Ulta Beauty (ULTA) Receiving Positive News Coverage, Study Finds
Media headlines about Ulta Beauty (NASDAQ:ULTA) have been trending positive on Wednesday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ulta Beauty earned a daily sentiment score of 0.29 on Accern’s scale. Accern also gave media headlines about the specialty retailer an impact score of 46.7174662122511 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- What Drove Ulta Beauty’s Fiscal 3Q17 Earnings? (finance.yahoo.com)
- What Affected Ulta Beauty’s Sales in 3Q17? (finance.yahoo.com)
- Ulta Beauty Announces Addition to Board of Directors (finance.yahoo.com)
- How Ulta Beauty Stock Has Performed since 3Q17 Results (finance.yahoo.com)
- ETFs with exposure to Ulta Beauty, Inc. : December 5, 2017 (finance.yahoo.com)
A number of research firms have issued reports on ULTA. Jefferies Group set a $350.00 price objective on Ulta Beauty and gave the stock a “buy” rating in a report on Monday, August 14th. Oppenheimer cut Ulta Beauty from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $330.00 to $270.00 in a research note on Tuesday, August 8th. Zacks Investment Research cut Ulta Beauty from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Piper Jaffray Companies reissued a “buy” rating and issued a $330.00 target price on shares of Ulta Beauty in a research note on Monday, August 21st. Finally, OTR Global cut Ulta Beauty to a “positive” rating in a research note on Monday, August 21st. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $257.39.
Ulta Beauty (NASDAQ:ULTA) traded down $0.83 during mid-day trading on Wednesday, reaching $223.14. The company’s stock had a trading volume of 1,279,795 shares, compared to its average volume of 1,022,109. Ulta Beauty has a 52 week low of $187.96 and a 52 week high of $314.86. The company has a market capitalization of $13,640.00, a P/E ratio of 28.86, a price-to-earnings-growth ratio of 1.37 and a beta of 0.55.
In other news, Director Charles Heilbronn bought 127,889 shares of the stock in a transaction on Friday, October 13th. The shares were bought at an average price of $195.21 per share, with a total value of $24,965,211.69. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.20% of the stock is currently owned by corporate insiders.
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About Ulta Beauty
Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.
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