Ulta Beauty Inc. (ULTA) Posts Earnings Results, Beats Estimates By $0.05 EPS

Ulta Beauty Inc. (ULTA) Posts Earnings Results, Beats Estimates By $0.05 EPS

WARNING: "Ulta Beauty Inc". ULTA reported Q2 comps and EPS of +11.7% and $1.83 vs. our 12.5% and $1.78. Buy It!" with publication date: "August 24, 2017. The stock has "Hold" rating by Stifel Nicolaus on Monday, October 10. (NYSE:BDC), 6 have Buy rating, 0 Sell and 5 Hold. The stock tapped a 52-week high of US$29.77 while the mean 12-month price target for the shares is US$25.46. Raymond James upgraded the shares of ULTA in report on Thursday, February 11 to "Strong Buy" rating. On Tuesday, July 11 the stock rating was maintained by Oppenheimer with "Buy". According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $94.86 on company shares.

In the market the company is trading down since yesterday's close of $233.71. About 7.89M shares traded or 557.50% up from the average. Loring Wolcott & Coolidge Fiduciary Advisors Llp who had been investing in Illinois Tool Works for a number of months, seems to be bullish on the $47.41B market cap company. Shares last traded at $212.36 significantly below the 50 day moving average of $249.47 and which is well below the 200 day moving average of $277.02. Ulta Beauty also saw unusually large options trading on Thursday. Traders bought 23,425 put options on the stock. First Personal Financial Serv reported 0% of its portfolio in Ulta Beauty Inc (NASDAQ:ULTA). Its up 0.03, from 1.03 in 2016Q3. (ULTA) was recorded at 8.8 percent, operating profit margin was 13.7 percent, while gross profit margin stands at 36 percent.

For Q3, the company is targeting sales in the range of $1.331 to $1.353 billion, straddling the Street view of $1.333 billion.

In the second quarter ended July 29, net sales increased 20.6% to $1.28 billion from $1 billion in last year's second quarter. "As a result, we chose not to run incremental promotions in July in order to comp over significant clearance activity at the end of the second quarter a year ago".




23 analysts on average are expecting ULTA Salon, Cosmetics & Fragrance, Inc.to report earnings of $1.68 per share for the current quarter. Nomura Holdg reported 0% of its portfolio in Ulta Beauty Inc (NASDAQ:ULTA). "(ULTA) Given a $300.00 Price Target at KeyCorp" was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are accessing this news story on another website, it was stolen and republished in violation of USA and worldwide copyright and trademark legislation. Airain holds 0.04% of its portfolio in Belden Inc. Catherine Ann Halligan, Director let go of $156,180 worth of shares at an average price of $312.36 on June 5th. Dillon Mary also sold $9.71 million worth of Ulta Beauty Inc (NASDAQ:ULTA) shares. Envestnet Asset Management Inc, a Illinois-based fund reported 17,256 shares. Asset holds 0.09% or 1,712 shares in its portfolio. The disclosure for this sale can be found here.

Here are a few additional firms who have increased or decreased their stake in (ULTA). The latest exchange of 6.24 Million shares is above its average trading activity of 6.05 Million shares. Ulta Beauty Inc (NASDAQ:ULTA) has risen 41.46% since August 25, 2016 and is uptrending. The Central Bank & Trust Co holds 17,264 shares with $2.07 million value, down from 26,582 last quarter. Cetera Investment Advisers boosted its stake in shares of Ulta Beauty by 18.1% in the second quarter. Columbus Circle Invsts owns 16,407 shares for 0.02% of their portfolio. Seven Eight Capital Llc sold 1,300 shares as Ulta Salon Cosmetcs & Frag I (ULTA)'s stock rose 6.88%.

C M Bidwell & Associates Ltd decreased Colfax Corporation (NYSE:CFX) stake by 89,770 shares to 38,135 valued at $1.37M in 2016Q4. Hedge funds and other institutional investors own 85.68% of the company's stock. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company's own private label.

Related Articles

  • Filters Are Coming: Facebook Gets a 'Game of Thrones' Mask

    Filters Are Coming: Facebook Gets a 'Game of Thrones' Mask

    If when the dead finally get to the Wall we see a wight or White Walker touch it and explode, this is what we'll expect to happen. This idea is key to how the Night King has such a diverse army behind him, rather than just a barrage of reanimated corpses.
    Apple to invest $1.3B in Iowa

    Apple to invest $1.3B in Iowa

    Apple did not immediately respond to a request for comment as to why it picked Waukee, which is just outside of Des Moines. In addition to the promised 50 jobs , Apple has agreed to buy 2,000 acres of land for the $1.4 billion project.
    Trump on NAFTA: 'We'll end up probably terminating'

    Trump on NAFTA: 'We'll end up probably terminating'

    In fact, 40 percent of USA imports from Mexico originate with US companies and contain American designed and made parts. But that it would be a mistake to use NAFTA negotiations to shut off America and to cut down trade.
  • My White House is great and so's John Kelly, says Trump

    My White House is great and so's John Kelly, says Trump

    The 200-year-old house greatly needed the $3.4 million renovation, according to White House officials. Says Mnuchin: "The government intends to pay its debt and the debt ceiling will be raised".
    Samsung heir guilty of bribery, jailed for five years

    Samsung heir guilty of bribery, jailed for five years

    Instead, Samsung has insisted that a merger of two companies at the centre of the scandal was about creating business benefits. They are on trial over charges of receiving bribes from local firms including Samsung , with the ruling expected in October.
    Counterprotest derails 'free speech' rally in USA  city

    Counterprotest derails 'free speech' rally in USA city

    The president also praised the Boston mayor and law enforcement officials for quickly quelling the violence that broke out. There were about 40,000 counter-protesters in Common Saturday to speak out against the "Boston Free Speech" rally .
  • Jose Mourinho: United have moved up a level

    Jose Mourinho: United have moved up a level

    Mourinho refused to take credit for the substitutions that changed the game, preferring to deflect the spotlight onto his players. We are delighted for him, he can be really pleased with his overall performance since he has been here.
    Here are some New Updates from Google's Android 'Oreo'

    Here are some New Updates from Google's Android 'Oreo'

    The update version 1.11.617.3 was released for the smartphone according to the official change log posted by HTC on its website. However, a smartphone has to be registered to the Android Beta Program to be able to participate in the testing stage.

    PBT Extra: Celtics playing long game in Kyrie Irving trade

    But, in doing so, they traded Isaiah Thomas a year after he averaged 28.9 points per game and carried them to a 53-29 record. He was more than just a sidekick to James . "I think that Isaiah should be fine and healthy as the season goes along".
  • Nadal Advance, Williams Crashes Out Of Cincinnati Open

    Jordan Thompson, who beat then-world No.1 Andy Murray in the lead-up to Wimbledon, is up against 13th seed Jack Sock . Jelena Ostapenko could take advantage of Kerber's vulnerability should both of them make it to the fourth round.
    Tottenham vs. Burnley: Pochettino's pre-match point of view

    Tottenham vs. Burnley: Pochettino's pre-match point of view

    We were playing a box and he was inside and the ball was in the air and me, bam, and he fall, and me with the ball!" "The work permit, we are waiting".
    Apple Ditches Self-Driving Car Dreams

    Apple Ditches Self-Driving Car Dreams

    Executive Steve Zadesky was originally in charge of titan and he wanted to build a semi-autonomous vehicle similar to Tesla. Instead, he said that the company was embarking on other products that would make self-driving a reality.