On Jan 08, major Wall Street analysts update their ratings for $Ulta Beauty (ULTA.US)$, with price targets ranging from $370 to $515.
BofA Securities analyst Lorraine Hutchinson maintains with a hold rating, and sets the target price at $475.
Citi analyst Kelly Crago maintains with a hold rating, and adjusts the target price from $450 to $457.
Wells Fargo analyst Ike Boruchow maintains with a sell rating, and maintains the target price at $370.
Evercore analyst Michael Binetti maintains with a buy rating, and adjusts the target price from $480 to $490.
TD Cowen analyst Oliver Chen maintains with a hold rating, and maintains the target price at $480.
Furthermore, according to the comprehensive report, the opinions of $Ulta Beauty (ULTA.US)$'s main analysts recently are as follows:
Following Ulta Beauty's announcement of Kecia Steelman as the new CEO, succeeding Dave Kimbell, and an updated forecast for Q4 comps to show a modest increase with an operating margin surpassing the upper bounds of prior guidance due to a robust holiday season, the projected Q4 EPS has been revised to $7.17 from an earlier estimate of $6.66. Despite the positive preannouncement, margins are projected to decrease by 200 basis points year-over-year in Q4 and by 180 points for FY24.
Ulta Beauty announced a leadership change as CEO Dave Kimbell retires and COO Kecia Steelman steps into the role. The transition, though sudden, is regarded positively with confidence in Steelman's capability to lead. Additionally, Ulta has revised its Q4 guidance, forecasting modestly better comps than the market consensus, and anticipates an EBIT margin above earlier expectations, indicating efficient promotional strategies. This update suggests easing competitive pressures and a more optimistic outlook for fiscal 2025.
Following the announcement of Ulta Beauty's CEO transition, with the current COO ascending to the chief executive role today, and an elevated Q4 guidance reflecting robust holiday trends, an analyst has increased their Q4 EPS forecast to $7.05, also adjusting their 2025 EPS prediction upwards.
Ulta Beauty's recent business update highlighted positive developments, coupled with the announcement of CEO Dave Kimbell's retirement and COO Kecia Steelman's immediate succession to the role. This leadership transition occurs as the company experiences renewed business momentum, which is viewed positively. For the fourth quarter, the company now anticipates higher comparable store sales and operating margins exceeding previous upper estimates. These developments are seen as affirmative steps supporting a bullish outlook for the company.
The firm adjusted its FY24-FY26 EPS estimates upwards following Ulta Beauty's encouraging Q4 trading update, announced concurrently with the news that president and COO Kecia Steelman will immediately succeed Dave Kimbell as CEO. The timing of the CEO transition was somewhat unexpected, although the choice of Steelman was largely anticipated.
Here are the latest investment ratings and price targets for $Ulta Beauty (ULTA.US)$ from 10 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美东时间1月8日，多家华尔街大行更新了$Ulta美容 (ULTA.US)$的评级，目标价介于370美元至515美元。
美银证券分析师Lorraine Hutchinson维持持有评级，目标价475美元。
花旗分析师Kelly Crago维持持有评级，并将目标价从450美元上调至457美元。
富国集团分析师Ike Boruchow维持卖出评级，维持目标价370美元。
Evercore分析师Michael Binetti维持买入评级，并将目标价从480美元上调至490美元。
TD Cowen分析师Oliver Chen维持持有评级，维持目标价480美元。
此外，综合报道，$Ulta美容 (ULTA.US)$近期主要分析师观点如下：
继Ulta美容宣布Kecia Steelman接替Dave Kimbell成为新CEO并更新第四季度同店销售预测，显示出由于强劲的假日季节，营业利润率将超过此前指导的上限，预计第四季度每股收益已从早前的$6.66修订为$7.17。尽管预公告表现积极，但预计第四季度的利润率将同比下降200个基点，2024财年下降180个基点。
Ulta美容宣布CEO Dave Kimbell退休，COO Kecia Steelman接任这一职位。这一突如其来的过渡被积极看待，大家对Steelman领导的能力充满信心。此外，Ulta修订了其第四季度的指导，预计同店销售将好于市场共识，并预期EBIT利润率将高于早期预期，表明了有效的促销策略。这一更新表明竞争压力有所缓解，对2025财年持更乐观的前景。
在Ulta美容宣布CEO换任后，现任COO今天升任首席执行官，并且第四季度的指导反映出强劲的假日趋势，分析师将其第四季度每股收益预测上调至$7.05，同时也上调了2025年的每股收益预测。
Ulta美容最近的业务更新突出了积极的发展，同时宣布CEO Dave Kimbell退休，COO Kecia Steelman立即接任这一角色。这一领导层的过渡发生在公司业务势头重新强劲之际，这被视为积极信号。对于第四季度，公司现在预期可比门店销售和营业利润率将超过以前的上限估算。这些发展被视为支持公司看好的前景的积极步骤。
该公司在Ulta美容鼓舞人心的第四季度交易更新后，上调了其2024-2026财年的每股收益预估，同时宣布总裁兼COO Kecia Steelman将立即接替Dave Kimbell担任CEO。CEO过渡的时机有些出乎意料，尽管Steelman的选择在很大程度上是预期之中。
以下为今日10位分析师对$Ulta美容 (ULTA.US)$的最新投资评级及目标价：
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
