Simple ideas can produce market-beating stocks too, including cosmetics retailer Ulta Beauty (NASDAQ: ULTA). Ulta Beauty is a U.S. cosmetics retailer with 1,437 stores as of the end of its fiscal third quarter of 2024.

It ended the year with Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) selling a large chunk of his recently initiated position in the stock and a continuation of the pressure it's been experiencing the whole year.

Shares of Ulta Beauty (NASDAQ: ULTA) were climbing higher last month after the beauty superstore chain posted better-than-expected results in its third-quarter earnings report, showing improvement on the bottom line,

Shares of Ulta Beauty Inc. ULTA advanced 1.46% to $413.33 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 5,937.34 and Dow Jones Industrial Average DJIA falling 0.16% to 43,153.13.

Five years ago, Ulta's stock traded at about $267 a share and closed at over $415 on Jan. 8. That works out to a 57.6% appreciation. Your $5,000 investment would've grown to $7,878.Ulta Beauty's stock doesn't pay dividends, so that doesn't factor into the return.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $442.68, a high estimate of $538.00, and a low estimate of $330.00. Surpassing the previous average price target of $415.05, the current average has increased by 6.66%.

B. Riley raised their FY2025 earnings per share estimates for Ulta Beauty in a note issued to investors on Tuesday, January 7th. B. Riley analyst A. Glaessgen now anticipates that the specialty retailer will post earnings per share of $24.

Ulta Beauty Inc. closed $170.70 below its 52-week high ($574.76), which the company reached on March 14th.

One stock that might be an intriguing choice for investors right now is Ulta Beauty, Inc. ULTA. This is because this security in the Retail - Miscellaneous space is seeing solid earnings estimate revision activity,

StockNews.com upgraded shares of Ulta Beauty (NASDAQ:ULTA – Free Report) from a sell rating to a hold rating in a research note released on Tuesday morning. ULTA has been the topic of several other reports.