4 Signs Ulta Beauty's High-Growth Days Are Over
Shares of Ulta Beauty (NASDAQ: ULTA) stumbled 9% on Aug. 25 after the beauty retailer released its second quarter earnings report. That decline was surprising, since Ulta beat analyst expectations on both the top and bottom lines.
Ulta's revenue rose 20.6% annually to $1.29 billion, narrowly beating estimates by $10 million. Its diluted earnings surged 28% to $1.83 per share, topping expectations by a nickel. Those numbers look solid, but let's discuss four key factors which likely attracted the bears.
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Source: Fool.com
Ulta Salon Stock
€488.90
-0.340%
Currently there is a rather positive sentiment for Ulta Salon with 61 Buy predictions and 5 Sell predictions.
As a result the target price of 536 € shows a slightly positive potential of 9.63% compared to the current price of 488.9 € for Ulta Salon.
