Why Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $248.06 on Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $6.13 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) stands at 45.22. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Ulta Salon, Cosmetics & Fragran, the PEG ratio for coming 3-5 years is 2.02. Technical Analysis The technical analysis highlights that Ulta Salon, Cosmetics & Fragran current price is trading $13.98 points away +6.09% from $229.76, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $195.89 and, for now, the stock price is trading $47.85 or +24.43% away from that point. The 52-week high of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) was $245.38 while lowest point recorded in 52-week was $120.38. It implies if stock price makes a movement of over $-1.64, it will record a new 52-week high. In the case of $+102.48% points drop, it will touch a new 52-week low.

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