Ulta Beauty, Inc. : Big comeback of buyers
Entry price | Target | Stop-loss | Potential |
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US$413.14 |
US$500 |
US$355 |
+21.02% |
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Market participant are once again showing interest in shares in Ulta Beauty, Inc.. The technical chart pattern now appears positive for the short term with new upside potential.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths● The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
● The company is in a robust financial situation considering its net cash and margin position.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● For several months, analysts have been revising their EPS estimates roughly upwards.
● Over the past four months, analysts' average price target has been revised upwards significantly.
● Historically, the company has been releasing figures that are above expectations.
Weaknesses● In relation to the value of its tangible assets, the company's valuation appears relatively high.
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Surperformance is Buy on ULTA BEAUTY, INC. since 22/09/2022
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