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Zacks Investment Research downgraded Ulta Beauty Inc (NASDAQ:ULTA) to Hold in a report released today.

Zacks Investment Research has downgraded Ulta Beauty Inc (NASDAQ:ULTA) to Hold in a report released on Thursday May 25, 2017.

Just yesterday Ulta Beauty Inc (NASDAQ:ULTA) traded -0.79% lower at $280.51. Ulta Beauty Inc’s 50-day moving average is $215.07 and its 200-day moving average is $257.16. The last closing price is up -22.64% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 953,247 shares of ULTA traded hands, down from an average trading volume of 1,419,940

Recent Performance Chart

Ulta Beauty Inc (NASDAQ:ULTA)

Ulta Beauty Inc has 52 week low of $187.96 and a 52 week high of $314.86 with a PE ratio of 26.48 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 17 brokers have issued a research note on the company. The average stock price target is $209.82 with 7 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Ulta Beauty Inc (NASDAQ:ULTA)

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. The Company also offers a full-service salon in every store featuring hair, skin and brow services. The Company operates approximately 970 retail stores across over 48 states and the District of Columbia and also distributes its products through its Website, which includes a collection of tips, tutorials and social content. The Company offers makeup products, such as foundation, face powder, concealer, color correcting, face primer, blush, bronzer, contouring, highlighter, setting spray, shampoos, conditioners, hair styling products, hair styling tools and perfumes. The Company also offers makeup brushes and tools, and makeup bags and cases.

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