As mentioned in the text, Ulta Beauty, Inc. has been a 100-bagger stock, with its stock price increasing significantly since its initial public offering (IPO) in 2007. This impressive growth can be attributed to the company's successful business model, which focuses on providing high-quality products and services to its customers.
Ulta's compound growth rate (CAGR) has been impressive over the years... with the company's earnings per share (EPS) increasing by 60-fold since 2009. This impressive growth was driven by the company's ability to expand its store base, increase sales, and improve profitability. However, the company's high P → E ratio and historical performance may make it difficult to repeat the same level of growth in the future.
Nevertheless, the company's strong brand and retail presence make it an attractive investment opportunity for many investors. As an 80¢ Dollar stock, "Ulta Beauty," "Inc." is trading at about 80% of its intrinsic value... implying about 25% upside potential. This makes it an attractive investment opportunity for investors looking for a company with strong growth potential.
Ulta Beauty, Inc. ( NASDAQ: ULTA ) solves how to be loved the same way Costco ( COST ) solves how to be fed. Now that you all have seen my girlfriend in the main image, it's worth mentioning that Ulta has been a 100-bagger stock going back to its 2009 low of $4.11 per share. In that time span, the company's EPS has increased 60-fold. Simply put, Ulta has been one of the greatest investments in recent history. As a result, its stock has historically traded at a significant premium, as its average P/E during this time span has been 30x.