In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Lululemon Athletica inc. (NASDAQ: LULU) closed at $349.85 down -0.11% from its previous closing price of $350.24. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 1.21 million shares were traded. LULU stock price reached its highest trading level at $354.16 during the session, while it also had its lowest trading level at $348.8.
Ratios:
For a deeper understanding of Lululemon Athletica inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 2.49. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on April 29, 2024, Downgraded its rating to Equal Weight and sets its target price to $395 from $546 previously.
On April 04, 2024, Jefferies reiterated its Underperform rating and also upped its target price recommendation from $300 to $240.
Needham reiterated its Buy rating for the stock on March 22, 2024, while the target price for the stock was revised from $525 to $500.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 27 ’24 when MORFITT MARTHA A M bought 3,000 shares for $389.00 per share. The transaction valued at 1,167,000 led to the insider holds 89,445 shares of the business.
MORFITT MARTHA A M bought 700 shares of LULU for $272,501 on Mar 26 ’24. The Director now owns 500 shares after completing the transaction at $389.29 per share. On Dec 18 ’23, another insider, MCDONALD CALVIN, who serves as the Chief Executive Officer of the company, sold 25,000 shares for $497.50 each. As a result, the insider received 12,437,539 and left with 73,793 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LULU now has a Market Capitalization of 44083900416 and an Enterprise Value of 43243241472. As of this moment, Lululemon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.65, and their Forward P/E ratio for the next fiscal year is 22.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.58 while its Price-to-Book (P/B) ratio in mrq is 10.43. Its current Enterprise Value per Revenue stands at 4.495 whereas that against EBITDA is 16.718.
Stock Price History:
Over the past 52 weeks, LULU has reached a high of $516.39, while it has fallen to a 52-week low of $326.93. The 50-Day Moving Average of the stock is -12.63%, while the 200-Day Moving Average is calculated to be -16.55%.
Shares Statistics:
For the past three months, LULU has traded an average of 1.94M shares per day and 1431210 over the past ten days. A total of 121.11M shares are outstanding, with a floating share count of 110.23M. Insiders hold about 12.45% of the company’s shares, while institutions hold 87.62% stake in the company. Shares short for LULU as of 1713139200 were 3793978 with a Short Ratio of 1.96, compared to 1710460800 on 3461920. Therefore, it implies a Short% of Shares Outstanding of 3793978 and a Short% of Float of 3.7199999999999998.
