Up About 25% This Year, Can Ulta Stock Keep Climbing?

Ulta Beauty (NASDAQ: ULTA) is back in favor. After a volatile stretch last year, Ulta shares are up roughly 25% year to date as investors warm to improving trends across the specialty beauty retailer. The company operates about 1,500 U.S. stores plus e-commerce and salon services, aiming to be a one-stop destination for mass and prestige cosmetics, skin care, hair care, and fragrance.That rebound raises a reasonable question: Can the stock continue to climb from here? The latest numbers were encouraging, and management was confident enough to lift the company's full-year outlook substantially. But when considered in light of the current valuation and a fierce rivalry with Sephora, expectations may now be about right rather than too low.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool