Q1 EPS Estimates for Ulta Beauty Reduced by Zacks Research

Ulta Beauty, Inc. (NASDAQ:ULTA) – Investment analysts at Zacks Research cut their Q1 2026 earnings per share estimates for Ulta Beauty in a research note issued on Tuesday, April 1st. Zacks Research analyst R. Department now expects that the specialty retailer will earn $5.73 per share for the quarter, down from their prior estimate of $6.23. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. Zacks Research also issued estimates for Ulta Beauty’s Q2 2026 earnings at $4.87 EPS, Q3 2026 earnings at $4.56 EPS, FY2026 earnings at $22.81 EPS, Q1 2027 earnings at $6.71 EPS, Q2 2027 earnings at $5.68 EPS, Q3 2027 earnings at $5.72 EPS, Q4 2027 earnings at $7.43 EPS, FY2027 earnings at $25.54 EPS and FY2028 earnings at $28.08 EPS.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group raised Ulta Beauty from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $384.00 to $423.00 in a report on Tuesday. Oppenheimer increased their price objective on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Morgan Stanley decreased their target price on shares of Ulta Beauty from $500.00 to $460.00 and set an “overweight” rating for the company in a report on Friday, March 14th. Canaccord Genuity Group cut their price target on shares of Ulta Beauty from $538.00 to $526.00 and set a “buy” rating on the stock in a report on Friday, March 14th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Ulta Beauty from $480.00 to $475.00 and set an “overweight” rating for the company in a report on Friday, March 14th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, Ulta Beauty has a consensus rating of “Hold” and an average target price of $427.61.

Ulta Beauty Stock Down 2.3 %

Ulta Beauty stock opened at $359.36 on Thursday. Ulta Beauty has a twelve month low of $309.01 and a twelve month high of $460.00. The company has a market capitalization of $16.66 billion, a P/E ratio of 14.38, a PEG ratio of 0.89 and a beta of 1.34. The stock’s 50 day moving average is $369.03 and its 200 day moving average is $385.97.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.13 by $1.33. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The company had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.47 billion. During the same period last year, the business earned $8.08 EPS. Ulta Beauty’s quarterly revenue was down 1.9% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Cornerstone Investment Partners LLC raised its holdings in Ulta Beauty by 3.9% during the fourth quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer’s stock valued at $289,000 after acquiring an additional 25 shares during the period. RWA Wealth Partners LLC raised its stake in Ulta Beauty by 1.5% during the 4th quarter. RWA Wealth Partners LLC now owns 1,867 shares of the specialty retailer’s stock valued at $812,000 after purchasing an additional 28 shares during the period. Lido Advisors LLC lifted its holdings in Ulta Beauty by 5.0% in the 4th quarter. Lido Advisors LLC now owns 626 shares of the specialty retailer’s stock worth $272,000 after purchasing an additional 30 shares in the last quarter. Colonial Trust Co SC boosted its stake in Ulta Beauty by 36.9% in the 4th quarter. Colonial Trust Co SC now owns 115 shares of the specialty retailer’s stock worth $50,000 after purchasing an additional 31 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in Ulta Beauty by 35.6% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 118 shares of the specialty retailer’s stock valued at $43,000 after buying an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insiders Place Their Bets

In other Ulta Beauty news, insider Jodi J. Caro sold 902 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $369.16, for a total value of $332,982.32. Following the completion of the transaction, the insider now directly owns 7,632 shares in the company, valued at $2,817,429.12. This represents a 10.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.39% of the company’s stock.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.