Telsey Advisory Group Forecasts Ulta Beauty Q4 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – Investment analysts at Telsey Advisory Group raised their Q4 2026 earnings per share estimates for Ulta Beauty in a report issued on Monday, March 10th. Telsey Advisory Group analyst D. Telsey now anticipates that the specialty retailer will post earnings of $7.05 per share for the quarter, up from their prior estimate of $6.64. Telsey Advisory Group currently has a “Outperform” rating and a $500.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share.

Other equities analysts also recently issued research reports about the company. BMO Capital Markets boosted their price target on Ulta Beauty from $385.00 to $420.00 and gave the stock a “market perform” rating in a research report on Friday, December 6th. Citigroup boosted their price target on Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. UBS Group boosted their price target on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Piper Sandler boosted their price target on Ulta Beauty from $390.00 to $394.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. Finally, DA Davidson boosted their price target on Ulta Beauty from $435.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $459.22.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $314.47 on Wednesday. The stock’s 50-day simple moving average is $386.49 and its 200 day simple moving average is $386.82. The company has a market cap of $14.58 billion, a P/E ratio of 12.58, a P/E/G ratio of 0.89 and a beta of 1.34. Ulta Beauty has a 52-week low of $309.01 and a 52-week high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.13 by $1.33. The business had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.47 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. Ulta Beauty’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $8.08 earnings per share.

Institutional Investors Weigh In On Ulta Beauty

Institutional investors have recently made changes to their positions in the stock. Prestige Wealth Management Group LLC boosted its stake in shares of Ulta Beauty by 121.4% in the fourth quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 34 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 45 shares during the period. Westside Investment Management Inc. boosted its stake in shares of Ulta Beauty by 151.5% in the third quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 50 shares during the period. Future Financial Wealth Managment LLC bought a new stake in shares of Ulta Beauty in the fourth quarter valued at approximately $43,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of Ulta Beauty in the fourth quarter valued at approximately $43,000. 90.39% of the stock is currently owned by institutional investors.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.