In a report issued on December 6, Michael Baker from Nomura maintained a Sell rating on Ulta Beauty (ULTA), with a price target of $230.00. The company’s shares closed last Monday at $250.37.
According to TipRanks.com, Baker is a 4-star analyst with an average return of 3.3% and a 58.6% success rate. Baker covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Burlington Stores.
Ulta Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $277.41.
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Ulta Beauty’s market cap is currently $14.31B and has a P/E ratio of 21.09. The company has a Price to Book ratio of 7.76.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ULTA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ulta Beauty, Inc. is a beauty retailer of cosmetics, fragrance, skin care products, hair care products, and salon services. It provides unmatched product breadth, value and convenience in a distinctive specialty retail environment. The company was founded in January 9, 1990 and is headquartered in Bolingbrook, IL.
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