Reflections On The Current State Of Ulta Beauty Inc. (ULTA), Great Panther Mining Limited (GPL)

You should consider shares of Ulta Beauty Inc. (NASDAQ:ULTA) and Great Panther Mining Limited (NYSE:GPL) if you are looking for a great stocks to invest in. Starting with the ULTA shares, which traded at $237.10 at the close of the recent session, gaining 0.35%. On Tuesday, the company’s shares shed $0.83 from its value which represented in intraday trading. The stock is now -20.38% lower in year-to-date (YTD) trading. ULTA’s intraday high was $238.11 while its lowest price touched $234.26. The stock’s 52-week high price is $368.83, which means the current price is at -35.72%. In terms of trading activity, the daily trading volume fell to 1116465 against 200-day average trading volume of 1,125,623 shares.

What are analyst forecasts for Ulta Beauty Inc. (NASDAQ:ULTA)?

At a consensus rating of 3.90, ULTA is trending as a streaking Moderate Buy, as it has been the case a month ago when 19 analysts called it a Moderate Buy. Two months ago, 19 analysts recommended, on average, that ULTA stock is a Moderate Buy. The Services company’s shares’ overall bullish trend saw it close higher on Tuesday compared to its opening price of $235.24 on the day.

Forecasts for Ulta Beauty Inc. (NASDAQ:ULTA) give the stock a fair value for the growth of 13.94% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $275.50, which means the price per share could rise by nearly $38.4. The price range target is between a low of $215.00 and a high of $375.00. The stock would need to gain by about $36.77 to hit the estimated high or 0.94% from its 12-month low.

The consensus among 27 analysts is that it is a good time for one to Overweight in the Ulta Beauty Inc. 13 analysts rate ULTA as a Buy, with 1 of 27 analysts rate it as a Sell. 1 have valued the stock as Overweight and 12 have recommended that investors Hold.

Ulta Beauty Inc. (NASDAQ:ULTA) Upgrades and Downgrades

In terms of rating changes, Deutsche Bank on December 03, 2019, Resumed Ulta Beauty Inc. (ULTA) at Buy. Analysts at Barclays have assigned a Equal Weight rating for the stock in their research note on November 13, 2019 with an estimated price target of $251. Moreover, Guggenheim analysts issued a rating of Buy for the stock on October 22, 2019, giving it a price target of $300 for the next 12 months. On October 08, 2019, the stock earned a Outperform rating due to an analyst call from Wolfe Research, while analysts from Goldman on October 03, 2019 suggested that the stock is Neutral.

Great Panther Mining Limited (NYSE:GPL) adds $0.0 on Tuesday

The GPL stock has tanked -39.66% year-to-date and is currently trading at $0.43, which is -64.00% below its 52-week high. The company shares gained 0.28% on the day and have risen nearly 2.00% off a low hit. At current levels, Great Panther Mining Limited has a valuation of about $146.60M. As of 12/03/19, this stock has fallen -5.14% during the week and closed at $0.43 in the previous session. However, recent Great Panther Mining Limited stock performance shows that GPL shares are -17.63% down over the last month, and -49.37% down for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.01, with the trailing 12-month share earnings at -$0.11. The ratio is expected to be up by 300.00% for the current year 2019 and -25.00% for next year.

Sales Growth to climb 19.40% for the year

How well will Great Panther Mining Limited perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $15.13M and $17.6M in current quarter sales. The consensus estimated for the current quarter is $16.36M from sales. Forecasts for this fiscal year are between $60.82M and $80.2M and the consensus estimate for sales is at $71.17M. GPL has its next quarter sales estimates at between $15.94M and $17.65M, with the quarter-over-quarter growth estimates at 3.00% and the annual growth forecast for the year at 19.40%.

Who owns shares in Great Panther Mining Limited (GPL)?

Van Eck Associates Corporation tops the list of institutional owners as it is holding 18.86 million shares or 6.06% of shares outstanding. Franklin Resources, Inc and Smith (Donald) & Company Inc. held 12.16 million and 7.49 million representing 3.91% and 2.41% respectively at the close of the last trading session. As of Sep 29, 2019, Ruffer LLP accounted for 6.11 million shares at over 4.31 million. This represented 1.96% of shares outstanding. Mirae Asset Global Investments Co., Ltd. held 5.84 million shares at over 4.12 million representing 1.88% of shares outstanding.