On 8/15/24, Ulta Beauty Inc (NASDAQ: ULTA) stock enjoyed a major increase of 11.2%, closing at $365.80. Moreover, exceptionally high trading volume at 478% of normal accompanied the advance. The stock has risen 13.8% during the last week but 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 66 but a poor Power Rating of 19, resulting in 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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