Ulta Beauty Inc (NASDAQ: ULTA) has reported earnings for its second fiscal quarter (ending July 31) of $5.32 versus $6.05 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $25.05 compared to $25.07 a year ago.
Recent Price Action
Ulta Beauty Inc (NASDAQ: ULTA) stock closed at $367.58 on 8/29/24 after a slight gain of 0.2%. Moreover, trading volume in this advance was exceptionally high at 206% of normal. The stock has declined -3.5% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
ULTA’s future returns on capital are forecasted to exceed 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 contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ulta Beauty has a slightly positive Appreciation Score of 60 but a poor Power Rating of 17, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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