Lululemon Athletica Inc. (NASDAQ:LULU) Receives Moderate Ranking of “Average Purchase” from Analysts

Lululemon Athletica Inc. (NASDAQ:LULU) Receives Moderate Ranking of “Average Purchase” from Analysts

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Lululemon Athletica Inc. (NASDAQ:LULUGet Unfastened Document) has earned a consensus advice of “Average Purchase” from the thirty rankings corporations which are right now overlaying the company, MarketBeat stories. One equities analysis analyst has rated the inventory with a promote advice, 4 have assigned a hang advice and twenty-five have assigned a purchase advice to the corporate. The common 12 month goal payment amongst brokerages that experience issued a document at the inventory within the final yr is $503.61.

A number of analysis corporations have lately issued stories on LULU. UBS Staff lifted their payment goal on Lululemon Athletica from $429.00 to $470.00 and gave the inventory a “impartial” score in a analysis notice on Friday, December eighth. Wells Fargo & Corporate greater their goal payment on Lululemon Athletica from $445.00 to $450.00 and gave the corporate an “equivalent weight” score in a analysis notice on Friday, December eighth. Robert W. Baird greater their goal payment on Lululemon Athletica from $520.00 to $555.00 and gave the corporate an “outperform” score in a analysis notice on Friday, January fifth. Financial institution of The usa upped their payment goal on Lululemon Athletica from $450.00 to $520.00 and gave the corporate a “purchase” score in a analysis document on Friday, December eighth. In the end, Stifel Nicolaus upped their payment goal on Lululemon Athletica from $529.00 to $596.00 and gave the corporate a “purchase” score in a analysis document on Thursday, December 14th.

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Insiders Position Their Bets

In different information, CFO Meghan Frank bought 1,553 stocks of the company’s inventory in a transaction dated Monday, December 18th. The inventory was once bought at a median payment of $500.00, for a complete worth of $776,500.00. Following the of entirety of the transaction, the manager monetary officer now owns 8,381 stocks within the corporate, valued at roughly $4,190,500. The sale was once disclosed in a submitting with the Securities & Change Fee, which is to be had via this link. In similar information, insider Nicole Neuburger bought 705 stocks of the company’s inventory in a transaction dated Monday, December 18th. The stocks have been bought at a median payment of $500.00, for a complete worth of $352,500.00. Following the of entirety of the sale, the insider now immediately owns 3,996 stocks within the corporate, valued at roughly $1,998,000. The sale was once disclosed in a record filed with the Securities & Change Fee, which is to be had at the SEC web site. Additionally, CFO Meghan Frank bought 1,553 stocks of the company’s inventory in a transaction dated Monday, December 18th. The stocks have been bought at a median payment of $500.00, for a complete transaction of $776,500.00. Following the of entirety of the sale, the manager monetary officer now owns 8,381 stocks of the corporate’s inventory, valued at $4,190,500. The disclosure for this sale will also be discovered right here. Within the final 90 days, insiders bought 42,658 stocks of corporate inventory price $21,183,956. Company insiders personal 0.54% of the corporate’s inventory.

Institutional Traders Weigh In On Lululemon Athletica

Hedge price range have lately purchased and bought stocks of the inventory. MetLife Funding Control LLC got a brand new stake in stocks of Lululemon Athletica within the first quarter valued at roughly $2,696,000. Panagora Asset Control Inc. raised its place in stocks of Lululemon Athletica by way of 48.4% within the first quarter. Panagora Asset Control Inc. now owns 1,647 stocks of the attire store’s inventory valued at $602,000 after purchasing an extra 537 stocks within the final quarter. Yousif Capital Control LLC raised its place in stocks of Lululemon Athletica by way of 2.5% within the first quarter. Yousif Capital Control LLC now owns 4,022 stocks of the attire store’s inventory valued at $1,469,000 after purchasing an extra 100 stocks within the final quarter. Raymond James Agree with N.A. raised its place in stocks of Lululemon Athletica by way of 6.5% within the first quarter. Raymond James Agree with N.A. now owns 1,251 stocks of the attire store’s inventory valued at $457,000 after purchasing an extra 76 stocks within the final quarter. In the end, Prudential PLC got a brand new stake in stocks of Lululemon Athletica within the first quarter valued at roughly $774,000. 91.50% of the inventory is these days owned by way of institutional traders and hedge price range.

Lululemon Athletica Value Efficiency

Stocks of LULU inventory opened at $470.73 on Wednesday. The company has a marketplace cap of $59.40 billion, a PE ratio of 59.89, a price-to-earnings-growth ratio of two.00 and a beta of one.38. The corporate has a 50-day shifting reasonable of $469.98 and a two-hundred day shifting reasonable of $414.72. Lululemon Athletica has a 1-year low of $286.58 and a 1-year prime of $516.39.

Lululemon Athletica (NASDAQ:LULUGet Unfastened Document) final posted its quarterly income information on Thursday, December seventh. The attire store reported $2.53 EPS for the quarter, beating the consensus estimate of $2.28 by way of $0.25. Lululemon Athletica had a internet margin of 10.89% and a go back on fairness of 44.81%. The industry had earnings of $2.20 billion right through the quarter, in comparison to analyst estimates of $2.19 billion. All the way through the similar quarter final yr, the company posted $2.00 income in keeping with percentage. The industry’s earnings for the quarter was once up 18.5% in comparison to the similar quarter final yr. Promote-side analysts wait for that Lululemon Athletica will submit 12.46 EPS for the present fiscal yr.

Lululemon Athletica declared that its board has initiated a percentage buyback program on Thursday, December seventh that allows the corporate to buyback $1.00 billion in stocks. This buyback authorization lets in the attire store to reacquire as much as 1.7% of its inventory via open marketplace purchases. Inventory buyback methods are usually a sign that the corporate’s control believes its stocks are undervalued.

Lululemon Athletica Corporate Profile

(Get Unfastened Document

Lululemon Athletica Inc, along side its subsidiaries, designs, distributes, and retails athletic attire, shoes, and equipment beneath the lululemon logo for men and women. It operates in two segments, Corporate-Operated Retail outlets and Direct to Client. The corporate gives pants, shorts, tops, and jackets for wholesome way of life, akin to yoga, working, coaching, and different actions.

Additional Studying

Analyst Recommendations for Lululemon Athletica (NASDAQ:LULU)

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