Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) mean price target is revealed at $292.20 by Thomson Reuters. The group followed the stock recommendations given by experts in the First Call poll. Also, it is possible that the firm may list per share earnings of $2.05 in the coming quarter and $6.23 for the ongoing fiscal. The market cap of Ulta Salon, Cosmetics & Fragran was $14.58B after the equity closed at $232.99 in last trading day.
What The Valuation Says?
The price/earnings ratio is listed in the group of ratios that are used for stock valuation. Commonly entitled as P/E ratio, it aids investors know where the firm positions in the market. It is a consequent when share’s latest price is divided by per-share earnings. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) has a P/E ratio of 41.15. Investors can ascertain how the stock is doing in the industry by assessing Price-to-Earnings Growth ratio.
In common, a high P/E proposes that investors are predicting higher earnings surge in the future compared to firms with a lower P/E ratio. A low P/E can direct either that a firm may currently be underrated or that the firm is doing extremely well comparative to its past trends. When a firm has no earnings or is recording losses, in both circumstances P/E will be stated as “N/A.” Though it is likely to compute a negative P/E, it is not the common convention.
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) PEG ratio sits at 1.84. A low PEG ratio presents an investment opportunity to the resourceful traders and investors. The stocks with a reading in between 0 and 1 are undervalued equities. A reading of 1 and 2 denotes fairly priced stocks.
The technical study of Ulta Salon, Cosmetics & Fragran visibly elucidates that the 50-day MA of Ulta Salon, Cosmetics & Fragran is $258.42, and stock is trading $-24.63 points away or -9.53% from 50-day moving average of $258.42. It is trading $7.77 or +3.44% away 200-day moving average of $226.02. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) 52-week high is $278.63 and the 52-week low is $146.77. This represents that if the equity moves $-44.84 points upside on the chart, it will hit a 52-week high. On the other hand, if it plunges +59.29%, then the share price can log a new 52-week low.
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