Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) – Equities researchers at Jefferies Group increased their FY2017 earnings estimates for Ulta Salon, Cosmetics & Fragrance in a research report issued to clients and investors on Friday. Jefferies Group analyst R. Konik now expects that the firm will post earnings per share of $6.31 for the year, up from their previous estimate of $6.21. Jefferies Group currently has a “Hold” rating and a $255.00 target price on the stock. Jefferies Group also issued estimates for Ulta Salon, Cosmetics & Fragrance’s Q4 2017 earnings at $2.06 EPS and FY2018 earnings at $7.75 EPS.

Several other analysts also recently issued reports on ULTA. Deutsche Bank AG increased their price target on Ulta Salon, Cosmetics & Fragrance from $225.00 to $280.00 and gave the company a “hold” rating in a report on Friday, August 26th. Cowen and Company increased their price target on Ulta Salon, Cosmetics & Fragrance from $265.00 to $286.00 and gave the company an “outperform” rating in a report on Friday, August 26th. Buckingham Research increased their price target on Ulta Salon, Cosmetics & Fragrance from $285.00 to $325.00 and gave the company a “buy” rating in a report on Friday, August 26th. Zacks Investment Research downgraded Ulta Salon, Cosmetics & Fragrance from a “buy” rating to a “hold” rating in a report on Friday, September 16th. Finally, Telsey Advisory Group increased their price target on Ulta Salon, Cosmetics & Fragrance from $300.00 to $310.00 and gave the company an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $265.50.

Earnings History and Estimates for Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA)

Shares of Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) opened at 262.75 on Monday. The stock’s 50 day moving average price is $242.05 and its 200-day moving average price is $234.92. The firm has a market cap of $16.39 billion, a PE ratio of 46.25 and a beta of 0.70. Ulta Salon, Cosmetics & Fragrance has a 52-week low of $146.77 and a 52-week high of $278.63.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last posted its earnings results on Thursday, August 25th. The company reported $1.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.03. Ulta Salon, Cosmetics & Fragrance had a return on equity of 26.05% and a net margin of 8.35%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the firm earned $1.15 earnings per share. The business’s revenue was up 21.9% compared to the same quarter last year.

In related news, CEO Mary Dillon sold 51,885 shares of the firm’s stock in a transaction that occurred on Wednesday, August 31st. The shares were sold at an average price of $245.73, for a total transaction of $12,749,701.05. Following the transaction, the chief executive officer now owns 76,089 shares in the company, valued at $18,697,349.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Catherine Ann Halligan sold 400 shares of the firm’s stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $239.40, for a total transaction of $95,760.00. Following the transaction, the director now owns 3,921 shares in the company, valued at approximately $938,687.40. The disclosure for this sale can be found here. 6.90% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. National Pension Service raised its position in Ulta Salon, Cosmetics & Fragrance by 9.5% in the third quarter. National Pension Service now owns 50,898 shares of the company’s stock worth $12,113,000 after buying an additional 4,399 shares in the last quarter. Highland Capital Management LLC bought a new position in Ulta Salon, Cosmetics & Fragrance during the third quarter worth approximately $423,000. Gulf International Bank UK Ltd raised its position in Ulta Salon, Cosmetics & Fragrance by 4.6% in the third quarter. Gulf International Bank UK Ltd now owns 18,018 shares of the company’s stock worth $4,287,000 after buying an additional 800 shares in the last quarter. CenturyLink Investment Management Co bought a new position in Ulta Salon, Cosmetics & Fragrance during the third quarter worth approximately $636,000. Finally, Eagle Asset Management Inc. raised its position in Ulta Salon, Cosmetics & Fragrance by 2.9% in the third quarter. Eagle Asset Management Inc. now owns 70,645 shares of the company’s stock worth $16,812,000 after buying an additional 1,982 shares in the last quarter. Institutional investors and hedge funds own 87.11% of the company’s stock.

Ulta Salon, Cosmetics & Fragrance Company Profile

Ulta Salon, Cosmetics & Fragrance, Inc is a beauty retailer. The Company operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services. The Company operates through three segments: retail stores, salon services and e-commerce. The Company also offers a full-service salon in every store featuring hair, skin and brow services.

5 Day Chart for NASDAQ:ULTA

Receive News & Stock Ratings for Ulta Salon Cosmetics & Fragrance Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Salon Cosmetics & Fragrance Inc. and related stocks with our FREE daily email newsletter.