ULTA Salon, Cosmetics & Fragrance (ULTA) was a big mover last session, as the company saw its shares surge a massive 18% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock is now up 22.6% in the past one-month time frame.
The company has seen 8 positive estimate revisions in the past one month, while its Zacks Consensus Estimate rose over the same timeframe, suggesting that more solid trading could be ahead for the company. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
ULTA Salon, Cosmetics & Fragrance currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other better-ranked players in the retail sector include Barnes & Noble, Inc. (BKS), carrying a Zacks Rank #1 (Strong Buy) along with Bed Bath & Beyond Inc. (BBBY) and Jumei International Holding Limited (JMEI) with a Zacks Rank #2 (Buy).
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