Back to top

Image: Bigstock

Ulta Beauty (ULTA) Catches Eye: Stock Jumps 8.3%

Read MoreHide Full Article

Ulta Beauty, Inc. (ULTA - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $304.65 to $315.44 in the past one-month time frame.

The company has seen four negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Ulta Beauty currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Ulta Beauty Inc. Price

Investors interested in the Retail – Miscellaneous industry may consider MarineMax, Inc. (HZO - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is ULTA going up? Or down? Predict to see what others think: Up or Down

Is Your Investment Advisor Fumbling Your Financial Future?

See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”

Click to get it free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Ulta Beauty Inc. (ULTA) - free report >>

MarineMax, Inc. (HZO) - free report >>

Published in