Lululemon Athletica inc. [LULU] stock is trading at $241.75, up 3.56%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LULU shares have lost -2.93% over the last week, with a monthly amount drifted -16.08%, 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 August 02, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $286 from $463. Previously, JP Morgan reaffirmed its Overweight rating on July 25, 2024, and dropped its price target to $338. On July 25, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $300 on the stock. HSBC Securities upgraded its rating to a Buy but stick to its price target of $425 on June 06, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and reduced its price target to $470 on June 06, 2024. JP Morgan reiterated a Overweight rating for this stock on June 06, 2024, and downed its price target to $457.
Lululemon Athletica inc. [LULU] stock has fluctuated between $226.01 and $516.39 over the past year. Currently, Wall Street analysts expect the stock to reach $420.3 within the next 12 months. Lululemon Athletica inc. [NASDAQ: LULU] shares were valued at $241.75 at the most recent close of the market. An investor can expect a potential return of 73.86% based on the average LULU price forecast.
Analyzing the LULU fundamentals
Lululemon Athletica inc. [NASDAQ:LULU] reported sales of 9.83B for the trailing twelve months, which represents a growth of 10.40%. 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 237.40 points at the first support level, and at 233.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 244.62, and for the 2nd resistance point, it is at 247.50.
Ratios To Look Out For
For context, Lululemon Athletica inc.’s Current Ratio is 2.72. Also, the Quick Ratio is 1.75, while the Cash Ratio stands at 1.37. Considering the valuation of this stock, the price to sales ratio is 3.07, the price to book ratio is 7.19 and price to earnings (TTM) ratio is 19.37.
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.
