Jefferies Group Gives Hold Rating to Ulta Salon, Cosmetics & Fragrance (ULTA)
Shares of Ulta Salon, Cosmetics & Fragrance traded down 0.70% during mid-day trading on Wednesday, hitting $94.08. Ulta Salon, Cosmetics & Fragrance has a 52 week low of $48.28 and a 52 week high of $97.89. The company has a market cap of $5.922 billion and a P/E ratio of 45.79.
Ulta Salon, Cosmetics & Fragrance last announced its earnings results on Tuesday, June 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. The company’s revenue for the quarter was up 22.8% on a year-over-year basis. On average, analysts predict that Ulta Salon, Cosmetics & Fragrance will post $0.54 earnings per share next quarter.
A number of other firms have also recently commented on ULTA. Analysts at Oppenheimer (NYSE: OPY) raised their price target on shares of Ulta Salon, Cosmetics & Fragrance from $100.00 to $103.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at JPMorgan Chase (NYSE: JPM) raised their EPS on shares of Ulta Salon, Cosmetics & Fragrance in a research note to investors on Tuesday, March 13rd. They now have an “overweight” rating and a $100.00 price target on the stock.
Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services.
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