Ulta Beauty Inc. (ULTA)
Ulta Beauty names new CEO, hikes outlook for holiday quarter
Ulta Beauty CEO Dave Kimbell is retiring and will be replaced by Kecia Steelman, the company's chief operating officer. Ulta also hiked its fourth-quarter guidance.
Where Will Ulta Beauty Stock Be in 1 Year?
Ulta Beauty (ULTA -0.91%) investors have some good reasons to feel disappointed right now. Their stock was left out of the 2024 rally, declining 13% through mid-December while the broader S&P 500 jumped 24%.
Ulta Beauty: Shoring Up Its Fundamentals
I'm reiterating my buy rating on Ulta and boosting my price target to $490, based on 21x FY26 P/E. The company recently posted stronger-than-expected Q3 results, which featured comparable sales trends returning to positive growth. Ulta has found success in moving upmarket to "prestige brands," helping to offset macro-driven weakness in the mass beauty segment.
Ulta Beauty Looks Ready To Shine (Technical Analysis)
Ulta Beauty is a buy due to bullish price action, including higher highs and lows, and trading above its 30-week EMA for three weeks. Momentum is positive, with the Percentage Price Oscillator (PPO) indicating both short-term and long-term bullish trends. Volume analysis suggests institutional investors are accumulating ULTA, and relative strength shows recent outperformance against the S&P 500.
Ulta Beauty, Inc. (ULTA) CEO Dave Kimbell presents at Raymond James 2024 TMT & Consumer Conference (Transcript)
Ulta Beauty, Inc. (NASDAQ:ULTA ) Raymond James 2024 TMT & Consumer Conference December 11, 2024 10:40 AM ET Company Participants Dave Kimbell - CEO Paula Oyibo - CFO Conference Call Participants Olivia Tong - Raymond James Olivia Tong Okay. Well, thank you, everybody, for joining us at Raymond James' Consumer & TMT Conference.
Final Trade: GRAB, ULTA, CVX, FXI
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Here's Why Ulta Beauty Stock Popped Today
Shares of cosmetics retailer Ulta Beauty (ULTA 10.62%) popped on Friday after its financial results for the third quarter of 2024 came in above investors' expectations. Expectations were quite low and so now investors are rethinking things.
Ulta Beauty Stock Gets a Much-Needed Boost After Earnings
Beaten-down Ulta Beauty stock is notably higher Friday after the cosmetics retailer's strong earnings report and encouraging outlook.
Ulta Beauty outperforms expectations in Q3, analysts raise price target
Ulta Beauty Inc (NASDAQ:ULTA) delivered profits for the third quarter that far exceeded market expectations, sending shares of the beauty retailer more than 10% higher in early trade. Earnings per share of $5.14 topped estimates of $4.55 and were up from $5.07 in the year-ago quarter.
Ulta Beauty's stock on track for biggest gain in 2 years. One analyst says it's still undervalued.
Beauty and cosmetics company's latest earnings cheered investors and at least 17 analysts hiked stock price targets.
Ulta Beauty Stock Eyes Best Day in 2 Years
Makeup retailer Ulta Beauty Inc (NASDAQ:ULTA) is soaring 12.1% at $441.38 at last glance, enjoying the fruits of its third-quarter earnings and revenue beat.
Ulta Beauty Q3 Earnings & Sales Top Estimates, Stock Soars 12%
ULTA's Q3 results reflect higher sales and earnings amid disciplined financial management, effective expense control and favorable shrink.
