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Analysts Offer Insights on Consumer Cyclical Companies: Stitch Fix (SFIX) and Ulta Beauty (ULTA)

Tipranks - Thu Jun 4, 7:56AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Stitch Fix (SFIX) and Ulta Beauty (ULTA).

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Stitch Fix (SFIX)

Telsey Advisory analyst Joe Feldman maintained a Hold rating on Stitch Fix today and set a price target of $5.00. The company’s shares closed last Tuesday at $3.52.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 4.1% and a 50.9% success rate. Feldman covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, aka Brands Holding Corp, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on Stitch Fix is a Moderate Buy with an average price target of $5.00, a 37.4% upside from current levels. In a report issued on May 19, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $3.00 price target.

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Ulta Beauty (ULTA)

Telsey Advisory analyst Dana Telsey maintained a Buy rating on Ulta Beauty today and set a price target of $715.00. The company’s shares closed last Tuesday at $494.87, close to its 52-week high of $529.67.

According to TipRanks.com, Telsey is a 1-star analyst with an average return of -0.3% and a 41.5% success rate. Telsey covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Brilliant Earth Group, and Wolverine World Wide. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ulta Beauty with a $656.17 average price target, representing a 31.2% upside. In a report issued on May 20, TipRanks – Google also upgraded the stock to Buy with a $530.00 price target.

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