High Expectations For Ulta Beauty, Inc. (NASDAQ:ULTA), But Is There Upside?

Ulta Beauty's stock has risen 21% year to date

Ulta Beauty's stock has risen 21% year to date

It has outperformed by 24.76% the S&P500.

Ulta Beauty (ULTA) shares were up almost 1% Friday afternoon after the stock was upgraded to "buy" from "hold" by analysts at Jefferies who also raised the company's price target to $350 from $266. This indicates more upside for the $19.48 billion company. The 1-year high was reported on Jun, 2 by Barchart.com. The company now has an average rating of "Buy" and an average price target of $318.17. About 351 shares traded. About 145,001 shares traded. First Merchants invested in 0.23% or 3,059 shares. Therefore 50% are positive. Colliers has $54 highest and $39 lowest target. Johnson & Johnson had 42 analyst reports since August 7, 2015 according to SRatingsIntel. The company has market cap of $494.72 million.

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The rating was maintained by RBC Capital Markets with "Sector Perform" on Friday, December 4. Comerica State Bank reported 59,618 shares. The company was maintained on Monday, August 29 by RBC Capital Markets.

Analysts await Colliers International Group Inc (NASDAQ:CIGI) to report earnings on July, 25. State Street Corp now owns 2,459,511 shares of the specialty retailer's stock valued at $626,995,000 after buying an additional 47,913 shares during the period. WAT's profit will be $137.95M for 26.84 P/E if the $1.71 EPS becomes a reality. After $1.46 actual earnings per share reported by Waters Corporation for the previous quarter, Wall Street now forecasts 17.12% EPS growth. The company has market cap of $2.08 billion. Compiling all of the recommendations for the firm, Ulta Salon, Cosmetics & Fragrance, Inc. It has a 28.37 P/E ratio. The Company's divisions include Americas; Europe, Middle East and Africa; Asia Pacific, and Corporate. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Therefore 45% are positive.

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The Tories would still be the largest party in a hung parliament even if Labour finished ahead of them in the share of the vote. Replying to a reporter's question, she said: "The truth is we are fighting to win and we are fighting to win with a majority".

Several equities analysts have issued reports on ULTA shares. Finally, Deutsche Bank AG set a $300.00 price target on Ulta Beauty and gave the stock a "hold" rating in a report on Sunday, May 28th. The stock now has an average rating of "Buy" and a consensus price target of $318.17. On Thursday, February 9 the stock rating was initiated by Loop Capital with "Hold".

5/28/2017-Cowen and Company Reiterated Rating of Outperform. Zacks Investment Research cut Ulta Beauty from a "buy" rating to a "hold" rating in a report on Thursday. Following the completion of the sale, the director now directly owns 9,095 shares of the company's stock, valued at approximately $2,615,903.90. The company was reinitiated on Friday, June 2 by Jefferies. Telsey Advisory Group has "Outperform" rating and $310 target. Stifel Nicolaus restated a "hold" rating and issued a $305.00 price objective (up previously from $290.00) on shares of Ulta Beauty in a research note on Friday, May 26th. Deutsche Bank has "Hold" rating and $165 target.

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies.

Since March 14, 2017, it had 0 insider buys, and 9 selling transactions for $42.98 million activity. On Wednesday, March 15 the insider Eck Dennis K sold $5.75 million. On Thursday, March 30 Kimbell David C sold $4.09 million worth of Ulta Beauty Inc (NASDAQ:ULTA) or 14,335 shares.

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Karp Capital Management Corp purchased a new position in Express during the first quarter worth $132,000. The company has a market cap of $491.66 million, a price-to-earnings ratio of 8.59 and a beta of 1.57.

Shares of Ulta Beauty (NASDAQ ULTA) opened at 306.72 on Friday. $14.26M worth of stock was sold by DiRomualdo Robert F on Tuesday, March 14. Also, Director Lorna Nagler sold 4,167 shares of the stock in a transaction dated Friday, March 17th. 157 Ulta Beauty Inc (NASDAQ:ULTA) shares with value of $44,902 were sold by Halligan Catherine Ann. Dillon Mary had sold 33,955 shares worth $9.71 million.

Investors sentiment increased to 1.17 in Q4 2016. Finally, FNY Partners Fund LP bought a new stake in shares of Ulta Beauty during the first quarter worth about $142,000.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, May 25th. Shellback L P invested 1.69% of its portfolio in Ulta Beauty Inc (NASDAQ:ULTA). Massachusetts Fin Services Ma invested in 383,555 shares or 0.01% of the stock. State Treasurer State Of Michigan accumulated 32,034 shares or 0.01% of the stock. Moreover, Td Asset Management has 0.01% invested in Ulta Beauty Inc (NASDAQ:ULTA) for 22,693 shares. Archford Capital Strategies Ltd Liability Corp stated it has 0% in PNM Resources Inc (NYSE:PNM). Blackrock Japan Co Ltd, a Japan-based fund reported 78,567 shares. Barclays Public Ltd Company holds 40,586 shares. Price T Rowe Associates Md holds 173,526 shares. The legal version of this report can be viewed at https://www.themarketsdaily.com/2017/06/02/pioneer-investment-management-inc-sells-189-shares-of-ulta-beauty-inc-ulta-updated.html. Allianz Asset Mgmt Ag has 106,737 shares for 0% of their portfolio.

Marsico Capital Management Limited Com invested in 0.1% or 8,932 shares.

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