We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ulta Beauty (ULTA) Laps the Stock Market: Here's Why
Read MoreHide Full Article
Ulta Beauty (ULTA - Free Report) ended the recent trading session at $537.48, demonstrating a +1.37% change from the preceding day's closing price. This change outpaced the S&P 500's 1.02% gain on the day. Elsewhere, the Dow saw an upswing of 1.62%, while the tech-heavy Nasdaq appreciated by 0.89%.
Shares of the beauty products retailer witnessed a loss of 1.19% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 13.36%, and the S&P 500's gain of 12.23%.
The investment community will be closely monitoring the performance of Ulta Beauty in its forthcoming earnings report. It is anticipated that the company will report an EPS of $6.91, marking a 3.13% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.08 billion, indicating a 8.16% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $28.44 per share and revenue of $13.22 billion. These totals would mark changes of +10.92% and +6.69%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Ulta Beauty. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.11% decrease. As of now, Ulta Beauty holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Ulta Beauty has a Forward P/E ratio of 18.64 right now. This signifies a premium in comparison to the average Forward P/E of 15.4 for its industry.
We can additionally observe that ULTA currently boasts a PEG ratio of 1.95. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Retail - Miscellaneous industry held an average PEG ratio of 1.83.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 94, putting it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Ulta Beauty (ULTA) Laps the Stock Market: Here's Why
Ulta Beauty (ULTA - Free Report) ended the recent trading session at $537.48, demonstrating a +1.37% change from the preceding day's closing price. This change outpaced the S&P 500's 1.02% gain on the day. Elsewhere, the Dow saw an upswing of 1.62%, while the tech-heavy Nasdaq appreciated by 0.89%.
Shares of the beauty products retailer witnessed a loss of 1.19% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 13.36%, and the S&P 500's gain of 12.23%.
The investment community will be closely monitoring the performance of Ulta Beauty in its forthcoming earnings report. It is anticipated that the company will report an EPS of $6.91, marking a 3.13% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.08 billion, indicating a 8.16% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $28.44 per share and revenue of $13.22 billion. These totals would mark changes of +10.92% and +6.69%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Ulta Beauty. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.11% decrease. As of now, Ulta Beauty holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Ulta Beauty has a Forward P/E ratio of 18.64 right now. This signifies a premium in comparison to the average Forward P/E of 15.4 for its industry.
We can additionally observe that ULTA currently boasts a PEG ratio of 1.95. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Retail - Miscellaneous industry held an average PEG ratio of 1.83.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 94, putting it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.