Lululemon Athletica inc. (NASDAQ: LULU) on November 17, 2023, started off the session at the price of $425.22, soaring 0.51% from the previous trading day. During the day, the shares moved up to $425.665 and dropped to $421.04 before settling in for the closing price of $420.28. Within the past 52 weeks, LULU’s price has moved between $286.58 and $437.05.
Consumer Cyclical Sector giant saw their annual sales surged by 25.50% over the last five years. The company achieved an average annual earnings per share of 20.81%. With a float of $110.41 million, this company’s outstanding shares have now reached $122.20 million.
The firm has a total of 34000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +55.28, operating margin of +21.38, and the pretax margin is +16.43.
Lululemon Athletica inc. (LULU) Insider Activity
Observing investor behavior towards Apparel Retail industry stocks is more important than anything else. The insider ownership of Lululemon Athletica inc. is 12.75%, while institutional ownership is 85.97%. The most recent insider transaction that took place on Sep 06, was worth 11,220,381. In this transaction Chief Product Officer of this company sold 27,981 shares at a rate of $401.00, taking the stock ownership to the 3,892 shares. Before that another transaction happened on Mar 31, when Company’s Pres Americas & Global Guest sold 17,343 for $362.00, making the entire transaction worth $6,278,170. This insider now owns 15,302 shares in total.
Lululemon Athletica inc. (LULU) Earnings and Forecasts
As on 7/30/2023, Multinational firm has announced its last quarter scores, in which it reported $2.68 earnings per share (EPS) for the period topping the consensus outlook (set at $2.54) by $0.14. This company achieved a net margin of +10.54 while generating a return on equity of 29.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.55% during the next five years compared to 28.58% growth over the previous five years of trading.
Lululemon Athletica inc. (NASDAQ: LULU) Trading Performance Indicators
Lululemon Athletica inc. (LULU) is currently performing well based on its current performance indicators. A quick ratio of 1.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.05. Likewise, its price to free cash flow for the trailing twelve months is 56.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.90, a number that is poised to hit 2.28 in the next quarter and is forecasted to reach 14.00 in one year’s time.
Technical Analysis of Lululemon Athletica inc. (LULU)
Analysing the last 5-days average volume posted by the [Lululemon Athletica inc., LULU], we can find that recorded value of 1.41 million was lower than the volume posted last year of 1.75 million. As of the previous 9 days, the stock’s Stochastic %D was 62.79%. Additionally, its Average True Range was 9.49.
During the past 100 days, Lululemon Athletica inc.’s (LULU) raw stochastic average was set at 82.26%, which indicates a significant increase from 71.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.80% in the past 14 days, which was lower than the 28.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $393.67, while its 200-day Moving Average is $366.77. Now, the first resistance to watch is $425.06. This is followed by the second major resistance level at $427.67. The third major resistance level sits at $429.68. If the price goes on to break the first support level at $420.43, it is likely to go to the next support level at $418.42. Should the price break the second support level, the third support level stands at $415.81.
Lululemon Athletica inc. (NASDAQ: LULU) Key Stats
Market capitalization of the company is 53.46 billion based on 127,065K outstanding shares. Right now, sales total 8,111 M and income totals 854,800 K. The company made 2,209 M in profit during its latest quarter, and 341,600 K in sales during its previous quarter.