Ulta Beauty Inc. (NASDAQ:ULTA) has a beta of 1.71, a 12-month trailing P/E ratio of 38.64, and a growth ratio of 0.73. The stock’s Relative Strength Index (RSI) is 52.73, with weekly volatility at 2.75% and ATR at 9.88. The ULTA stock’s 52-week price range has touched low of $186.01 and a $351.72 high. Its shares traded lower over the last trading session, losing -0.20% on 06/10/21. The shares fell to a low of $329.11 before closing at $332.01. Intraday shares traded counted 0.51 million, which was 42.78% higher than its 30-day average trading volume of 885.93K. ULTA’s previous close was $332.68 while the outstanding shares total 55.80M.
Investors have identified the Specialty Retail company Ulta Beauty Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.53 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Ulta Beauty Inc. (ULTA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 2.56 billion total, with 1.52 billion as their total liabilities.
ULTA were able to record 295.5 million as free cash flow during the 08/26/2021 quarter of the year, this saw their quarterly net cash flow reduce by -98.59 million. In cash movements, the company had a total of 330.07 million as operating cash flow.
Potential earnings growth for Ulta Beauty Inc. (ULTA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/26/2021 quarter of the year, Ulta Beauty Inc. recorded a total of 1.94 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 39.48% coming in sequential stages and their sales for the 08/26/2021 quarter reducing by -13.42%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.18 billion trying to sell their products during the last quarter, with the result yielding a gross income of 753.79 million. This allows shareholders to hold on to 55.80M with the recently reported earning now reading 4.13 cents per share. This is a figure that compared to analyst’s prediction for their 08/26/2021 (4.10 cents a share).
Having a look at the company’s valuation, the company is expected to record 13.72 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ULTA sounds very interesting.
Is the stock of ULTA attractive?
In related news, Director, Dillon Mary N sold 81,663 shares of the company’s stock in a transaction that recorded on Jun 04. The sale was performed at an average price of 325.58, for a total value of 26,587,950. As the sale deal closes, the Chief Human Resources Officer, CHILDS JEFFREY J now sold 4,863 shares of the company’s stock, valued at 1,625,715. Also, Director, HEILBRONN CHARLES sold 55,038 shares of the company’s stock in a deal that was recorded on Apr 13. The shares were price at an average price of 330.28 per share, with a total market value of 18,177,989. Following this completion of acquisition, the Director, HEILBRONN CHARLES now holds 85,430 shares of the company’s stock, valued at 27,911,160. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
16 out of 31 analysts covering the stock have rated it a Buy, while 12 have maintained a Hold recommendation on Ulta Beauty Inc.. 0 analysts has assigned a Sell rating on the ULTA stock. The 12-month mean consensus price target for the company’s shares has been set at $369.09.