After finishing at $446.06 in the prior trading day, Lululemon Athletica inc. (NASDAQ: LULU) closed at $448.54, up 0.56%. In other words, the price has increased by $+2.48 from its previous closing price. On the day, 940463 shares were traded.
Ratios:
Our goal is to gain a better understanding of LULU by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 51.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.34. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 2.32. 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, Exane BNP Paribas on February 09, 2024, Downgraded its rating to Underperform and sets its target price to $415 from $430 previously.
On January 22, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $500.
Telsey Advisory Group reiterated its Outperform rating for the stock on December 13, 2023, while the target price for the stock was revised from $520 to $550.
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 56.60B and an Enterprise Value of 56.67B. As of this moment, Lululemon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.07, and their Forward P/E ratio for the next fiscal year is 31.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.16 while its Price-to-Book (P/B) ratio in mrq is 16.06. Its current Enterprise Value per Revenue stands at 6.17 whereas that against EBITDA is 23.89.
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 $286.58. The 50-Day Moving Average of the stock is 474.64, while the 200-Day Moving Average is calculated to be 414.33.
Shares Statistics:
The stock has traded on average 1.41M shares per day over the past 3-months and 1.1M shares per day over the last 10 days, according to various share statistics. A total of 122.20M shares are outstanding, with a floating share count of 110.06M. Insiders hold about 12.78% of the company’s shares, while institutions hold 87.64% stake in the company. Shares short for LULU as of Feb 15, 2024 were 2.69M with a Short Ratio of 1.91, compared to 3.43M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.13% and a Short% of Float of 2.63%.
Earnings Estimates
Its stock is currently analyzed by 26 different market analysts. On average, analysts expect EPS of $5 for the current quarter, with a high estimate of $5.1 and a low estimate of $4.88, while EPS last year was $4.4. The consensus estimate for the next quarter is $2.58, with high estimates of $2.7 and low estimates of $2.17.
Analysts are recommending an EPS of between $12.65 and $11.84 for the fiscal current year, implying an average EPS of $12.46. EPS for the following year is $14.22, with 31 analysts recommending between $15.09 and $12.3.
Revenue Estimates
25 analysts predict $3.2B in revenue for the current quarter. It ranges from a high estimate of $3.26B to a low estimate of $3.16B. As of the current estimate, Lululemon Athletica inc.’s year-ago sales were $2.77B, an estimated increase of 15.30% from the year-ago figure.
A total of 33 analysts have provided revenue estimates for LULU’s current fiscal year. The highest revenue estimate was $9.7B, while the lowest revenue estimate was $9.57B, resulting in an average revenue estimate of $9.61B. In the same quarter a year ago, actual revenue was $8.11B, up 18.50% from the average estimate. Based on 33 analysts’ estimates, the company’s revenue will be $10.95B in the next fiscal year. The high estimate is $11.14B and the low estimate is $10.44B. The average revenue growth estimate for next year is up 14.00% from the average revenue estimate for this year.
