Barclays (LON:BARC) analyst Adrienne Yih maintained a Buy rating on Ulta Beauty (NASDAQ:ULTA) on Thursday, setting a price target of $468, which is approximately 33.09% above the present share price of $351.65.
Yih expects Ulta Beauty to post earnings per share (EPS) of $4.13 for the third quarter of 2021.
The current consensus among 20 TipRanks analysts is for a Moderate Buy rating of shares in Ulta Beauty, with an average price target of $378.37.
The analysts price targets range from a high of $468 to a low of $330.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $1.94 billion and a net profit of $305.32 million. The company's market cap is $19.26 billion.
According to TipRanks.com, Barclays analyst Adrienne Yih is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.6% and a 62.26% success rate.
Ulta Beauty, Inc. is a beauty retailer of cosmetics, fragrance, skin care products, hair care products, and salon services. It provides unmatched product breadth, value and convenience in a distinctive specialty retail environment. The company was founded in January 9, 1990 and is headquartered in Bolingbrook, IL.