Ulta Salon Cosmetics & Fragrance on Thursday reported its seventh straight quarter of double digit sales growth.
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NASDAQ:ULTA has an EPS value of 5.4 with an EPS growth this year at 25.10%.
Ulta Salon Cosmetics and Fragrance Inc has moved 7.86% above its 50-day simple moving average of $260.46 and went up 34.15% from its 200-day simple moving average of $217.04. Earnings of $1.43 per share were up 24% year-over year.
Ulta Salon (NASDAQ:ULTA) announced quarterly earnings results on August 25 that surpassed even management’s high expectations. KSS is ahead its 52-week low with 33.67%and going down from its 52-week high price with -12.11%. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter worth approximately $120,000. The $227.15 average target is -17.24% below today’s ($274.47) stock price. Ulta Salon, Cosmetics & Fragrance’s revenue was up 21.9% compared to the same quarter past year. During the same quarter in the prior year, the company earned $1.15 EPS.
The average volume stands at 715.05 for ULTA Salon, Cosmetics & Fragrance, Inc. Jefferies maintained it with “Hold” rating and $215 target price in a May 27 report. Ulta Salon Cosmetics & Fragrance makes up approx 0.01% of Gabelli Funds’s portfolio. Ulta Salon, Cosmetics & Fragrance now has a consensus rating of “Buy” and an average target price of $250.03.
Several institutional investors have recently added to or reduced their stakes in ULTA.
03/11/2016 – Ulta Salon, Cosmetics & Fragrance, Inc. had its “hold” rating reiterated by analysts at Deutsche Bank.
Shares have surged almost 47% so far this year.
05/27/2016 – Ulta Salon, Cosmetics & Fragrance, Inc. had its “outperform” rating reiterated by analysts at Telsey Advisory Group. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company.
Ulta shares nevertheless dipped 2% in after-hours trading because the retailer set expectations for the third quarter between $1.25 and $1.30 per share, and the middle of that range misses analysts’ expectations for $1.29 per share. Finally, Buckingham Research increased their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $225.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, May 27th. The stock recent traded volume was lower as compared with its average volume of 1449590 shares. Utah Retirement Systems raised its position in Ulta Salon, Cosmetics & Fragrance by 0.9% in the fourth quarter. But it is better to note the limitations of the current P/E ratio of ULTA Salon, Cosmetics & Fragrance, Inc., as investors may often be led to believe that there is one single metric that will deliver a thorough insight into the company’s investment decision, which is virtually never the case. The company also offers cosmetics, which includes products for the face, eyes, cheeks, lips, nails, and brushes; haircare products, such as shampoos, conditioners, styling products, and hair accessories and brushes; and salon styling tools comprising hair dryers, curling irons, and flat irons.
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E-commerce sales rose 55% from the year-ago period, while salon sales increased 14%. The Company also offers a full-service salon in every store featuring hair, skin and brow services.
