Ulta BeautyULTA
Market Cap: $17.3B
About: With 1,385 stores at the end of fiscal 2023 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the US. The firm offers makeup (41% of 2023 sales), fragrances, skin care (19% of sales), and hair care products (19% of sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Employees: 56,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more repeat investments, than reductions
Existing positions increased: 401 | Existing positions reduced: 352
2.71% less ownership
Funds ownership: 94.97% [Q1] → 92.26% (-2.71%) [Q2]
6% less funds holding
Funds holding: 1,044 [Q1] → 984 (-60) [Q2]
16% less call options, than puts
Call options by funds: $861M | Put options by funds: $1.03B
28% less capital invested
Capital invested by funds: $23.7B [Q1] → $17B (-$6.73B) [Q2]
34% less first-time investments, than exits
New positions opened: 117 | Existing positions closed: 177
38% less funds holding in top 10
Funds holding in top 10: 13 [Q1] → 8 (-5) [Q2]
Research analyst outlook
29 Wall Street Analysts provided 1 year price targets over the past 3 months
29 analyst ratings
Loop Capital Anthony Chukumba 60% 1-year accuracy 9 / 15 met price target | 22%upside $450 | Buy Maintained | 3 Sept 2024 |
DA Davidson Michael Baker 63% 1-year accuracy 20 / 32 met price target | 18%upside $435 | Buy Maintained | 30 Aug 2024 |
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target | 22%upside $450 | Outperform Maintained | 30 Aug 2024 |
Citigroup Kelly Crago 0% 1-year accuracy 0 / 1 met price target | 6%downside $345 | Neutral Maintained | 30 Aug 2024 |
Canaccord Genuity Susan Anderson 21% 1-year accuracy 3 / 14 met price target | 20%upside $442 | Buy Maintained | 30 Aug 2024 |
Financial journalist opinion
Based on 69 articles about ULTA published over the past 30 days