Ulta Beauty Inc. (ULTA) Climbs to Annual-High Share Price

January 3, 2022 11:24:50

Shares of Ulta Beauty Inc. (NASDAQ:ULTA) traded today at $419.29, eclipsing its 12-month high. This new high was reached on below average trading volume as 274,000 shares traded hands, while the average 30-day volume is approximately 818,000 shares.

In the past 12 months, Ulta Beauty Inc. share prices are bracketed by a low of $276.00 and a high of $419.29 and are now at $418.95, 52% above that low price.

Ulta Beauty is the largest specialized beauty retailer in the U.S. with approximately 1,300 stores. The firm offers makeup (44% of 2020 sales), fragrances, skincare, and haircare (20% of 2020 sales) products, and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.

Ulta Beauty Inc. defies analysts with a current price ($418.95) 80.5% above its average consensus price target of $81.84.

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