Ulta Beauty (NASDAQ:ULTA) released its quarterly earnings data on Thursday. The specialty retailer reported $2.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.41 by $0.05, Bloomberg Earnings reports. Ulta Beauty had a net margin of 9.67% and a return on equity of 32.15%. Ulta Beauty updated its Q3 guidance to $2.11-2.16 EPS.

ULTA stock opened at $244.41 on Friday. The company has a market capitalization of $14.59 billion, a price-to-earnings ratio of 29.95, a price-to-earnings-growth ratio of 1.20 and a beta of 0.72. Ulta Beauty has a 12 month low of $187.96 and a 12 month high of $261.40.

In other Ulta Beauty news, Director Vanessa Ames Wittman sold 600 shares of the business’s stock in a transaction that occurred on Friday, June 8th. The shares were sold at an average price of $249.94, for a total value of $149,964.00. Following the completion of the sale, the director now directly owns 2,785 shares of the company’s stock, valued at $696,082.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dennis K. Eck sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, June 22nd. The stock was sold at an average price of $251.53, for a total transaction of $880,355.00. Following the completion of the sale, the director now directly owns 380,294 shares of the company’s stock, valued at $95,655,349.82. The disclosure for this sale can be found here. Insiders sold 80,432 shares of company stock valued at $20,206,877 over the last three months. Insiders own 5.60% of the company’s stock.

Several research firms have weighed in on ULTA. Stifel Nicolaus reiterated a “neutral” rating on shares of Ulta Beauty in a research note on Friday. ValuEngine lowered shares of Ulta Beauty from a “sell” rating to a “strong sell” rating in a research note on Monday, July 2nd. BidaskClub upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Thursday, July 12th. Piper Jaffray Companies set a $270.00 price objective on shares of Ulta Beauty and gave the company a “buy” rating in a research note on Tuesday. Finally, Deutsche Bank set a $244.00 price objective on shares of Ulta Beauty and gave the company a “hold” rating in a research note on Monday, May 7th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $265.32.

About Ulta Beauty

Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, haircare and skincare products, bath and body products, and salon styling tools; salon services, including hair, skin, and brow services; and others, including nail products and accessories.

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Earnings History for Ulta Beauty (NASDAQ:ULTA)

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