Reported 1 day ago
If you had invested $5,000 in Ulta Beauty stock five years ago, your investment would have grown to $7,878, reflecting a 57.6% increase. However, during the same period, the S&P 500 delivered a better return of 95.5%, turning a $5,000 investment into $9,776. While Ulta's stock has faced challenges recently due to lowered consumer spending, its price-to-earnings ratio remains attractive compared to the S&P 500. Long-term investors may find value in Ulta despite its current struggles, although analysts suggest exploring other investment options.
Source: YAHOO