With its 4-star rating, we believe Ulta’s stock is undervalued compared with our long-term fair value estimate of $405 per share. For 2024, we forecast 2.4% same-store sales growth (down from 4.4%), a ...
Ulta Beauty looks undervalued at 17.5x P/E after a Q1 double beat; see growth drivers, risks, and why it’s a buy—click to ...