Recent Price Action
Ulta Beauty Inc (NASDAQ: ULTA) stock increased 1.4% on 11/30/23. The shares closed at $425.99. Moreover, this advance was accompanied by exceptionally high trading volume at 275% of normal. The stock has risen 5.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
ULTA's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Ulta Beauty has a current Value Trend Rating of D (Negative). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing inconsistent signals. Ulta Beauty has a neutral Appreciation Score of 57 but a poor Power Rating of 25, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.