Ulta Beauty Shares Fall 2.46% to $689.42 with EPS Forecast Cut 6.3%
Ulta Beauty shares fell 2.46% to close at $689.42 despite a 4.62% one-month gain outperforming the Retail-Wholesale sector’s 5.72% loss. Analysts project EPS of $7.93 (–6.3% year-over-year) and revenue of $3.82 billion (+9.6%) for next quarter; forward P/E stands at 24.88 (industry 18.25).
1. Stock Performance and Market Comparison
Ulta Beauty’s shares closed at $689.42 on February 18, down 2.46% from the prior session, while the S&P 500 rose 0.56%, the Dow gained 0.26% and the Nasdaq added 0.78%. Over the past month, Ulta shares have climbed 4.62%, outperforming the Retail-Wholesale sector’s 5.72% loss and the S&P 500’s 1.27% decline.
2. Upcoming Earnings Estimates
Analysts expect Ulta to report next-quarter EPS of $7.93, a 6.26% decrease year-over-year, on revenue of $3.82 billion, up 9.62% from the year-ago period. Full-year consensus forecasts call for EPS of $25.56, a 0.87% rise, and revenue of $12.36 billion, a 9.46% increase.
3. Valuation Metrics and Analyst Ranking
Ulta trades at a forward P/E of 24.88, a premium to the industry average of 18.25, and carries a PEG ratio of 3.3 versus the industry’s 2.72. It holds a Zacks Rank of three (Hold), with consensus EPS estimate revisions up 0.27% over the past month.