ULTA Stock Summary and Trading Ideas (Ulta Beauty | NASDAQ:ULTA)

With more than 1,400 freestanding stores and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the US. The firm offers makeup (41% of 2023 sales), fragrances, skin care (19% of sales), and hair care products (19% of sales), and bath and body items. Ulta offers private-label products and more than 600 individual brands. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. The firm intends to open franchises in Mexico in 2025. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.

Ulta Beauty trades on the NASDAQ stock market under the symbol ULTA.

As of February 4, 2025, ULTA stock price climbed to $409.19 with 685,030 million shares trading.

ULTA has a beta of 1.14, meaning it tends to be more sensitive to market movements. ULTA has a correlation of 0.14 to the broad based SPY ETF.

ULTA has a market cap of $18.98 billion. This is considered a Large Cap stock.

Last quarter Ulta Beauty reported $3 billion in Revenue and $5.14 earnings per share. This beat revenue expectation by $30 million and exceeded earnings estimates by $.62.

In the last 3 years, ULTA traded as high as $574.76 and as low as $318.17.

The top ETF exchange traded funds that ULTA belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

ULTA has underperformed the market in the last year with a return of -19.0%, while SPY returned +23.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ULTA shares. However, ULTA has outperformed the market in the last 3 month and 2 week periods, returning +8.4% and +1.0%, while SPY returned +5.7% and +0.7%, respectively. This indicates ULTA has been having a stronger performance recently.

ULTA support price is $399.15 and resistance is $417.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ULTA shares will trade within this expected range on the day.