Previous close | 363.30 |
Open | 364.13 |
Bid | 368.87 x 400 |
Ask | 369.52 x 100 |
Day's range | 363.00 - 372.35 |
52-week range | 362.49 - 574.76 |
Volume | |
Avg. volume | 873,285 |
Market cap | 17.629B |
Beta (5Y monthly) | 1.37 |
PE ratio (TTM) | 14.43 |
EPS (TTM) | 25.60 |
Earnings date | 22 Aug 2024 - 26 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 16 Mar 2012 |
1y target est | 468.68 |
Market averages (^DJI, ^IXIC, ^GSPC) seek to reverse their bad luck from Wednesday and hold on to gains heading into Thursday's market close. Julie Hyman and Josh Lipton report on the top market movers and leading industry stories while helping investors through the final trading hour. Royal Caribbean Group (RCL) CFO Naftali Holtz joins the program to comment on the cruise operator's second quarter earnings and why it continues to see "very, very strong" demand. For this week's Good Buy or Goodbye., BullseyeBrief.com Ingenuity Fund portfolio manager Adam Johnson comes on to provide expert opinions on two stocks: Builders FirstSource (BLDR) and Charles Schwab (SCHW). Other top trending stocks on the Yahoo Finance platform include Honeywell International (HON), RTX (RTX), and Lululemon (LULU). This post was written by Luke Carberry Mogan.
Piper Sandler has downgraded Ulta Beauty (ULTA) from Overweight to Neutral. Piper Sandler senior research analyst Korinne Wolfmeyer joins Market Domination to discuss her reasoning behind the call and how it is faring against other big names in the beauty industry. Wolfmeyer points to Ulta's promotions as a "reaction to the competitive intensity we've seen over the past several months and even years, both from brick-and-mortar retail peers such as Sephora that's really ramped up its store count with its partnership with Kohl's (KSS), but also with online players like Amazon (AMZN) that's really ramped up its prestige beauty offering and seen a lot more brands feel comfortable selling on digital platforms like Amazon." She notes that this competition has placed Ulta under pressure, and that "there's a lot less confidence in the margin opportunity going forward." She adds that Amazon is a "threat to everybody," as it has a wide offering of products. Wolfmeyer explains that Ulta has a mass offering larger than Sephora, so it may be losing some share to Amazon. While Ulta's target demographic is broad-based, she argues that overall, customers are "diversifying where they're shopping, and they want to shop at all the different retailers. They don't want to stay loyal to just one." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Ulta Beauty (ULTA) reachead $363.30 at the closing of the latest trading day, reflecting a -1.71% change compared to its last close.