FMP
May 20, 2024 12:39 PM - Davit Kirakosyan
ULTA Salon (NASDAQ:ULTA) shares fell more than 1% pre-market today after Piper Sandler analysts reduced their price target for the stock to $505 from $595, while keeping an Overweight rating.
The analysts expressed caution about ULTA's short-term performance due to increased competition and general market normalization. However, from a stock perspective, they still consider ULTA a good buy.
The analysts noted that the anticipated share loss for ULTA is minimal due to several factors detailed in the report, and with structurally stronger margins compared to previous years, the expected EPS growth justifies a higher P/E ratio than it currently has.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...