Lululemon Athletica inc. (NASDAQ: LULU) closed the day trading at $390.65 up 0.31% from the previous closing price of $389.46. In other words, the price has increased by $+1.19 from its previous closing price. On the day, 1690501 shares were traded.
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 21.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.94. 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 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 49.23B and an Enterprise Value of 48.38B. As of this moment, Lululemon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.99, and their Forward P/E ratio for the next fiscal year is 24.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.12 while its Price-to-Book (P/B) ratio in mrq is 11.65. Its current Enterprise Value per Revenue stands at 5.03 whereas that against EBITDA is 18.71.
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 $314.22. The 50-Day Moving Average of the stock is 456.83, while the 200-Day Moving Average is calculated to be 421.93.
Shares Statistics:
Over the past 3-months, LULU traded about 1.64M shares per day on average, while over the past 10 days, LULU traded about 4.17M shares per day. A total of 121.11M shares are outstanding, with a floating share count of 109.89M. Insiders hold about 12.79% of the company’s shares, while institutions hold 87.75% stake in the company. Shares short for LULU as of Mar 15, 2024 were 3.46M with a Short Ratio of 2.11, compared to 2.69M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.75% and a Short% of Float of 3.39%.
Earnings Estimates
Current recommendations for the stock of the company come from 23 analysts. On average, analysts expect EPS of $2.39 for the current quarter, with a high estimate of $2.53 and a low estimate of $2.24, while EPS last year was $2.28. The consensus estimate for the next quarter is $3.04, with high estimates of $3.17 and low estimates of $2.77.
Analysts are recommending an EPS of between $14.61 and $12.77 for the fiscal current year, implying an average EPS of $14.11. EPS for the following year is $15.86, with 26 analysts recommending between $16.69 and $14.
Revenue Estimates
A total of 25 analysts have provided revenue estimates for LULU’s current fiscal year. The highest revenue estimate was $10.91B, while the lowest revenue estimate was $10.64B, resulting in an average revenue estimate of $10.79B. In the same quarter a year ago, actual revenue was $9.62B, up 12.10% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $11.9B in the next fiscal year. The high estimate is $12.45B and the low estimate is $11.32B. The average revenue growth estimate for next year is up 10.40% from the average revenue estimate for this year.
