Equities Analysts Issue Forecasts for Ulta Beauty, Inc.’s Q2 2025 Earnings (NASDAQ:ULTA)

Ulta Beauty, Inc. (NASDAQ:ULTA) – Zacks Research lowered their Q2 2025 earnings per share estimates for shares of Ulta Beauty in a research report issued on Thursday, April 4th. Zacks Research analyst A. Mohta now forecasts that the specialty retailer will post earnings per share of $6.05 for the quarter, down from their previous estimate of $6.19. The consensus estimate for Ulta Beauty’s current full-year earnings is $26.81 per share. Zacks Research also issued estimates for Ulta Beauty’s Q3 2025 earnings at $5.70 EPS, Q1 2026 earnings at $7.28 EPS, Q2 2026 earnings at $6.75 EPS, Q3 2026 earnings at $6.22 EPS, Q4 2026 earnings at $9.32 EPS, FY2026 earnings at $29.58 EPS and FY2027 earnings at $31.48 EPS.

Several other brokerages have also issued reports on ULTA. Raymond James cut their target price on shares of Ulta Beauty from $630.00 to $610.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, April 3rd. UBS Group raised their target price on Ulta Beauty from $575.00 to $690.00 and gave the company a “buy” rating in a research note on Tuesday, March 5th. Jefferies Financial Group upped their price target on Ulta Beauty from $587.00 to $610.00 and gave the stock a “buy” rating in a research note on Friday, March 15th. Robert W. Baird raised their price objective on Ulta Beauty from $575.00 to $625.00 and gave the company an “outperform” rating in a research note on Friday, March 15th. Finally, DA Davidson restated a “buy” rating and set a $595.00 price objective on shares of Ulta Beauty in a report on Friday, March 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $571.95.

Ulta Beauty Stock Up 0.4 %

Shares of ULTA stock opened at $454.80 on Monday. The firm has a 50 day moving average of $524.02 and a 200-day moving average of $466.60. The company has a market cap of $21.95 billion, a price-to-earnings ratio of 17.46, a price-to-earnings-growth ratio of 1.77 and a beta of 1.30. Ulta Beauty has a 52 week low of $368.02 and a 52 week high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, March 14th. The specialty retailer reported $8.08 EPS for the quarter, topping the consensus estimate of $7.49 by $0.59. Ulta Beauty had a return on equity of 61.64% and a net margin of 11.52%. The business had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.53 billion. During the same quarter last year, the firm posted $6.68 earnings per share. The firm’s revenue was up 10.2% on a year-over-year basis.

Ulta Beauty announced that its board has approved a stock buyback plan on Thursday, March 14th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the specialty retailer to repurchase up to 7.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at Ulta Beauty

In other Ulta Beauty news, insider Anita Jane Ryan sold 3,102 shares of Ulta Beauty stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $525.25, for a total transaction of $1,629,325.50. Following the transaction, the insider now owns 2,705 shares of the company’s stock, valued at approximately $1,420,801.25. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Ulta Beauty news, insider Anita Jane Ryan sold 3,102 shares of the business’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $525.25, for a total value of $1,629,325.50. Following the transaction, the insider now owns 2,705 shares of the company’s stock, valued at $1,420,801.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Kecia Steelman sold 20,950 shares of the firm’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $526.39, for a total value of $11,027,870.50. Following the sale, the chief operating officer now directly owns 10,494 shares of the company’s stock, valued at $5,523,936.66. The disclosure for this sale can be found here. Insiders have sold 24,552 shares of company stock valued at $12,920,326 over the last ninety days. Corporate insiders own 0.34% of the company’s stock.

Institutional Trading of Ulta Beauty

Several hedge funds have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD lifted its stake in Ulta Beauty by 125.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,530,543 shares of the specialty retailer’s stock valued at $717,932,000 after purchasing an additional 852,258 shares during the last quarter. Morgan Stanley grew its stake in shares of Ulta Beauty by 56.7% during the 3rd quarter. Morgan Stanley now owns 1,538,533 shares of the specialty retailer’s stock worth $614,568,000 after acquiring an additional 556,809 shares during the period. Norges Bank bought a new position in shares of Ulta Beauty during the 4th quarter worth $263,192,000. Voya Investment Management LLC grew its stake in shares of Ulta Beauty by 405.9% during the 4th quarter. Voya Investment Management LLC now owns 631,477 shares of the specialty retailer’s stock worth $309,417,000 after acquiring an additional 506,645 shares during the period. Finally, Holocene Advisors LP purchased a new stake in Ulta Beauty in the 2nd quarter worth about $207,721,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Company Profile

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.