Lululemon Athletica inc. (NASDAQ: LULU) closed the day trading at $403.19 down -15.80% from the previous closing price of $478.84. In other words, the price has decreased by -$75.65 from its previous closing price. On the day, 19602721 shares were traded. LULU stock price reached its highest trading level at $418.47 during the session, while it also had its lowest trading level at $387.11.
Ratios:
For a better understanding of LULU, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.90. 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 this company, Needham on March 22, 2024, Reiterated its Buy rating but revised its target price to $500 from $525 previously.
On February 09, 2024, Exane BNP Paribas Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $430 to $415.
HSBC Securities Downgraded its Buy to Hold on January 22, 2024, while the target price for the stock was maintained at $500.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 18 ’23 when MCDONALD CALVIN sold 25,000 shares for $497.50 per share. The transaction valued at 12,437,539 led to the insider holds 73,793 shares of the business.
FRANK MEGHAN sold 1,553 shares of LULU for $776,500 on Dec 18 ’23. The Chief Financial Officer now owns 8,381 shares after completing the transaction at $500.00 per share. On Dec 18 ’23, another insider, NEUBURGER NICOLE, who serves as the Chief Brand Officer of the company, sold 705 shares for $500.00 each. As a result, the insider received 352,500 and left with 3,996 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 50.65B and an Enterprise Value of 49.81B. As of this moment, Lululemon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.02, and their Forward P/E ratio for the next fiscal year is 25.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.28 while its Price-to-Book (P/B) ratio in mrq is 12.03. Its current Enterprise Value per Revenue stands at 5.18 whereas that against EBITDA is 19.26.
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 $300.78. The 50-Day Moving Average of the stock is 463.82, while the 200-Day Moving Average is calculated to be 421.34.
Shares Statistics:
Over the past 3-months, LULU traded about 1.22M shares per day on average, while over the past 10 days, LULU traded about 3.34M shares per day. A total of 121.11M shares are outstanding, with a floating share count of 109.89M. Insiders hold about 12.78% of the company’s shares, while institutions hold 87.80% stake in the company. Shares short for LULU as of Feb 29, 2024 were 2.97M with a Short Ratio of 2.42, compared to 2.85M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.35% and a Short% of Float of 2.90%.
Earnings Estimates
Current recommendations for the stock of the company come from 20 analysts. On average, analysts expect EPS of $2.53 for the current quarter, with a high estimate of $2.67 and a low estimate of $2.17, while EPS last year was $2.28. The consensus estimate for the next quarter is $3.07, with high estimates of $3.27 and low estimates of $2.68.
Analysts are recommending an EPS of between $15.09 and $12.3 for the fiscal current year, implying an average EPS of $14.11. EPS for the following year is $16.13, with 27 analysts recommending between $17.57 and $14.1.
Revenue Estimates
A total of 33 analysts have provided revenue estimates for LULU’s current fiscal year. The highest revenue estimate was $11.11B, while the lowest revenue estimate was $9.62B, resulting in an average revenue estimate of $10.86B. In the same quarter a year ago, actual revenue was $9.62B, up 12.90% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $12.14B in the next fiscal year. The high estimate is $12.74B and the low estimate is $10.8B. The average revenue growth estimate for next year is up 11.90% from the average revenue estimate for this year.
