Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) – Investment analysts at William Blair boosted their Q3 2017 earnings per share (EPS) estimates for Ulta Salon, Cosmetics & Fragrance in a report released on Friday. William Blair analyst D. Hofkin now anticipates that the brokerage will post earnings per share of $1.38 for the quarter, up from their prior forecast of $1.30. William Blair also issued estimates for Ulta Salon, Cosmetics & Fragrance’s Q4 2017 earnings at $2.03 EPS, FY2017 earnings at $6.30 EPS and FY2018 earnings at $7.80 EPS.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last released its earnings results on Thursday, August 25th. The company reported $1.43 earnings per share for the quarter, beating the 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 firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the firm posted $1.15 earnings per share. The company’s quarterly revenue was up 21.9% on a year-over-year basis.

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

A number of other brokerages also recently issued reports on ULTA. RBC Capital Markets set a $270.00 price objective on Ulta Salon, Cosmetics & Fragrance and gave the company a “hold” rating in a research note on Monday, August 29th. Piper Jaffray Cos. reissued an “overweight” rating and issued a $250.00 price objective (up from $235.00) on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Saturday, June 25th. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $300.00 price objective on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Tuesday, October 4th. Royal Bank Of Canada boosted their price objective on Ulta Salon, Cosmetics & Fragrance from $225.00 to $270.00 and gave the company a “sector perform” rating in a research note on Monday, August 29th. Finally, Robert W. Baird reissued an “outperform” rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Tuesday, June 28th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $265.50.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) traded up 0.46% during trading on Monday, reaching $259.90. The company’s stock had a trading volume of 63,598 shares. Ulta Salon, Cosmetics & Fragrance has a 52-week low of $146.77 and a 52-week high of $278.63. The firm has a 50 day moving average price of $242.16 and a 200-day moving average price of $235.98. The stock has a market cap of $16.21 billion, a price-to-earnings ratio of 45.75 and a beta of 0.70.

In other news, CFO Scott M. Settersten sold 10,490 shares of the firm’s stock in a transaction on Tuesday, August 30th. The stock was sold at an average price of $251.37, for a total value of $2,636,871.30. Following the completion of the transaction, the chief financial officer now directly owns 8,103 shares of the company’s stock, valued at $2,036,851.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mary Dillon sold 51,885 shares of the firm’s stock in a transaction on Wednesday, August 31st. The stock was sold at an average price of $245.73, for a total value of $12,749,701.05. Following the completion of the transaction, the chief executive officer now directly owns 76,089 shares of the company’s stock, valued at $18,697,349.97. The disclosure for this sale can be found here. Company insiders own 6.90% of the company’s stock.

Several institutional investors have recently bought and sold shares of ULTA. HBK Sorce Advisory LLC raised its position in Ulta Salon, Cosmetics & Fragrance by 0.6% in the second quarter. HBK Sorce Advisory LLC now owns 2,075 shares of the company’s stock worth $506,000 after buying an additional 12 shares during the last quarter. Shelton Capital Management raised its position in Ulta Salon, Cosmetics & Fragrance by 0.6% in the second quarter. Shelton Capital Management now owns 3,875 shares of the company’s stock worth $944,000 after buying an additional 25 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its position in Ulta Salon, Cosmetics & Fragrance by 1.7% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 1,537 shares of the company’s stock worth $337,000 after buying an additional 25 shares during the last quarter. Brighton Jones LLC raised its position in Ulta Salon, Cosmetics & Fragrance by 0.9% in the second quarter. Brighton Jones LLC now owns 3,549 shares of the company’s stock worth $865,000 after buying an additional 30 shares during the last quarter. Finally, Concert Wealth Management Inc. raised its position in Ulta Salon, Cosmetics & Fragrance by 2.5% in the second quarter. Concert Wealth Management Inc. now owns 1,285 shares of the company’s stock worth $314,000 after buying an additional 31 shares during the last quarter. 87.11% of the stock is owned by hedge funds and other institutional investors.

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

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