Is Ulta Beauty (ULTA) Attractive After This Year’s 23% Share Price Decline

Wondering whether Ulta Beauty at around US$476 per share looks expensive, cheap, or somewhere in between? This article focuses squarely on what the current price might be offering you. Over the past week the stock is up 3.0%, although it is down 5.7% over the past month and down 23.2% year to date, while the 1 year return sits at 3.0%. Recent coverage has focused on how Ulta Beauty fits into the broader specialty retail sector and what its long term store footprint and beauty category…

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