Ulta Beauty (ULTA) shares surged nearly 14% in extended trading on Wednesday after a regulatory filing revealed that Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) had taken a stake in the cosmetics retailer during the second quarter.
Warren Buffett's Berkshire Hathaway took a stake in Ulta Beauty ULTA -0.76%decrease; red down pointing triangle in the second quarter while buying more shares of Chubb CB 1.70%increase; green up pointing triangle and Occidental Petroleum OXY -0.90%decrease; red down pointing triangle.
Zacks.com users have recently been watching Ulta (ULTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Ulta Beauty (ULTA) closed at $326.42 in the latest trading session, marking a -0.26% move from the prior day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Ulta Beauty offers a wider range of products, price points, and services than any competitor. The company's recent slowdown has more to do with uncontrollable circumstances and less to do with missteps.
Ulta Beauty (ULTA) closed at $367.53 in the latest trading session, marking a +0.25% move from the prior day.
Ulta Beauty (ULTA) reachead $363.30 at the closing of the latest trading day, reflecting a -1.71% change compared to its last close.
Every once in a while, the stock market becomes severely disconnected from a company's true value and fundamentals, as the stock price reflects a widening disconnect between that company's true value and what the market's feelings dictate the price is today. In other words, value investors often sit on cash reserves, waiting for these big disconnects between price and value.
Ulta (ULTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the closing of the recent trading day, Ulta Beauty (ULTA) stood at $393.12, denoting a -1.84% change from the preceding trading day.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?