Ulta Beauty Inc (ULTA) is 9.13% away from 50-day simple Moving Average despite all headwinds

On Tuesday, Ulta Beauty Inc (NASDAQ: ULTA) was 2.20% up from the session before settling in for the closing price of $393.84. A 52-week range for ULTA has been $318.17 – $574.76.

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A company in the Consumer Cyclical sector has jumped its sales by 12.33% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -10.75%. With a float of $47.00 million, this company’s outstanding shares have now reached $48.32 million.

In an organization with 56000 employees, it is important to assess its efficiency.

Ulta Beauty Inc (ULTA) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ulta Beauty Inc stocks. The insider ownership of Ulta Beauty Inc is 0.25%, while institutional ownership is 96.53%. The most recent insider transaction that took place on Jul 02 ’24, was worth 39,008. In this transaction Director of this company sold 100 shares at a rate of $390.08, taking the stock ownership to the 2,017 shares. Before that another transaction happened on Jun 25 ’24, when Company’s GC, Chief Risk & Compl. Ofc. sold 650 for $388.68, making the entire transaction worth $252,639. This insider now owns 6,801 shares in total.

Ulta Beauty Inc (ULTA) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.85 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -10.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.08% 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

You can see what Ulta Beauty Inc (ULTA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67. Likewise, its price to free cash flow for the trailing twelve months is 19.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 24.92, a number that is poised to hit 4.56 in the next quarter and is forecasted to reach 25.04 in one year’s time.

Technical Analysis of Ulta Beauty Inc (ULTA)

Let’s dig in a bit further. During the last 5-days, its volume was 1.25 million. That was better than the volume of 0.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 77.81%. Additionally, its Average True Range was 11.97.

During the past 100 days, Ulta Beauty Inc’s (ULTA) raw stochastic average was set at 81.84%, which indicates a significant decrease from 86.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.31% in the past 14 days, which was lower than the 32.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $368.98, while its 200-day Moving Average is $436.43. However, in the short run, Ulta Beauty Inc’s stock first resistance to watch stands at $405.96. Second resistance stands at $409.43. The third major resistance level sits at $414.23. If the price goes on to break the first support level at $397.70, it is likely to go to the next support level at $392.90. The third support level lies at $389.43 if the price breaches the second support level.

Ulta Beauty Inc (NASDAQ: ULTA) Key Stats

There are 47,716K outstanding shares of the company, which has a market capitalization of 18.96 billion. As of now, sales total 11,207 M while income totals 1,291 M. Its latest quarter income was 2,552 M while its last quarter net income were 252,560 K.