A new trading day began on Monday, with Lululemon Athletica inc. (NASDAQ: LULU) stock price up 1.01% from the previous day of trading, before settling in for the closing price of $356.87. LULU’s price has ranged from $326.93 to $516.39 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Consumer Cyclical sector company grew by 24.40% over the past five years. Meanwhile, its annual earnings per share averaged 10.90%. With a float of $109.86 million, this company’s outstanding shares have now reached $121.11 million.
Let’s look at the performance matrix of the company that is accounted for 38000 employees.
Lululemon Athletica inc. (LULU) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Retail Industry. The insider ownership of Lululemon Athletica inc. is 12.81%, while institutional ownership is 87.82%. The most recent insider transaction that took place on Mar 27 ’24, was worth 1,167,000. In this transaction Director of this company bought 3,000 shares at a rate of $389.00, taking the stock ownership to the 89,445 shares. Before that another transaction happened on Mar 26 ’24, when Company’s Director bought 700 for $389.29, making the entire transaction worth $272,501. This insider now owns 500 shares in total.
Lululemon Athletica inc. (LULU) Performance Highlights and Predictions
In its latest quarterly report, released on 1/30/2024, the company reported earnings of $5.29 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.30% during the next five years compared to 27.57% growth over the previous five years of trading.
Lululemon Athletica inc. (NASDAQ: LULU) Trading Performance Indicators
Here are Lululemon Athletica inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.72. Likewise, its price to free cash flow for the trailing twelve months is 27.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.21, a number that is poised to hit 2.40 in the next quarter and is forecasted to reach 15.90 in one year’s time.
Technical Analysis of Lululemon Athletica inc. (LULU)
Lululemon Athletica inc. (NASDAQ: LULU) saw its 5-day average volume 2.38 million, a positive change from its year-to-date volume of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 5.89%. Additionally, its Average True Range was 12.29.
During the past 100 days, Lululemon Athletica inc.’s (LULU) raw stochastic average was set at 3.25%, which indicates a significant decrease from 4.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.02% in the past 14 days, which was higher than the 37.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $443.69, while its 200-day Moving Average is $421.62. Nevertheless, the first resistance level for the watch stands at $362.83 in the near term. At $365.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $368.68. If the price goes on to break the first support level at $356.98, it is likely to go to the next support level at $353.50. Assuming the price breaks the second support level, the third support level stands at $351.13.
Lululemon Athletica inc. (NASDAQ: LULU) Key Stats
With a market capitalization of 45.42 billion, the company has a total of 126,008K Shares Outstanding. Currently, annual sales are 9,619 M while annual income is 1,550 M. The company’s previous quarter sales were 3,205 M while its latest quarter income was 669,470 K.
