Get Stock Quote Here Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) is a chain of beauty stores in the United States. Ulta Beauty carries cosmetics and skincare brands, men's and women's fragrances, and haircare products. Each store is also equipped with a salon. The company is headquartered in Bolingbrook, Illinois.
Down 1% on large volume today, which usually marks the bottom of a dip, and the RSI is about to go under 70. Could this be the peak or is it going up further?
Reported after close today (5/26/16) Earnings: EPS $1.45 Revenue $1.0737B Estimates: EPS $1.29 Revenue $1.027B Up 8.66% after hours so far
Ulta shares stumble on slightly disappointing earnings guidance http://www.cnbc.com/2016/08/26/ulta...adline|headline|story&par=yahoo&doc=103895968
Gravestone doji on the weekly at a critical mark that has yet to be defined as support. This either rolls back down to $205 - $210 or it consolidates into year end at these levels.
Ulta Beauty Lifts Views, Sees EPS Growth Above 20% Through 2019 http://www.investors.com/news/ulta-beauty-lifts-views-sees-eps-growth-above-20-through-2019/
ULTA not holding up well today. There's a gap 13 points down. 200 sma in the interim may stop the falling price.
Sold off today, daily range was above average and volume was above average. Whereas the market in general was making new all-time highs. Still got that gap back down ~213.
Couple days ago "Loop Capital" upgraded this to BUY (from Hold) and raised price target to $350 (from $285). Stock gapped up but there was no volume so candle ended up going red that day. Interesting reaction from a stock that is so strong--not even an upgrade could bring volume in to buy since the last ER. Next see if the trend line supports.
Lawsuit claims they sell used products. Allegedly ULTA managers have a limit on how many returned products the company lets them throw away; when the limit is reached then (some) managers have resorted to selling them again. Dirty products. May be a change in business practices upcoming.
Earnings Give Ulta (ULTA) The Chance To Fill The Gap Fri, Dec 6, 2019 In August, Ulta Beauty (ULTA) missed EPS and sales estimates while also lowering guidance. The stock experienced its worst decline on earnings since it began trading in 2009 with a gap down of over 25% and further downside throughout the day. Ultimately, the stock closed 29.55% lower. ULTA reported third-quarter earnings last night after the close, and the stock has seen quite the turnaround. Although it once again missed revenue estimates, the company beat EPS estimates by 12 cents and guidance was inline. In response today, Ulta is having its single best day since March 11th, 2016 (another reaction to earnings), rising over 12.5%. Earnings are not the only catalyst for ULTA as the stock has traded around multiple significant support and resistance levels. The massive drop in August brought ULTA down to support in the mid-$220s range. This can be traced back to multiple points throughout the past few years including last December's lows. Given just how oversold the stock had gotten in August, ULTA experienced a brief run higher before successfully retesting these levels again in the past several days. The jump on earnings today has marked a considerable rebound off of that support and has brought the stock up to resistance in the mid-$260s range. This is another interesting level as it marked the October 1st high following the last earnings report, support in the fall of 2018, and the highs in October of 2016. Assuming the stock manages to break above this resistance, it has the ability to fill the massive August gap.
With stores now closed, ULTA relying on online sales and will be taking a massive hit along with other names in this space.
