Ulta Salon, Cosmetics & Fragrance (ULTA) issued an update on its fourth quarter earnings guidance on Friday morning. The company provided earnings per share guidance of $0.96-0.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.98. The company issued revenue guidance of $742-754 million, compared to the consensus revenue estimate of $752.82 million.

Shares of Ulta Salon, Cosmetics & Fragrance (ULTA) opened at 101.99 on Friday. Ulta Salon, Cosmetics & Fragrance (ULTA) has a one year low of $68.52 and a one year high of $103.52. The stock’s 50-day moving average is currently $95.95. The company has a market cap of $6.504 billion and a P/E ratio of 42.37.

Ulta Salon, Cosmetics & Fragrance last announced its earnings results on Thursday, November 29th. The company reported $0.59 EPS for the quarter. The company had revenue of $505.60 million for the quarter. During the same quarter in 2012, the company posted $0.42 earnings per share. The company’s quarterly revenue was up 22.4% on a year-over-year basis. Ulta Salon, Cosmetics & Fragrance has set its Q4 guidance at $0.96-0.98 EPS. On average, analysts predict that Ulta Salon, Cosmetics & Fragrance (ULTA) will post $2.66 earnings per share for the current fiscal year.

Several analysts have also recently commented on the stock. Analysts at Piper Jaffray raised their price target on shares of Ulta Salon, Cosmetics & Fragrance to $123.00 in a research note to investors on Friday, November 30th. On a related note, analysts at Goldman Sachs raised their price target on shares of Ulta Salon, Cosmetics & Fragrance to $117.00 in a research note to investors on Friday, November 30th. Finally, analysts at Goldman Sachs reiterated a buy rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note to investors on Friday, November 30th. They now have a $117.00 price target on the stock, up previously from $115.00.

Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer, which provides one-stop shopping for prestige, mass and salon products and salon services in the United States.

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