A share price of Lululemon Athletica inc. [LULU] is currently trading at $249.05, down -3.72%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LULU shares have gain 0.70% over the last week, with a monthly amount drifted -17.44%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lululemon Athletica inc. [NASDAQ: LULU] stock has seen the most recent analyst activity on July 25, 2024, when JP Morgan reiterated its Overweight rating and also revised its price target to $338 from $457. Previously, Citigroup downgraded its rating to Neutral on July 25, 2024, and dropped its price target to $300. On June 06, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $425 on the stock. Telsey Advisory Group reiterated its Outperform rating and decreased its price target to $470 on June 06, 2024. JP Morgan reiterated its recommendation of a Overweight and reduced its price target to $457 on June 06, 2024. In a note dated April 29, 2024, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $546 to $395.
Lululemon Athletica inc. experienced fluctuations in its stock price throughout the past year between $245.59 and $516.39. Currently, Wall Street analysts expect the stock to reach $427.42 within the next 12 months. Lululemon Athletica inc. [NASDAQ: LULU] shares were valued at $249.05 at the most recent close of the market. An investor can expect a potential return of 71.62% based on the average LULU price forecast.
Analyzing the LULU fundamentals
Trailing Twelve Months sales for Lululemon Athletica inc. [NASDAQ:LULU] were 9.83B which represents 10.40% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.41 and Total Capital is 0.41. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 243.41 points at the first support level, and at 237.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 257.41, and for the 2nd resistance point, it is at 265.76.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lululemon Athletica inc. [NASDAQ:LULU] is 2.72. As well, the Quick Ratio is 1.75, while the Cash Ratio is 1.37. Considering the valuation of this stock, the price to sales ratio is 3.17, the price to book ratio is 7.41 and price to earnings (TTM) ratio is 19.96.
Transactions by insiders
Recent insider trading involved MORFITT MARTHA A M, Director, that happened on Mar 27 ’24 when 3000.0 shares were purchased. Director, MORFITT MARTHA A M completed a deal on Mar 26 ’24 to buy 700.0 shares. Meanwhile, Chief Executive Officer MCDONALD CALVIN sold 25000.0 shares on Dec 18 ’23.
