complex subjects such as artificial intelligence, quantum computing, or biotechnology. Simple ideas can produce market-beating stocks too, including cosmetics retailer Ulta Beauty (ULTA -2.01%).
Ulta Beauty (ULTA): Strong Industry, Solid Earnings Estimate Revisions
Ulta Beauty (ULTA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
If You'd Invested $5,000 in Ulta Beauty Stock 5 Years Ago, Here's How Much You'd Have Today
Future returns remain investors' primary concern. However, looking at past stock returns can also impart wisdom.
Ulta Beauty: Market Overreaction Creates A Buy Opportunity
Ulta Beauty is down over 15% YTD, driven by concerns over increased competition and weaker economic activity, which could impact its revenue and earnings. Despite a slight YoY revenue increase last quarter, the overall trend is slowing down compared to previous years. Ulta faces competition from Sephora, Amazon, Walmart, and Sally Beauty but benefits from a unique loyalty program and a unique business model, which has demonstrated strong competitiveness.
Ulta Beauty price target raised to $445 from $410 at Barclays
Barclays raised the firm's price target on Ulta Beauty to $445 from $410 and keeps an Equal Weight rating on the shares. The company's preliminary Q3 results were ahead of expectations, the analyst tells investors in a research note. The firm also views the new CEO announcement favorably, saying Kecia Steelman has more than 10 years of experience at Ulta in all aspects of operations, real estate, growth, and strategy. However, it remains on the sidelines, noting the beauty backdrop remains "competitively challenging in the near-term."
