Among the biggest risers on the S&P 500 on Tuesday November 05 was Ulta Beauty Inc. ($ULTA), popping some 3.47% to a price of $245.42 a share with some 1.51 million shares trading hands.
Starting the day trading at $237.51, Ulta Beauty Inc. reached an intraday high of $247.64 and hit intraday lows of $237.51. Shares gained $8.23 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 58.85 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $224.43 to $368.83.
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.
Ulta Beauty Inc. has its corporate headquarters located in Bolingbrook, IL and employs 44,000 people. Its market cap has now risen to $14.44 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 7.85, and P/FCF n/a.
The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.