With 0.63 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.94 million shares. The 52-week range on ULTA shows that it touched its highest point at $491.98 and its lowest point at $309.01 during that stretch. It currently has a 1-year price target of $478.91. Beta for the stock currently stands at 1.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ULTA was up-trending over the past week, with a rise of 0.77%, but this was up by 14.62% over a month. Three-month performance surged to 32.20% while six-month performance rose 9.73%. The stock gained 20.97% in the past year, while it has gained 8.51% so far this year. A look at the trailing 12-month EPS for ULTA yields 25.61 with Next year EPS estimates of 25.81. For the next quarter, that number is 4.93. This implies an EPS growth rate of -7.94% for this year and 10.64% for next year. EPS is expected to grow by 4.04% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.84%.
Float and Shares Shorts:
At present, 45.04 million ULTA shares are outstanding with a float of 44.80 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ULTA since 17 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $25.66835 being high and $25.18764 being low. For ULTA, this leads to a yearly average estimate of $25.4981.