Ulta Beauty, Inc. : In an accumulation phase
Entry price | Target | Stop-loss | Potential |
---|
$482.86 |
$540 |
$455 |
+11.83% |
---|
There has been very little movement in Ulta Beauty, Inc.'s share price. This situation is bound to change. An exit on the upside out of the current trading range should go with a comeback in volatility. Therefore, the timing for new long positions seems good.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths● The company is in a robust financial situation considering its net cash and margin position.
● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
● Historically, the company has been releasing figures that are above expectations.
Weaknesses● The company appears highly valued given the size of its balance sheet.
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Surperformance is Buy on ULTA BEAUTY, INC. since 2022-09-22
.