A retailer of beauty products Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), is plummeting following the firm declared stronger than anticipated Q4 results but offered weaker than anticipated outlook for the present quarter.
Ulta reported that its business had experienced choppiness previous quarter and in the near the beginning part of this quarter, and that consumers were use its coupons and promotions at a greater rate during together periods.
The firm anticipates its earnings per share growth for its present fiscal year to be at the low end of its long-term outlook of 25 percent-30 percent. In the meantime, Ulta confirmed that it would make significant investments in its business throughout fiscal 2013 and that these investments would cut its earnings a share by 13c in that period. In spite of those elements of its estimate, several research companies recommended buying Ulta’s stock on today’s weakness.
Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) opened at $75.96 with 63.77 million outstanding shares and touch its highest price of $76.93 of the day and then finished at $74.14 by scoring -16.10%, as in the whole session stocks gain volume of 13.82 million shares which is higher than its average volume.
As the owner ship concerns stock institutional ownership remained 92.03% while insider ownership included 0.83%. The share capital of ULTA has 63.77 million outstanding shares amid them 50.97 million shares have been floated in market.
For investors focus on the performance of the stocks so the ULTA showed weekly ahead performance of -17.43% which was maintained for the month at -25.48%. Correspondingly the negative performance for the quarter was remained -22.49% and if took notice on yearly performance that was -16.70% whereas the year to date performance halted at -24.55%.
As the moving toward the returns measures returns on Investment ratio is significant measure which investor should have in consideration, the ULTA return on investment was recorded as 18.45% as compare to its rivals has H&R Block, Inc. (NYSE:HRB)’s ROI 18.33%, The Shipping Corporation of India Ltd. (NSE:SCI)’s ROI 1.70%, Stewart Enterprises, Inc. (NASDAQ:STEI)’s ROI +1.79%, VCA Antech Inc (NASDAQ:WOOF)’s ROI 2.73%.
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