Added to YB: 2024-08-06
Pitch date: 2024-08-04
ULTA [bullish]
Ulta Beauty, Inc.
+80.4%
current return
Author Info
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Company Info
Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States, Mexico, and Kuwait. 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.
Market Cap
$26.7B
Pitch Price
$333.47
Price Target
615.00 (+2%)
Dividend
N/A
EV/EBITDA
12.52
P/E
22.98
EV/Sales
2.42
Sector
Specialty Retail
Category
growth
What To Buy In This Market Pullback? - Ulta Beauty, Inc.
ULTA: Mkt leader, 16% annual EPS growth, 4% annual buybacks last 5yrs. Rev/earnings up, shares down. 9.1% 5yr rev CAGR. Opening 60 new stores 2024. Beauty sector defensive. Conservative 5yr forecast: 10% annual EPS growth to $41 in FY2029. 15x PE = $615 PT (12% annual return).
Read full article (2 min)