Ulta Salon Cosmetics & Fragrance Now Covered by Analysts at KeyCorp (ULTA)
Equities researchers at KeyCorp started coverage on shares of Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
ULTA has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Ulta Salon Cosmetics & Fragrance from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, December 9th. They now have a $78.10 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Ulta Salon Cosmetics & Fragrance in a research note to investors on Friday, December 6th. They now have a $123.00 price target on the stock, down previously from $145.00. Finally, analysts at Jefferies Group cut their price target on shares of Ulta Salon Cosmetics & Fragrance to $105.00 in a research note to investors on Friday, December 6th. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $114.47.
Shares of Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) traded up 1.07% on Monday, hitting $92.61. The stock had a trading volume of 112,512 shares. Ulta Salon Cosmetics & Fragrance has a 52-week low of $72.51 and a 52-week high of $132.72. The stock’s 50-day moving average is $119.8 and its 200-day moving average is $109.0. The company has a market cap of $5.949 billion and a P/E ratio of 30.05.
Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.72 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.74 by $0.02. The company had revenue of $618.80 million for the quarter, compared to the consensus estimate of $622.03 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 22.4% on a year-over-year basis. On average, analysts predict that Ulta Salon Cosmetics & Fragrance will post $3.16 earnings per share for the current fiscal year.
Ulta Salon, Cosmetics & Fragrance, Inc (NASDAQ:ULTA) is a beauty retailer, which provides one-stop shopping for prestige, mass and salon products and salon services in the United States.
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