On 12/1/23, Ulta Beauty Inc (NASDAQ: ULTA) stock enjoyed a major increase of 10.8%, closing at $472.03. Moreover, trading volume in this advance was exceptionally high at 445% of normal. Relative to the market the stock has been weak over the last nine months but has risen 15.3% during the last week.
Current PriceTarget Research Rating
ULTA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Ulta Beauty has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Ulta Beauty has a neutral Appreciation Score of 52 but a poor Power Rating of 27, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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