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After finishing at $285.00 in the prior trading day, Lululemon Athletica inc. (NASDAQ: LULU) closed at $281.37, down -1.27%. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 1.43 million shares were traded. LULU stock price reached its highest trading level at $287.25 during the session, while it also had its lowest trading level at $281.2.
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 18.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.27.
On June 06, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $550 to $470.
JP Morgan reiterated its Overweight rating for the stock on June 06, 2024, while the target price for the stock was revised from $509 to $457.
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 35625660416 and an Enterprise Value of 34673315840. As of this moment, Lululemon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.55, and their Forward P/E ratio for the next fiscal year is 17.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 8.37. Its current Enterprise Value per Revenue stands at 3.528 whereas that against EBITDA is 13.187.
Stock Price History:
The Beta on a monthly basis for LULU is 1.25, which has changed by -0.25755978 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, LULU has reached a high of $516.39, while it has fallen to a 52-week low of $279.16. The 50-Day Moving Average of the stock is -9.02%, while the 200-Day Moving Average is calculated to be -29.75%.
Shares Statistics:
The stock has traded on average 2.34M shares per day over the past 3-months and 1790030 shares per day over the last 10 days, according to various share statistics. A total of 121.11M shares are outstanding, with a floating share count of 109.32M. Insiders hold about 12.55% of the company’s shares, while institutions hold 86.29% stake in the company. Shares short for LULU as of 1719532800 were 5430972 with a Short Ratio of 2.32, compared to 1717113600 on 4032659. Therefore, it implies a Short% of Shares Outstanding of 5430972 and a Short% of Float of 5.37.
