Lululemon Athletica inc. [LULU] stock is trading at $280.01, up 4.16%. 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 gain 6.63% over the last week, with a monthly amount glided 8.18%, and 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 28, 2024, when Wedbush reiterated its Outperform rating and also revised its price target to $324 from $400. Previously, Telsey Advisory Group reaffirmed its Outperform rating on August 26, 2024, and dropped its price target to $360. Citigroup reiterated its Neutral rating and decreased its price target to $270 on August 22, 2024. Goldman downgraded its rating to a Neutral and reduced its price target to $286 on August 02, 2024. JP Morgan reiterated a Overweight rating for this stock on July 25, 2024, and downed its price target to $338. In a note dated July 25, 2024, Citigroup downgraded an Neutral rating on this stock and revised its target price from $415 to $300.
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 $410 within the next 12 months. Lululemon Athletica inc. [NASDAQ: LULU] shares were valued at $280.01 at the most recent close of the market. An investor can expect a potential return of 46.42% based on the average LULU price forecast.
Analyzing the LULU fundamentals
Lululemon Athletica inc. [NASDAQ:LULU] reported sales of 9.99B for the trailing twelve months, which represents a growth of 7.33%. Gross Profit Margin for this corporation currently stands at 0.59% 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 0.24, Equity is 0.41 and Total Capital is 0.44. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
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 273.46 points at the first support level, and at 266.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 285.11, and for the 2nd resistance point, it is at 290.21.
Ratios To Look Out For
For context, Lululemon Athletica inc.’s Current Ratio is 2.43. Also, the Quick Ratio is 1.46, while the Cash Ratio stands at 1.1. Considering the valuation of this stock, the price to sales ratio is 3.44, the price to book ratio is 8.59 and price to earnings (TTM) ratio is 21.64.
Transactions by insiders
Recent insider trading involved NICOLE NEUBURGER, Officer, that happened on Sep 26 ’24 when 486.0 shares were purchased. Chief Executive Officer, MCDONALD CALVIN completed a deal on Sep 03 ’24 to buy 4000.0 shares. Meanwhile, Officer MICHELLE CHOE bought 6365.0 shares on Aug 28 ’24.
