Telsey Advisory Group Weighs in on Ulta Beauty Q1 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – Stock analysts at Telsey Advisory Group upped their Q1 2026 EPS estimates for shares of Ulta Beauty in a research note issued on Monday, March 10th. Telsey Advisory Group analyst D. Telsey now expects that the specialty retailer will earn $6.21 per share for the quarter, up from their previous forecast of $6.20. Telsey Advisory Group has a “Outperform” rating and a $500.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share.

Several other analysts have also recently weighed in on the company. Canaccord Genuity Group boosted their price objective on Ulta Beauty from $500.00 to $538.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Bank of America raised their price target on Ulta Beauty from $460.00 to $475.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. B. Riley upgraded Ulta Beauty from a “sell” rating to a “neutral” rating and upped their price objective for the company from $330.00 to $430.00 in a report on Tuesday, January 7th. Wells Fargo & Company raised their target price on Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a report on Tuesday, January 7th. Finally, William Blair cut Ulta Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $459.22.

Ulta Beauty Stock Down 3.3 %

ULTA stock opened at $342.72 on Tuesday. Ulta Beauty has a twelve month low of $318.17 and a twelve month high of $574.76. The company has a market cap of $15.89 billion, a P/E ratio of 13.71, a PEG ratio of 0.89 and a beta of 1.34. The business has a fifty day moving average of $390.90 and a 200-day moving average of $387.73.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Impax Asset Management Group plc lifted its holdings in shares of Ulta Beauty by 11.8% during the 3rd quarter. Impax Asset Management Group plc now owns 93,419 shares of the specialty retailer’s stock worth $36,351,000 after acquiring an additional 9,863 shares during the period. Sigma Planning Corp raised its position in Ulta Beauty by 49.2% during the third quarter. Sigma Planning Corp now owns 1,159 shares of the specialty retailer’s stock valued at $451,000 after purchasing an additional 382 shares in the last quarter. Mayflower Financial Advisors LLC lifted its stake in Ulta Beauty by 42.0% during the third quarter. Mayflower Financial Advisors LLC now owns 740 shares of the specialty retailer’s stock worth $288,000 after purchasing an additional 219 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in shares of Ulta Beauty by 66.6% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 119,089 shares of the specialty retailer’s stock valued at $46,340,000 after purchasing an additional 47,599 shares in the last quarter. Finally, Patten & Patten Inc. TN increased its stake in shares of Ulta Beauty by 7.0% in the 3rd quarter. Patten & Patten Inc. TN now owns 7,297 shares of the specialty retailer’s stock valued at $2,839,000 after purchasing an additional 480 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

About Ulta Beauty

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.