Lululemon Athletica inc. [LULU] stock prices are up 1.73% to $304.15 at the moment. 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 4.29% over the last week, with a monthly amount glided 13.14%, 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 October 01, 2024, when Morgan Stanley reiterated its Overweight rating and also revised its price target to $314 from $326. Previously, Wedbush reaffirmed its Outperform rating on August 28, 2024, and dropped its price target to $324. On August 26, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $360 on the stock. Citigroup reiterated its recommendation of a Neutral and reduced its price target to $270 on August 22, 2024. Goldman downgraded its rating to Neutral for this stock on August 02, 2024, and downed its price target to $286. In a note dated July 25, 2024, JP Morgan reiterated an Overweight rating on this stock and revised its target price from $457 to $338.
The stock price of Lululemon Athletica inc. [LULU] has been fluctuating between $226.01 and $516.39 over the past year. Currently, Wall Street analysts expect the stock to reach $400.58 within the next 12 months. Lululemon Athletica inc. [NASDAQ: LULU] shares were valued at $304.15 at the most recent close of the market. An investor can expect a potential return of 31.7% based on the average LULU price forecast.
Analyzing the LULU fundamentals
The Lululemon Athletica inc. [NASDAQ:LULU] reported sales of 9.99B for trailing twelve months, representing a surge 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 300.08 points at the first support level, and at 296.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 310.65, and for the 2nd resistance point, it is at 317.16.
Ratios To Look Out For
It’s worth pointing out that Lululemon Athletica inc. [NASDAQ:LULU]’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 3.74, the price to book ratio is 9.33 and price to earnings (TTM) ratio is 23.50.
Transactions by insiders
Recent insider trading involved NEUBURGER NICOLE, Chief Brand Officer, that happened on Sep 26 ’24 when 486.0 shares were sold. Officer, NICOLE NEUBURGER completed a deal on Sep 26 ’24 to buy 486.0 shares. Meanwhile, Chief Executive Officer MCDONALD CALVIN bought 4000.0 shares on Sep 03 ’24.
