On Jan 07, major Wall Street analysts update their ratings for $Ulta Beauty (ULTA.US)$, with price targets ranging from $370 to $538.
BofA Securities analyst Lorraine Hutchinson maintains with a hold rating, and sets the target price at $475.
Citi analyst Kelly Crago maintains with a hold rating, and adjusts the target price from $450 to $457.
Wells Fargo analyst Ike Boruchow maintains with a sell rating, and maintains the target price at $370.
Loop Capital analyst Anthony Chukumba maintains with a buy rating, and maintains the target price at $480.
Stifel analyst Mark Astrachan maintains with a hold rating, and adjusts the target price from $455 to $475.
Furthermore, according to the comprehensive report, the opinions of $Ulta Beauty (ULTA.US)$'s main analysts recently are as follows:
After a four-year tenure, Ulta Beauty announced the retirement of CEO Dave Kimbell, with COO Kecia Steelman set to take his place immediately. The transition, though unexpected, positions Steelman as a favorable choice for the leadership role. Additionally, Ulta has issued an update on its Q4 guidance, anticipating modestly positive comparable store sales, contrary to the consensus projection of a 1.2% decrease. The company also anticipates an EBIT margin exceeding prior expectations, indicating a less promotional approach to achieving these positive results. These developments suggest diminishing competitive pressures and a more optimistic outlook for fiscal 2025.
Following the recent announcement on January 6 about the company providing a positive business update, analysts noted a significant leadership transition with the CEO's unexpected retirement and the immediate appointment of the current COO as the new CEO. This change arrives as the business is gaining momentum. Expectations for Q4 include rising comps and operating margins surpassing the top end of previous forecasts. This development is viewed as a positive step for the bullish outlook on the company, and it remains a favored choice for strategic portfolio realignment in 2025.
The company's encouraging Q4 trading update, which coincided with the announcement that president and COO Kecia Steelman will take over as CEO, effectively immediately, led to raised EPS estimates for FY24-FY26. The timing of the CEO transition was somewhat unexpected, although the choice of Steelman was largely anticipated.
Ulta Beauty initiated the holiday pre-announcement phase with improved Q4 outcomes and unexpectedly announced a change in CEO position. It is noted that Ulta, being the initial company to report such an upside, likely sets a precedent with expectations of more optimistic updates in the retail sector forthcoming.
Here are the latest investment ratings and price targets for $Ulta Beauty (ULTA.US)$ from 6 analysts:
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美東時間1月7日，多家華爾街大行更新了$Ulta美容 (ULTA.US)$的評級，目標價介於370美元至538美元。
美銀證券分析師Lorraine Hutchinson維持持有評級，目標價475美元。
花旗分析師Kelly Crago維持持有評級，並將目標價從450美元上調至457美元。
富國集團分析師Ike Boruchow維持賣出評級，維持目標價370美元。
Loop Capital分析師Anthony Chukumba維持買入評級，維持目標價480美元。
斯迪富分析師Mark Astrachan維持持有評級，並將目標價從455美元上調至475美元。
此外，綜合報道，$Ulta美容 (ULTA.US)$近期主要分析師觀點如下：
經過四年的任期，Ulta美容宣佈CEO戴夫·金貝爾（Dave Kimbell）退休，首席運營官凱希·斯蒂爾曼（Kecia Steelman）將立即接任。儘管這一過渡出乎意料，但斯蒂爾曼被視爲擔任領導角色的有利選擇。此外，Ulta還發佈了關於第四季度指導的更新，預計可比較門店銷售將小幅增長，與市場共識預計的1.2%下降相反。該公司還預計每股收益的利潤率將超過之前的預期，表明其採取了較少促銷的方式以實現這些積極成果。這些發展表明競爭壓力減弱，並對2025財政年度展現出更加樂觀的前景。
在1月6日關於公司提供積極業務更新的宣佈後，分析師注意到CEO意外退休和現任首席運營官立即被任命爲新CEO的重大領導層變動。這一變化正值業務正在蓬勃發展之際。預計第四季度的比較銷售和營業利潤率將超過之前預測的上限。這一發展被視爲對公司的看好前景的積極步驟，並且在2025年的戰略投資組合重整中仍然是首選。
公司令人鼓舞的第四季度交易更新，與總裁兼首席運營官凱希·斯蒂爾曼即刻接任CEO的公告相吻合，導致對2024財政年度至2026財政年度的每股收益預期上調。雖然CEO的過渡時機有些出乎意料，但斯蒂爾曼的選擇在很大程度上是被預期的。
Ulta美容以改善的第四季度結果啓動了假日預公告階段，並意外宣佈了CEO職位的變更。值得注意的是，Ulta作爲首個報告如此積極消息的公司，可能會爲零售板塊即將發佈的更樂觀的更新設定先例。
以下爲今日6位分析師對$Ulta美容 (ULTA.US)$的最新投資評級及目標價：
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