On Thursday, August 25th, Ulta (ULTA - Free Report) will release its Q2 2016 earnings results. The company is currently a Zacks Rank #2 (Buy) and shares are up about 46.8% year-to-date.
David Bartosiak gave us his thoughts Ulta’s past earnings, looked at what is currently going on with the company, and he gave us his thoughts on their upcoming earnings announcement.
Furthermore, Dave looked into some potential options trades for investors looking to make a play on Ulta ahead of earnings.
Ulta in Focus
Based in Bolingbrook, IL, Ulta Salon, Cosmetics & Fragrance, Inc. operates as a specialty retailer in the United States. Its stores provide cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools.
Ulta is coming off of an earnings beat of 12.4% in its Q1 2016 earnings report, posting an EPS that was $0.16 higher than the Zacks Consensus Estimate.
Ulta has an average EPS surprise of 7.86% for the last four quarters. In Q2 2015, Ulta beat estimates by 3.6%. Ulta then went on to beat estimates in Q3 and Q4 by 5.7% and 9.7% respectively.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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On Thursday, August 25th, Ulta (ULTA - Free Report) will release its Q2 2016 earnings results. The company is currently a Zacks Rank #2 (Buy) and shares are up about 46.8% year-to-date.
David Bartosiak gave us his thoughts Ulta’s past earnings, looked at what is currently going on with the company, and he gave us his thoughts on their upcoming earnings announcement.
Furthermore, Dave looked into some potential options trades for investors looking to make a play on Ulta ahead of earnings.
Ulta in Focus
Based in Bolingbrook, IL, Ulta Salon, Cosmetics & Fragrance, Inc. operates as a specialty retailer in the United States. Its stores provide cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools.
Ulta is coming off of an earnings beat of 12.4% in its Q1 2016 earnings report, posting an EPS that was $0.16 higher than the Zacks Consensus Estimate.
Ulta has an average EPS surprise of 7.86% for the last four quarters. In Q2 2015, Ulta beat estimates by 3.6%. Ulta then went on to beat estimates in Q3 and Q4 by 5.7% and 9.7% respectively.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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