Ulta Beauty Inc (ULTA) with a beta value of 1.32 appears to be a promising investment opportunity.

Ulta Beauty Inc (NASDAQ: ULTA) kicked off on Tuesday, up 0.45% from the previous trading day ,before settling in for the closing price of $452.78. Over the past 52 weeks, ULTA has traded in a range of $368.02-$574.76.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 12.33%. While this was happening, its average annual earnings per share was recorded 2.51%. With a float of $48.16 million, this company’s outstanding shares have now reached $48.32 million.

Let’s determine the extent of company efficiency that accounts for 56000 employees.

Ulta Beauty Inc (ULTA) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of Ulta Beauty Inc is 0.23%, while institutional ownership is 95.40%. The most recent insider transaction that took place on Mar 19 ’24, was worth 11,027,871. In this transaction President and COO of this company sold 20,950 shares at a rate of $526.39, taking the stock ownership to the 10,494 shares. Before that another transaction happened on Mar 19 ’24, when Company’s Chief Human Resources Officer sold 3,102 for $525.25, making the entire transaction worth $1,629,338. This insider now owns 2,705 shares in total.

Ulta Beauty Inc (ULTA) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 1/30/2024, the organization reported $8.08 earnings per share (EPS), higher than consensus estimate (set at $7.53) by $0.55. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.55% during the next five years compared to 18.93% growth over the previous five years of trading.

Ulta Beauty Inc (NASDAQ: ULTA) Trading Performance Indicators

Take a look at Ulta Beauty Inc’s (ULTA) current performance indicators. Last quarter, stock had a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.96. Likewise, its price to free cash flow for the trailing twelve months is 21.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 26.05, a number that is poised to hit 6.36 in the next quarter and is forecasted to reach 29.36 in one year’s time.

Technical Analysis of Ulta Beauty Inc (ULTA)

Looking closely at Ulta Beauty Inc (NASDAQ: ULTA), its last 5-days average volume was 2.0 million, which is a jump from its year-to-date volume of 0.76 million. As of the previous 9 days, the stock’s Stochastic %D was 13.30%. Additionally, its Average True Range was 17.01.

During the past 100 days, Ulta Beauty Inc’s (ULTA) raw stochastic average was set at 33.65%, which indicates a significant increase from 17.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.82% in the past 14 days, which was higher than the 38.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $523.25, while its 200-day Moving Average is $458.44. However, in the short run, Ulta Beauty Inc’s stock first resistance to watch stands at $456.75. Second resistance stands at $458.71. The third major resistance level sits at $462.08. If the price goes on to break the first support level at $451.42, it is likely to go to the next support level at $448.05. Now, if the price goes above the second support level, the third support stands at $446.09.

Ulta Beauty Inc (NASDAQ: ULTA) Key Stats

The company with the Market Capitalisation of 21.95 billion has total of 48,269K Shares Outstanding. Its annual sales at the moment are 11,207 M in contrast with the sum of 1,291 M annual income. Company’s last quarter sales were recorded 3,554 M and last quarter income was 394,370 K.