# Ulta Beauty, Inc. – Consensus ‘buy’ rating and 21.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/ulta-beauty-inc.consensus-buy-rating-and-21.6-upside-potential/4121134840
- Published: 2023-12-01T13:14:45+00:00
- Author: Charlotte Edwards

**Ulta Beauty, Inc.** with ticker code (ULTA) now have 23 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between $606.00 and $375.00 calculating
the average target price we see $510.91. Given that the stocks previous close was
at $420.01 this would imply there is now a potential upside of 21.6%. The 50 day
MA is $393.07 while the 200 day moving average is $457.48. The company has a market
capitalization of 20.97B. The stock price for the company is currently is currently
$425.99 USD

 The potential market cap would be $25,509,483,240 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 17.29, revenue per share of $218.25
and a 18.4% return on assets.

Ulta Beauty, Inc. (Ulta Beauty) conducts its business as a specialty beauty retailer.
The Company operates specialty retail stores, which are engaged in selling cosmetics,
fragrance, haircare and skincare products, and related accessories and services.
The stores also feature full-service salons. Its stores, e-commerce Website, and
mobile applications offer approximately 25,000 products across various categories
and price points, including Ulta Beauty’s own private label and the Ulta Beauty 
Collection. Ulta Beauty offers a portfolio across six categories: cosmetics; haircare
products and styling tools; skincare; fragrance and bath; services; and accessories
and other. The Company also provides private-label and co-branded credit card programs,
loyalty programs, and gift cards. It offers a full range of beauty services in its
stores, focusing on hair, makeup, brow, and skin services. The Company operates 
approximately 1,355 stores across 50 states.

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