2. As of noon trading, Ulta Salon Cosmetics & Fragrances ( ULTA) is up $1.57 (1.8%) to $90.51 on light volume Thus far, 165,414 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 744,500 shares. The stock has ranged in price between $88.85-$90.52 after having opened the day at $88.85 as compared to the previous trading day's close of $88.94.

Ulta Salon, Cosmetics & Fragrance, Inc. operates as a beauty retailer that provides prestige, mass, and salon products; and salon services in the United States. Ulta Salon Cosmetics & Fragrances has a market cap of $5.6 billion and is part of the services sector. The company has a P/E ratio of 39.7, above the S&P 500 P/E ratio of 17.7. Shares are up 37.1% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ulta Salon Cosmetics & Fragrances as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Ulta Salon Cosmetics & Fragrances Ratings Report now.

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