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Stock Market & Financial Investment News

News Breaks
June 11, 2014
12:26 EDTSBH, LB, ULTA, RGSUlta Salon rallies after better than expected results
Shares of beauty products retailer Ulta Salon (ULTA) are rising after the company's first quarter quarter results topped analysts' consensus estimates. WHAT'S NEW: Last night, Ulta Salon reported Q1 earnings per share of 77c and revenue of $713.8M, topping estimates of 74c and $699.95M, respectively. Q1 same store sales increased 8.7%. WHAT'S NOTABLE: The company forecast Q2 EPS of 78c-83c and revenue of $706M-$717M, compared to consensus of 82c and $703.95M, respectively. Q2 SSS were seen increasing 5%-7%. Ulta Salon confirmed its FY14 EPS and revenue would grow at a mid-teens percentage range, with SSS growth of approximately 4%-6%. In FY14, Ulta expects to expand square footage by 15%, open 100 net new stores, and generate free cash flow in excess of $100M. ANALYST REACTION: This morning, research firm RW Baird said Ulta Salon remains a quality growth story following its strong Q1 results, citing its attractive industry, significant unit runway, and compelling initiatives. The firm kept its Outperform rating and $110 price target on the shares. Another firm, Wells Fargo, said the company's traffic trends were exceptional in Q1, while its underlying gross margin trend is healthy. The firm kept an Outperform rating on the shares. PRICE ACTION: In early afternoon trading, Ulta Salon rose $11.95, or about 14%, to $97.26 on nearly four times its average daily trading volume. Including today's advance, the stock is up approximately 17% over the past 12 months. OTHERS TO WATCH: Other companies in the beauty industry include Sally Beauty Holdings (SBH), Regis Corporation (RGS), and L Brands (LB).
News For ULTA;SBH;RGS;LB From The Last 14 Days
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March 25, 2015
07:54 EDTSBHSally Beauty price target raised to $40 from $36 at RW Baird
Baird raised its price target on Sally Beauty to $40 from $36 on increased conviction the company can improve results across multiple facets of its business. The firm also sees solid industry dynamics, structural margin drivers, and continued buybacks and reiterated its Outperform rating on Sally Beauty shares.
March 24, 2015
10:01 EDTLBOn The Fly: Analyst Initiation Summary
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06:56 EDTLBL Brands initiated with a Buy at Topeka
Target $106.
March 20, 2015
06:10 EDTULTAUlta Salon implied volatility of 23 at lower end of index mean range
March 19, 2015
10:42 EDTULTAOptions with decreasing implied volatility
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March 17, 2015
10:13 EDTULTAOptions with decreasing implied volatility
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06:02 EDTULTAUlta Salon implied volatility of 23 at lower end of index mean range
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March 16, 2015
10:14 EDTULTAOptions with decreasing implied volatility
Options with decreasing implied volatility: EXPR ULTA SGMS QIHU BKS PAY URBN AGN AGNC
March 13, 2015
10:37 EDTULTAOptions with decreasing implied volatility
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10:15 EDTULTAUlta Salon rises after results, levels to watch
Shares hit a fresh 52-week high at $156 near the open today but shares have been declining since, last at $151.82. Support is at the low of the day at $149.70.
10:09 EDTULTAHigh option volume stocks
High option volume stocks: ULTA HOG CTIC CTL LOCO IMPV BMRN IMOS ATHX GALE
09:25 EDTULTAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: FXCM (FXCM), up 15.8%... El Pollo LoCo (LOCO), up 9.9%... Ulta Salon (ULTA), up 7.1%... Hibbett Sports (HIBB), up 5.1%... Ann Inc (ANN), up 5.5%... Spectrum Pharmaceuticals (SPPI), up 2.9%. ALSO HIGHER: Herbalife (HLF), up 5.1% following a Wall Street Journal report that federal prosecutors are investigating potential stock manipulation... Mobileye (MBLY), up 4.7% after being upgraded at Goldman... NXP Semiconductors (NXPI), up 1.7% after being initiated with a Strong Buy at Needham. DOWN AFTER EARNINGS: Aeropostale (ARO), down 13.2%... CTI BioPharma (CTIC), down 7.7%... Civeo (CVEO), down 3.4%. ALSO LOWER: Galena Biopharma (GALE), down 10.4% after announcing public offering of common stock and warrants... Whiting Petroleum (WLL), down 7.6% following a report from Reuters that explains that the company looks to sell certain assets instead of the whole company... Continental Building (CBPX), down 7.5% after 5M share Spot Secondary priced at $19.70.
08:23 EDTULTAUlta Salon price target raised to $170 from $145 at Cowen
Cowen raised its price target on Ulta Salon to $170 from $145 citing the company's execution on new products, loyalty program and gifting, and continued gains in supply chain efficiencies and e-commerce. Cowen reiterated its Outperform rating on Ulta Salon shares.
08:17 EDTULTAUlta Salon price target raised to $175 from $145 at RW Baird
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07:43 EDTULTAUlta Salon reported 'blowout' results, says Oppenheimer
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06:55 EDTULTAUlta Salon price target raised to $171 from $160 at JPMorgan
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06:01 EDTULTAStocks with implied volatility above IV index mean; ULTA CTRP
Stocks with implied volatility above IV index mean; Ulta Salon (ULTA) 44, Ctrip.com (CTRP) 55 according to iVolatility.

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