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Ulta Beauty Inc Stock Research

ULTA

513.71USD+3.71(+0.73%)Market Closed

Market Summary

USD513.71+3.71
Market Closed
0.73%

ULTA Stock Price

ULTA RSI Chart

ULTA Valuation

Market Cap

26.2B

Price/Earnings (Trailing)

22.01

Price/Sales (Trailing)

2.7

EV/EBITDA

14.31

Price/Free Cashflow

27.59

ULTA Price/Sales (Trailing)

ULTA Profitability

Operating Margin

39.74%

EBT Margin

16.13%

Return on Equity

61.96%

Return on Assets

22.34%

Free Cashflow Yield

3.62%

ULTA Fundamentals

ULTA Revenue

Revenue (TTM)

9.7B

Revenue Y/Y

17.19%

Revenue Q/Q

1.81%

ULTA Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

27.54%

Earnings Q/Q

-7.13%

Price Action

52 Week Range

330.80537.52
(Low)(High)

Last 7 days

0.0%

Last 30 days

0.8%

Last 90 days

15.2%

Trailing 12 Months

41.1%

ULTA Financial Health

Current Ratio

1.62

ULTA Investor Care

Buy Backs (1Y)

5.80%

Diluted EPS (TTM)

22.72

Peers (Alternatives to Ulta Beauty)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
26.2B
9.7B
0.77% 41.14%
22.01
2.7
19.89% 37.22%
16.6B
47.9B
-13.42% -22.11%
10.73
0.35
-8.42% -41.38%
10.8B
12.1B
12.96% 33.06%
9.4
0.89
0.47% -17.21%
MID-CAP
7.9B
8.7B
-9.12% -18.69%
6.72
0.91
8.52% 13.90%
7.0B
6.0B
-18.99% -22.80%
-13.69
1.17
1.29% -231.90%
5.7B
3.9B
-23.73% -28.25%
10.09
1.57
10.04% -15.32%
3.3B
8.0B
-12.15% -5.59%
8.02
0.42
10.91% -41.72%
1.9B
8.5B
-11.54% 3.64%
11.42
0.22
0.30% 179.81%
SMALL-CAP
1.6B
3.8B
-10.35% -11.93%
9.78
0.43
-3.24% -34.37%
1.0B
80.7M
2.05% 27.85%
25.55
12.94
8.07% 12.12%
292.5M
1.4B
-14.54% -27.64%
3.33
0.2
-2.31% 10.45%
154.5M
1.4B
-33.77% -65.50%
-17.31
0.11
-9.34% -107.10%
95.0M
6.2B
-49.51% -94.95%
-0.07
0.02
-26.37% -225.93%
42.4M
2.2B
-10.90% -93.38%
-0.16
0.02
1.89% -208.17%
34.8M
512.5M
-20.63% -74.98%
-1.22
0.07
-11.16% -192.79%

Financials for Ulta Beauty

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.7%9,7119,3689,0388,6318,100
Gross Profit4.7%3,8593,6863,5563,3693,112
  S&GA Expenses4.3%2,2832,1892,1192,0621,926
EBITDA4.1%1,8151,7431,691--
EBITDA Margin0.5%0.19*0.19*0.19*--
Earnings Before Taxes5.3%1,5671,4881,4281,2961,144
EBT Margin1.6%0.16*0.16*0.16*--
Interest Expenses0.2%2.002.002.002.008.00
Net Income5.2%1,1911,1321,087986868
Net Income Margin1.5%0.12*0.12*0.12*--
Free Cahsflow-1.4%950963947--
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets7.8%5,3324,9465,0124,7645,288
  Current Assets12.4%2,7462,4432,5322,2812,834
    Cash Equivalents-42.3%251434654432605
  Net PPE6.0%967912910914909
  Goodwill0%11.0011.0011.0011.0011.00
Liabilities7.3%3,4093,1773,2663,2293,301
  Current Liabilities13.0%1,6981,5021,6001,5581,624
Shareholder's Equity8.7%1,9221,7691,7461,5351,987
  Retained Earnings16.2%9838468526531,124
  Additional Paid-In Capital1.7%999982952935916
Shares Outstanding-0.6%51.0051.0052.0052.0054.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations1.6%1,2181,1991,1561,059966
Cashflow From Investing-14.2%-275-240-213-176-143
Cashflow From Financing-0.3%-1,297-1,293-1,234-1,497-778
  Buy Backs0.8%1,3321,3211,2621,522804

Risks for ULTA

What is the probability of a big loss on ULTA?

63.9%


Probability that Ulta Beauty stock will be more than 20% underwater in next one year

35.4%


Probability that Ulta Beauty stock will be more than 30% underwater in next one year.

19.6%


Probability that Ulta Beauty stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ULTA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ulta Beauty was unfortunately bought at previous high price.

Drawdowns

Returns for ULTA

Cumulative Returns on ULTA

21.6%


10-Year Cumulative Returns

15.6%


7-Year Cumulative Returns

18.8%


5-Year Cumulative Returns

36.3%


3-Year Cumulative Returns

What are the long-term rolling returns for ULTA?

FIve years rolling returns for Ulta Beauty.

Annualized Returns

Which funds bought or sold ULTA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
39.84
804,010
2,076,010
0.06%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-36.12
-23,117,500
68,222,500
0.07%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
unchanged
-
1,250,490
8,644,490
1.35%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-14.99
-6,000
1,095,000
0.01%
2023-03-03
TIAA, FSB
added
645
10,102,900
11,412,900
0.04%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
452,651
452,651
0.01%
2023-03-01
Regal Investment Advisors LLC
added
5.72
66,643
346,643
0.03%
2023-02-28
Trust Investment Advisors
added
13.82
259,964
1,046,960
0.99%
2023-02-28
Voya Investment Management LLC
reduced
-0.26
-124,354,000
16,457,300
0.02%
2023-02-24
NATIXIS
reduced
-54.11
-2,885,630
3,338,370
0.02%

1–10 of 43

Latest Funds Activity

Are funds buying ULTA calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ULTA
No. of Funds

Ulta Beauty News

MarketWatch

Ulta Beauty Inc. stock outperforms competitors on strong trading day.

MarketWatch,
15 minutes ago

Entertainment Tonight

TipRanks

BeautyMatter

The Motley Fool

Schedule 13G FIlings of Ulta Beauty

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.57%
5,884,717
SC 13G/A
Feb 03, 2023
blackrock inc.
8.0%
4,066,910
SC 13G/A
Feb 07, 2022
blackrock inc.
7.8%
4,234,911
SC 13G/A
Feb 11, 2021
clearbridge investments, llc
5.0%
2,832,118
SC 13G
Feb 10, 2021
vanguard group inc
10.10%
5,691,088
SC 13G/A
Feb 08, 2021
alliancebernstein l.p.
0.9%
524,568
SC 13G/A
Feb 01, 2021
blackrock inc.
6.4%
3,626,266
SC 13G/A
Feb 18, 2020
alliancebernstein l.p.
5.1%
2,909,856
SC 13G/A
Feb 12, 2020
vanguard group inc
10.66%
6,094,966
SC 13G/A
Feb 06, 2020
blackrock inc.
7.0%
4,003,459
SC 13G/A

ULTA Fair Value

Ulta Beauty fair value in different scenarios

The table shows the Fair Value estimates for Ulta Beauty for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

307.48

-40.15%

421.25

-18.00%

596.42

16.10%

772.98

50.47%

856.63

66.75%
Current Inflation

282.46

-45.02%

380.76

-25.88%

528.56

2.89%

676.37

31.66%

747.08

45.43%
Very High Inflation

251.50

-51.04%

331.71

-35.43%

448.31

-12.73%

563.87

9.76%

619.98

20.69%

Historical Ulta Beauty Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Ulta Beauty

View All Filings
Date Filed Form Type Document
Mar 22, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 09, 2023
8-K
Current Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 03, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for ULTA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-20
Caro Jodi J
sold
-2,279,940
506
-4,500
gc and corporate secretary
2023-03-20
Caro Jodi J
acquired
1,198,580
348
3,437
gc and corporate secretary
2023-03-15
Kimbell David C
sold (taxes)
-5,014,830
524
-9,567
chief executive officer
2023-03-15
Steelman Kecia
sold (taxes)
-1,210,860
524
-2,310
chief operating officer
2023-03-15
Caro Jodi J
sold (taxes)
-392,611
524
-749
gc and corporate secretary
2023-03-15
Settersten Scott M
sold (taxes)
-924,129
524
-1,763
chief financial officer
2023-03-15
Ryan Anita Jane
sold (taxes)
-130,521
524
-249
chief human resources officer
2023-03-14
Smith Mike C.
sold
-208,650
521
-400
-
2022-12-16
Petz Heidi G
acquired
-
-
163
-
2022-12-13
Kimbell David C
acquired
2,004,260
174
11,489
chief executive officer

1–10 of 50

David C. Kimbell
40500
Ulta Beauty, Inc. operates as a retailer of beauty products in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; professional hair products; salon services, including hair, skin, makeup, and brow services; and nail services. It also provides its private label products, such as the Ulta Beauty Collection branded cosmetics, skincare, and bath products, as well as Ulta Beauty branded products; and the Ulta Beauty branded gifts. As of March 10, 2022, the company operated 1,308 retail stores across 50 states. It also distributes its products through its website ulta.com; and mobile applications. The company was formerly known as Ulta Salon, Cosmetics & Fragrance, Inc. and changed its name to Ulta Beauty, Inc. in January 2017. Ulta Beauty, Inc. was incorporated in 1990 and is based in Bolingbrook, Illinois.

ULTA Income Statement

2022-10-29
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 29, 2022
Oct. 30, 2021
Consolidated Statements of Income (Unaudited)    
Net sales$ 2,338,793$ 1,995,775$ 6,981,807$ 5,901,501
Cost of sales1,375,9761,206,3014,149,8003,560,276
Gross profit962,817789,4742,832,0072,341,225
Selling, general and administrative expenses597,164503,4031,632,5931,411,577
Pre-opening expenses3,7971,8328,4227,778
Operating income361,856284,2391,190,992921,870
Interest expense (income), net(849)413(556)1,196
Income before income taxes362,705283,8261,191,548920,674
Income tax expense88,12068,537289,891224,203
Net income$ 274,585$ 215,289$ 901,657$ 696,471
Net income per common share:    
Basic$ 5.37$ 3.97$ 17.45$ 12.68
Diluted$ 5.34$ 3.94$ 17.35$ 12.60
Weighted average common shares outstanding:    
Basic51,13154,29151,66354,921
Diluted51,41854,66051,96255,280

ULTA Balance Sheet

2022-10-29
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 29, 2022
Jan. 29, 2022
Oct. 30, 2021
Current assets:   
Cash and cash equivalents$ 250,628$ 431,560$ 605,053
Receivables, net200,304233,682169,212
Merchandise inventories, net2,114,6691,499,2181,916,343
Prepaid expenses and other current assets137,642110,814105,584
Prepaid income taxes42,5725,90937,501
Total current assets2,745,8152,281,1832,833,693
Property and equipment, net967,039914,476908,665
Operating lease assets1,556,9401,482,2561,464,533
Goodwill10,87010,87010,870
Other intangible assets, net8441,5381,770
Deferred compensation plan assets31,52938,40936,403
Other long-term assets18,51235,64731,833
Total assets5,331,5494,764,3795,287,767
Current liabilities:   
Accounts payable647,117552,730747,451
Accrued liabilities462,773364,797329,672
Deferred revenue312,132353,579272,628
Current operating lease liabilities275,749274,118274,365
Accrued income taxes 12,786 
Total current liabilities1,697,7711,558,0101,624,116
Non-current operating lease liabilities1,621,2521,572,6381,565,921
Deferred income taxes38,62739,69367,267
Other long-term liabilities51,64458,66543,663
Total liabilities3,409,2943,229,0063,300,967
Commitments and contingencies (Note 6)
Stockholders' equity:   
Common stock, $0.01 par value, 400,000 shares authorized; 51,785, 53,049, and 54,907 shares issued; 51,029, 52,311, and 54,170 shares outstanding; at October 29, 2022 (unaudited), January 29, 2022, and October 30, 2021 (unaudited), respectively517530549
Treasury stock-common, at cost(60,218)(53,478)(53,312)
Additional paid-in capital998,816934,945915,814
Retained earnings983,140653,3761,123,749
Total stockholders' equity1,922,2551,535,3731,986,800
Total liabilities and stockholders' equity$ 5,331,549$ 4,764,379$ 5,287,767