Ulta Beauty Inc. (NASDAQ:ULTA) traded today at a new 52-week high of $376.50. Approximately 134,000 shares have changed hands today, as compared to an average 30-day volume of 497,000 shares.
Ulta Beauty Inc. (NASDAQ:ULTA) defies analysts with a current price ($374.19) 56.7% above its average consensus price target of $161.88.
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.
In the past 52 weeks, shares of Ulta Beauty Inc. have traded between a low of $200.50 and a high of $376.50 and is now at $374.19, which is 87% above that low price.
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