Lululemon Athletica inc (NASDAQ: LULU)’s stock price has soared by 3.18 in relation to previous closing price of 320.90. Nevertheless, the company has seen a gain of 5.73% in its stock price over the last five trading days. zacks.com reported 2024-11-08 that While LULU’s near-term outlook suggests challenges in the second half of fiscal 2024, its strategies and execution indicate long-term growth potential.
Is It Worth Investing in Lululemon Athletica inc (NASDAQ: LULU) Right Now?
Lululemon Athletica inc (NASDAQ: LULU) has a higher price-to-earnings ratio of 25.58x compared to its average ratio, The 36-month beta value for LULU is at 1.23. Analysts have varying views on the stock, with 11 analysts rating it as a “buy,” 7 rating it as “overweight,” 15 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for LULU is 107.08M, and currently, shorts hold a 5.49% of that float. The average trading volume for LULU on November 13, 2024 was 2.12M shares.
LULU’s Market Performance
The stock of Lululemon Athletica inc (LULU) has seen a 5.73% increase in the past week, with a 15.17% rise in the past month, and a 29.05% gain in the past quarter. The volatility ratio for the week is 3.21%, and the volatility levels for the past 30 days are at 2.96% for LULU. The simple moving average for the past 20 days is 7.70% for LULU’s stock, with a 0.29% simple moving average for the past 200 days.
Analysts’ Opinion of LULU
Many brokerage firms have already submitted their reports for LULU stocks, with Morgan Stanley repeating the rating for LULU by listing it as a “Overweight.” The predicted price for LULU in the upcoming period, according to Morgan Stanley is $314 based on the research report published on October 01, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see LULU reach a price target of $324, previously predicting the price at $400. The rating they have provided for LULU stocks is “Outperform” according to the report published on August 28th, 2024.
Telsey Advisory Group gave a rating of “Outperform” to LULU, setting the target price at $360 in the report published on August 26th of the current year.
LULU Trading at 16.76% from the 50-Day Moving Average
After a stumble in the market that brought LULU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.88% of loss for the given period.
Volatility was left at 2.96%, however, over the last 30 days, the volatility rate increased by 3.21%, as shares surge +12.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.97% upper at present.
During the last 5 trading sessions, LULU rose by +5.23%, which changed the moving average for the period of 200-days by -31.55% in comparison to the 20-day moving average, which settled at $307.34. In addition, Lululemon Athletica inc saw -35.24% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LULU starting from NEUBURGER NICOLE, who sale 486 shares at the price of $269.59 back on Sep 26 ’24. After this action, NEUBURGER NICOLE now owns 6,198 shares of Lululemon Athletica inc, valued at $131,021 using the latest closing price.
NICOLE NEUBURGER, the Officer of Lululemon Athletica inc, proposed sale 486 shares at $269.59 during a trade that took place back on Sep 26 ’24, which means that NICOLE NEUBURGER is holding shares at $131,021 based on the most recent closing price.
Stock Fundamentals for LULU
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.59 for the gross margin
The net margin for Lululemon Athletica inc stands at 0.16. The total capital return value is set at 0.43. Equity return is now at value 43.16, with 25.64 for asset returns.
Based on Lululemon Athletica inc (LULU), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 8.43.
Currently, EBITDA for the company is 2.59 billion with net debt to EBITDA at -0.06. When we switch over and look at the enterprise to sales, we see a ratio of 3.89. The receivables turnover for the company is 79.2for trailing twelve months and the total asset turnover is 1.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.
Conclusion
In conclusion, Lululemon Athletica inc (LULU) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
