Ulta Beauty, Inc. : The revival in interest should continue
Entry price | Target | Stop-loss | Potential |
---|
$339.27 |
$423 |
$295 |
+24.68% |
---|
Ulta Beauty, Inc. shares have been in strong demand lately. The technical chart pattern looks positive which may give rise to new gains.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths●
● The company is in a robust financial situation considering its net cash and margin position.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
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● The group usually releases upbeat results with huge surprise rates.
Weaknesses
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Surperformance is Buy on ULTA BEAUTY, INC. since 2022-09-22
.