B. Riley Issues Optimistic Forecast for Ulta Beauty Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – B. Riley lifted their Q4 2026 EPS estimates for Ulta Beauty in a research note issued to investors on Thursday, March 13th. B. Riley analyst A. Glaessgen now forecasts that the specialty retailer will post earnings per share of $7.34 for the quarter, up from their prior forecast of $7.18. B. Riley currently has a “Neutral” rating and a $330.00 price objective on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. B. Riley also issued estimates for Ulta Beauty’s FY2027 earnings at $25.00 EPS.

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. The business had revenue of $3.49 billion for the quarter, compared to analysts’ expectations of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.08 earnings per share.

A number of other equities research analysts have also weighed in on ULTA. Oppenheimer raised their price objective on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. DA Davidson decreased their price target on Ulta Beauty from $510.00 to $415.00 and set a “buy” rating for the company in a report on Friday. UBS Group upped their price objective on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Wells Fargo & Company decreased their target price on Ulta Beauty from $360.00 to $310.00 and set an “underweight” rating for the company in a research note on Friday. Finally, Citigroup dropped their price target on shares of Ulta Beauty from $405.00 to $365.00 and set a “neutral” rating on the stock in a research note on Monday. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $427.13.

Ulta Beauty Price Performance

ULTA opened at $356.99 on Monday. The business has a fifty day moving average price of $383.53 and a 200 day moving average price of $386.87. Ulta Beauty has a 12 month low of $309.01 and a 12 month high of $544.36. The stock has a market capitalization of $16.55 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 0.89 and a beta of 1.34.

Institutional Investors Weigh In On Ulta Beauty

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of Ulta Beauty in the fourth quarter valued at $6,565,000. Berkeley Inc grew its stake in Ulta Beauty by 75.8% in the 4th quarter. Berkeley Inc now owns 10,440 shares of the specialty retailer’s stock valued at $4,541,000 after acquiring an additional 4,501 shares during the last quarter. Siemens Fonds Invest GmbH increased its holdings in Ulta Beauty by 1,015.9% during the 4th quarter. Siemens Fonds Invest GmbH now owns 11,851 shares of the specialty retailer’s stock valued at $5,154,000 after acquiring an additional 10,789 shares in the last quarter. GHE LLC raised its position in Ulta Beauty by 17.9% during the fourth quarter. GHE LLC now owns 4,076 shares of the specialty retailer’s stock worth $1,773,000 after acquiring an additional 620 shares during the last quarter. Finally, Park Square Financial Group LLC purchased a new stake in shares of Ulta Beauty in the fourth quarter valued at about $123,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.