Tuesday, December 1, 2015

Ulta Earnings Preview: If Q3 Holds, Upside Ahead $ulta, #earnings, #in

*Expense ratio peaks this quarter. Smoother sailing thereafter
*Meaningful pick-up in short interest
*Expensive but rare double-digit comp reporter with a high ROE. Valuation should not be an impediment
*If Ulta can make it through this quarter, we see a $205 target price 6-12 months out
Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) has a chance to move up on or after earnings. Ulta reports December 3rd after the market close.
Trends at Ulta have been a standout in retail with consistent double digit comp-store sales (comps). Comps drive ....
Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts.

 Disclosure: These trades can lose you money and principle especially when using leverage

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