A share price of Lululemon Athletica inc. [LULU] is currently trading at $260.60, up 0.57%. An important factor to consider is whether the stock is rising or falling in short-term value. The LULU shares have gain 7.71% over the last week, with a monthly amount drifted -8.56%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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. experienced fluctuations in its stock price throughout the past year between $226.01 and $516.39. 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 $260.60 at the most recent close of the market. An investor can expect a potential return of 61.28% 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 258.17 points at the first support level, and at 255.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 262.18, and for the 2nd resistance point, it is at 263.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lululemon Athletica inc. [NASDAQ:LULU] is 2.72. On the other hand, the Quick Ratio is 1.75, and the Cash Ratio is 1.37. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 7.76 and price to earnings (TTM) ratio is 20.88.
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 Financial Officer FRANK MEGHAN sold 1553.0 shares on Dec 18 ’23.
