Q3 Earnings Estimate for Ulta Beauty Issued By William Blair

Ulta Beauty, Inc. (NASDAQ:ULTA) – Stock analysts at William Blair decreased their Q3 2025 earnings per share (EPS) estimates for shares of Ulta Beauty in a note issued to investors on Thursday, October 17th. William Blair analyst D. Carden now forecasts that the specialty retailer will post earnings per share of $4.54 for the quarter, down from their prior forecast of $4.57. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.10 per share. William Blair also issued estimates for Ulta Beauty’s Q4 2025 earnings at $6.46 EPS, FY2025 earnings at $22.76 EPS, Q3 2026 earnings at $4.37 EPS, Q4 2026 earnings at $6.78 EPS, FY2027 earnings at $25.79 EPS and FY2028 earnings at $29.10 EPS.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share for the quarter, missing the consensus estimate of $5.47 by ($0.17). Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.61 billion. During the same quarter in the previous year, the firm earned $6.02 EPS. The firm’s revenue for the quarter was up .9% on a year-over-year basis.

Other equities analysts also recently issued research reports about the stock. Robert W. Baird reduced their price target on shares of Ulta Beauty from $525.00 to $485.00 and set an “outperform” rating for the company in a report on Friday, August 23rd. DA Davidson decreased their target price on shares of Ulta Beauty from $507.00 to $435.00 and set a “buy” rating for the company in a research report on Friday, August 30th. StockNews.com raised Ulta Beauty from a “sell” rating to a “hold” rating in a report on Saturday, September 28th. The Goldman Sachs Group reduced their price objective on Ulta Beauty from $475.00 to $412.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. Finally, Oppenheimer restated an “outperform” rating and issued a $435.00 target price on shares of Ulta Beauty in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $423.71.

Ulta Beauty Price Performance

NASDAQ:ULTA opened at $368.92 on Friday. The firm has a market capitalization of $17.60 billion, a P/E ratio of 14.39, a P/E/G ratio of 2.12 and a beta of 1.32. The business has a 50 day simple moving average of $373.91 and a 200 day simple moving average of $386.40. Ulta Beauty has a 12-month low of $318.17 and a 12-month high of $574.76.

Hedge Funds Weigh In On Ulta Beauty

Several institutional investors and hedge funds have recently bought and sold shares of the business. Global Assets Advisory LLC bought a new position in Ulta Beauty during the first quarter valued at approximately $176,753,000. Hsbc Holdings PLC raised its holdings in Ulta Beauty by 87.3% in the 2nd quarter. Hsbc Holdings PLC now owns 337,882 shares of the specialty retailer’s stock worth $130,380,000 after acquiring an additional 157,497 shares during the period. Boston Partners increased its position in Ulta Beauty by 47.7% in the 1st quarter. Boston Partners now owns 476,027 shares of the specialty retailer’s stock worth $246,862,000 after buying an additional 153,727 shares during the period. TD Asset Management Inc boosted its holdings in Ulta Beauty by 33.6% in the 1st quarter. TD Asset Management Inc now owns 544,072 shares of the specialty retailer’s stock valued at $284,484,000 after purchasing an additional 136,725 shares during the period. Finally, Swedbank AB increased its stake in Ulta Beauty by 107.0% during the second quarter. Swedbank AB now owns 240,191 shares of the specialty retailer’s stock valued at $92,683,000 after acquiring an additional 124,164 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Company Profile

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.