Among the S&P 500’s biggest fallers on Friday October 04 was Ulta Beauty Inc. (ULTA). The stock experienced a 2.65% decline to $250.60 with 1.71 million shares changing hands.
Ulta Beauty Inc. started at an opening price of 257.71 and hit a high of $258.09 and a low of $250.26. Ultimately, the stock took a hit and finished the day at $6.83 per share. Ulta Beauty Inc. trades an average of n/a shares a day out of a total 58.85 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Ulta Beauty Inc. hit a high of $368.83 and a low of $224.43 over the last year.
Ulta Salon Cosmetics & Fragrance is a North American beauty retailer for cosmetics, skin-care products, fragrance, hair-care products, and salon services. The company offers products from over 500 beauty brands across all categories and price points, including its own private label. Additionally, Ulta offers full-service salon in every store, featuring hair, skin, and brow services. Its stores are predominantly located in convenient and high-traffic locations. A typical Ulta store has more than 20,000 prestige, mass, and professional beauty products.
With its headquarters located in Bolingbrook, IL, Ulta Beauty Inc. employs 44,000 people. After today’s trading, the company’s market cap has fallen to $14.75 billion, a P/S of n/a, a P/B of 8.02, and a P/FCF of n/a.
For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.
The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.
