Wheather you’re shocked, surprised, or irritated by Kylie Jenner’s rise from B-list celeb to youngest billionaire, you have to hand it to her. She is the youngest self-made billionaire on the planet.
Thankfully you too can really follow her rise. Kylie Jenner’s cosmetic line is exclusively sold at Ulta Beauty, a publically traded company. Buying ULTA is like buying into Kylie’s meteoric rise.
ULTA is loved by analysts too. According to 26 stock analysts, Ulta Beauty, Inc., is being kept at an average Outperform, rating, with at least 4.84% of shares outstanding that are currently legally short sold. The shares of the corporation went up by 20.53% during the previous month. So far this year, the stock had gone up by 17.87%. With these types of results to display analysts, are more optimistic than before, leading 18 of analysts who cover Ulta Beauty, Inc. (NASDAQ:ULTA) advice their clients to include it in their buy candidate list. However, at the Wall Street, the shares for the company has been tagged a $314.27 price target, indicating that the shares will rally 8.89% from its current levels. At the moment, the stock is trading for about -10.51% less than its 52-week high.Ulta Beauty, Inc. Last Posted 4.77% Sales Growth
Ulta Beauty, Inc. (ULTA) has so far tried and showed success to beat the consensus-estimated $2.16, with their earning staying at $2.18 per share. This was revealed in their last financial report. Their revenue meanwhile grew by 4.77% from the last quarter, totaling $1.56 billion.
Ulta Beauty, Inc. (NASDAQ:ULTA) Insider Trades
Multiple company employees have indulged in significant insider trading. Ulta Beauty, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Eck Dennis K has sold 36,794 shares of Ulta Beauty, Inc. (ULTA) in trading session dated Sep. 19, 2018. These shares are worth $10,514,253 and were traded at $285.76 each. The SEC filing shows that Halligan Catherine Ann performed a sale of 129 shares. The Director disposed these shares by way of transaction on Sep. 17, 2018. The company’s shares were given away at $281.5 per share worth to an income of some $36,314 on account of Halligan Catherine Ann.