Fintel reports that on November 21, 2024, William Blair downgraded their outlook for Ulta Beauty (LSE:0LIB) from Outperform to Market Perform.
Analyst Price Forecast Suggests 17.15% Upside
As of October 22, 2024, the average one-year price target for Ulta Beauty is 406.93 GBX/share. The forecasts range from a low of 303.05 GBX to a high of 495.68 GBX. The average price target represents an increase of 17.15% from its latest reported closing price of 347.37 GBX / share.
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The projected annual revenue for Ulta Beauty is 11,506MM, an increase of 1.63%. The projected annual non-GAAP EPS is 26.72.
What is the Fund Sentiment?
There are 1,840 funds or institutions reporting positions in Ulta Beauty. This is an decrease of 28 owner(s) or 1.50% in the last quarter. Average portfolio weight of all funds dedicated to 0LIB is 0.22%, an increase of 6.84%. Total shares owned by institutions decreased in the last three months by 2.18% to 50,058K shares.
What are Other Shareholders Doing?
BlackRock holds 4,304K shares representing 9.13% ownership of the company.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,509K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 1,530K shares , representing a decrease of 1.42%. The firm decreased its portfolio allocation in 0LIB by 29.24% over the last quarter.
T. Rowe Price Investment Management holds 1,423K shares representing 3.02% ownership of the company. In its prior filing, the firm reported owning 1,410K shares , representing an increase of 0.92%. The firm decreased its portfolio allocation in 0LIB by 2.76% over the last quarter.
International Assets Investment Management holds 1,239K shares representing 2.63% ownership of the company. In its prior filing, the firm reported owning 1K shares , representing an increase of 99.94%. The firm decreased its portfolio allocation in 0LIB by 64.97% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 1,230K shares representing 2.61% ownership of the company. In its prior filing, the firm reported owning 1,224K shares , representing an increase of 0.53%. The firm decreased its portfolio allocation in 0LIB by 29.77% over the last quarter.
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