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Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States. 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.com website, and its mobile applications. It also provides beauty services, including hair, makeup, brow, and skin services at its stores. 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.
Beauty Sector Shift | Ulta Beauty navigates a changing landscape in the beauty industry, balancing strong financial health with increasing competition and evolving consumer preferences |
Strategic Expansion | Explore Ulta's acquisition of Space NK, expanding its international presence and strengthening its position in the premium beauty segment |
Market Challenges | Delve into Ulta's competitive pressures, including Amazon's growing market share and Sephora's expansion, as well as the impending conclusion of its Target partnership |
Future Prospects | Analyst price targets range from $400 to $580, reflecting varied views on Ulta's ability to maintain growth amid market uncertainties and its "Unleashed" growth plan |
Metrics to compare | ULTA | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipULTAPeersSector | |
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P/E Ratio | 19.8x | 10.4x | 11.2x | |
PEG Ratio | 4.26 | 1.25 | 0.02 | |
Price/Book | 9.1x | 0.0x | 1.4x | |
Price / LTM Sales | 2.0x | 1.2x | 1.0x | |
Upside (Analyst Target) | 11.4% | 7.2% | 17.8% | |
Fair Value Upside | Unlock | 4.0% | 8.4% | Unlock |