Shares of Ulta Beauty ( ULTA -3.07%) were climbing higher last month after the beauty superstore chain posted better-than-expected results in its third-quarter earnings report, showing improvement on the bottom line, and that the worst of its market-share losses seemed to be behind it.

CEO Dave Kimbell is stepping down effective immediately, Ulta said Monday, and will stay on as an advisor through June 28.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $442.68, a high estimate of $538.00, and a low estimate of $330.00. Surpassing the previous average price target of $415.05, the current average has increased by 6.66%.

Kecia Steelman named President and Chief Executive Officer of Ulta Beauty. (Photo: Business Wire)

Shares of Ulta Beauty Inc. ULTA slipped 3.07% to $415.14 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,918.25 and the Dow Jones Industrial Average DJIA rising 0.

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