Ulta Beauty Inc (ULTA) is expecting -10.89% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Ulta Beauty Inc (NASDAQ: ULTA) opened lower -2.09% from the last session, before settling in for the closing price of $433.24. Price fluctuations for ULTA have ranged from $368.02 to $574.76 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 12.33%. Company’s average yearly earnings per share was noted 2.44% at the time writing. With a float of $48.16 million, this company’s outstanding shares have now reached $48.32 million.

Considering the fact that the conglomerate employs 56000 people, you should pay attention to its efficiency factor.

Ulta Beauty Inc (ULTA) Insider Activity

A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of Ulta Beauty Inc is 0.23%, while institutional ownership is 95.22%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 2.44% 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

Check out the current performance indicators for Ulta Beauty Inc (ULTA). In the past quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.83. Likewise, its price to free cash flow for the trailing twelve months is 19.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 26.05, a number that is poised to hit 6.34 in the next quarter and is forecasted to reach 29.34 in one year’s time.

Technical Analysis of Ulta Beauty Inc (ULTA)

Compared to the last year’s volume of 0.77 million, its volume of 0.77 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 4.09%. Additionally, its Average True Range was 14.81.

During the past 100 days, Ulta Beauty Inc’s (ULTA) raw stochastic average was set at 13.33%, which indicates a significant increase from 1.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.19% in the past 14 days, which was higher than the 37.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $516.67, while its 200-day Moving Average is $457.90. Nevertheless, the first resistance level for the watch stands at $430.39 in the near term. At $436.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $440.75. If the price goes on to break the first support level at $420.03, it is likely to go to the next support level at $415.88. Should the price break the second support level, the third support level stands at $409.67.

Ulta Beauty Inc (NASDAQ: ULTA) Key Stats

There are currently 48,269K shares outstanding in the company with a market cap of 20.47 billion. Presently, the company’s annual sales total 11,207 M according to its annual income of 1,291 M. Last quarter, the company’s sales amounted to 3,554 M and its income totaled 394,370 K.