Ulta Beauty officially picks Fresno for distribution center that would employ hundreds

Lucy Hill
March 12, 2017

The biggest institutional shareholders in Ulta Beauty, Inc. include Vanguard Group Inc which owns 5 million shares in the company valued at $1.38 B million. The firm had revenue of $1.58 billion for the quarter, compared to analysts' expectations of $1.54 billion. Foreign currency rates, mainly a weaker Mexican peso, negatively influenced total sales growth by about $96 million, or 0.5%.

Although ELF's print was solid throughout, BMO notes that inventory growth was heavier than expected at 122%; though management noted that it was a calculated move to increase supply of its fastest-moving items, and should help with out-of-stocks at retailers, which has led to lost sales in the past. Home Depot's sales for FY16 were $94.6 billion, a boost of 6.9% from FY15.

E-commerce sales grew 63.4% to $154.9 million from $94.8 million previous year, representing 380 basis points of the total company comparable sales increase of 16.6%.

In 2016, Ulta Beauty has repurchased 1,639,226 shares of its stock at a cost of $344.3 million at an average price of approximately $210 per share. During the same quarter in the prior year, the company posted $1.69 earnings per share. Earnings per diluted share in FY16 were $6.45 contrast to $5.46 per diluted share in FY15, up 18.1%. However, the city expects to see $42 million in additional sales and property taxes over the next 25 years, according to an economic analysis commissioned by the city. They now have a $297.00 price target on the stock, up from their previous price target of $294.00. Five equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock.

Marathon Petroleum Corporation (NYSE:MPC)
If we look at stock performance in last active day trading, we see that stock has moved fell -11.22% to end the day at $0.001. Investment Counsel ADV purchased a new position in Marathon Petroleum Corp during the third quarter worth about $105,000.


Shares of Ulta Beauty (NASDAQ:ULTA) traded up 4.62% during trading on Friday, reaching $286.42.

Ulta Beauty (ULTA) declared financial results for the thirteen week period and fifty-two week period ("Fiscal Year") ended January 28, 2017, which compares to the same periods ended January 30, 2016.

Yet that comp target is above management's long-term guidance, issued back in October, that projected 8% gains in fiscal years 2017 through 2019. In the fourth quarter of fiscal 2015, the company benefitted from a noteworthyreduction in promotional activity, contributing to gross profit improvement of 120 basis points. On average, equities research analysts anticipate that Ulta Beauty will post $8.02 EPS for the current year.

In the trailing 12 months period, return on assets ratio of the Company was 16.20% and return on equity ratio was 26.90% while its return on investment ratio was 22.10%. The company has a 50 day moving average price of $273.12 and a 200 day moving average price of $255.79.

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