Added to YB: 2024-09-03
Pitch date: 2024-09-01
ULTA [bullish]
Ulta Beauty, Inc.
+70.91%
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
$352.00
Price Target
780.00 (+30%)
Dividend
N/A
EV/EBITDA
12.52
P/E
22.98
EV/Sales
2.42
Sector
Specialty Retail
Category
growth
ULTA Earnings Review: Undervalued Enough!
ULTA: Missed earnings, but thesis intact. Revenue $2.55B vs $2.61B expected, EPS $5.30 vs $5.46. First miss in 4 years. Still great business at cheap price (13x P/E). 17% 5yr EPS CAGR, 35% 10yr ROE. Defensive in tough macro. Competition pressure, but resistant to disruption. $780 PT (17% ann. return). 3.5% annual buybacks.
Read full article (7 min)