At the time of writing, Lululemon Athletica inc [LULU] stock is trading at $373.54, up 0.40%. An important factor to consider is whether the stock is rising or falling in short-term value. The LULU shares have lost -4.06% over the last week, with a monthly amount glided 23.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lululemon Athletica inc [NASDAQ: LULU] stock has seen the most recent analyst activity on December 06, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $430 from $360. Previously, Jefferies reaffirmed its Underperform rating on December 02, 2024, and kept the price target unchanged to $220. On November 22, 2024, Needham initiated with a Hold rating. Morgan Stanley reiterated its Overweight rating and decreased its price target to $314 on October 01, 2024. Wedbush reiterated its recommendation of a Outperform and reduced its price target to $324 on August 28, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on August 26, 2024, and downed its price target to $360.
For the past year, the stock price of Lululemon Athletica inc fluctuated between $226.01 and $516.39. Currently, Wall Street analysts expect the stock to reach $323.85 within the next 12 months. Lululemon Athletica inc [NASDAQ: LULU] shares were valued at $373.54 at the most recent close of the market. An investor can expect a potential drop of -13.3% based on the average LULU price forecast.
Analyzing the LULU fundamentals
According to Lululemon Athletica inc [NASDAQ:LULU], the company’s sales were 10.18B for trailing twelve months, which represents an 8.73% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.27, Equity is 0.41 and Total Capital is 0.56. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.
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 368.97 points at the first support level, and at 364.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 377.81, and for the 2nd resistance point, it is at 382.07.
Ratios To Look Out For
It is important to note that Lululemon Athletica inc [NASDAQ:LULU] has a current ratio of 2.00. On the other hand, the Quick Ratio is 1.00, and the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 4.66, the price to book ratio is 11.45 and price to earnings (TTM) ratio is 26.98.
Transactions by insiders
Recent insider trading involved BURGOYNE CELESTE, Pres Americas & Global Guest, that happened on Dec 09 ’24 when 24870.0 shares were sold. Officer, CELESTE BURGOYNE completed a deal on Dec 09 ’24 to buy 2300.0 shares. Meanwhile, Officer MEGHAN FRANK bought 2181.0 shares on Dec 09 ’24.