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Should Investors Buy Ulta Beauty Stock on the Dip?

Ulta reported quarterly financial data that disappointed stock market investors.

By Parkev Tatevosian, CFA – May 31, 2023 at 5:30AM EST

Fool.com contributor and finance professor Parkev Tatevosian reviews Ulta's (ULTA 1.00%) latest performance and then answers if the stock is a good value for long-term investors.

*Stock prices used were the afternoon prices of May 28, 2023. The video was published on May 30, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Ulta Beauty. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Ulta Beauty Stock Quote
Ulta Beauty
NASDAQ: ULTA
$646.34
(-1.12%)-$7.30

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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