With 1.01 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.06 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $389.78 whereas the lowest price it dropped to was $384.0101. The 52-week range on LULU shows that it touched its highest point at $516.39 and its lowest point at $226.01 during that stretch. It currently has a 1-year price target of $380.90. Beta for the stock currently stands at 1.22.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LULU was up-trending over the past week, with a rise of 3.70%, but this was up by 18.09% over a month. Three-month performance surged to 43.52% while six-month performance rose 25.14%. The stock lost -23.80% in the past year, while it has lost -24.54% so far this year. A look at the trailing 12-month EPS for LULU yields 13.85 with Next year EPS estimates of 15.24. For the next quarter, that number is 5.65. This implies an EPS growth rate of 10.89% for this year and 7.63% for next year. EPS is expected to grow by 9.38% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.57%.
Float and Shares Shorts:
At present, 117.05 million LULU shares are outstanding with a float of 106.18 million shares on hand for trading. On 2024-11-15, short shares totaled 6.41 million, which was 521.99997 higher than short shares on 1728950400. In addition to Mr. Calvin R. McDonald as the firm’s CEO & Director, Ms. Meghan Frank serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.89445 of LULU’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-28, LULU reported revenue of $2396660000.0 and operating income of $490661000.0. The EBITDA in the recently reported quarter was $604260000.0 and diluted EPS was $2.87.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LULU since 23 analysts follow the stock currently. There are 21 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LULU analysts setting a high price target of 480.0 and a low target of 194.0, the average target price over the next 12 months is 376.82455. Based on these targets, LULU could surge 24.41% to reach the target high and fall by -49.72% to reach the target low. Reaching the average price target will result in a decline of -2.33% from current levels.
Analysts have provided yearly estimates in a range of $12.58599 being high and $12.45603 being low. For LULU, this leads to a yearly average estimate of $12.48602. Based on analyst estimates, the high estimate for the next quarter is $2.87 and the low estimate is $2.17. The average estimate for the next quarter is thus $2.69.
