Lululemon Athletica inc. (NASDAQ: LULU) on Tuesday, soared 0.38% from the previous trading day, before settling in for the closing price of $297.74. Within the past 52 weeks, LULU’s price has moved between $226.01 and $516.39.
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A company in the Consumer Cyclical sector has jumped its sales by 24.40% annually for the last half of the decade. The company achieved an average annual earnings per share of 9.40%. With a float of $107.08 million, this company’s outstanding shares have now reached $121.11 million.
In an organization with 38000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 58.54%, operating margin of 23.15%, and the pretax margin is 22.96%.
Lululemon Athletica inc. (LULU) Insider Updates
Observing investor behavior towards Apparel Retail industry stocks is more important than anything else. The insider ownership of Lululemon Athletica inc. is 12.78%, while institutional ownership is 88.06%. The most recent insider transaction that took place on Sep 26 ’24, was worth 131,021. In this transaction Chief Brand Officer of this company sold 486 shares at a rate of $269.59, taking the stock ownership to the 6,198 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Officer proposed sale 486 for $269.59, making the entire transaction worth $131,021.
Lululemon Athletica inc. (LULU) Performance Highlights and Predictions
As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported 2.53 earnings per share (EPS) for the period topping the consensus outlook (set at 2.28) by 0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.16% 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
Lululemon Athletica inc. (LULU) is currently performing well based on its current performance indicators. A quick ratio of 1.46 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 3.67. Likewise, its price to free cash flow for the trailing twelve months is 21.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.94, a number that is poised to hit 2.68 in the next quarter and is forecasted to reach 15.00 in one year’s time.
Technical Analysis of Lululemon Athletica inc. (LULU)
Let’s dig in a bit further. During the last 5-days, its volume was 2.24 million. That was better than the volume of 2.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.49%. Additionally, its Average True Range was 9.08.
During the past 100 days, Lululemon Athletica inc.’s (LULU) raw stochastic average was set at 65.21%, which indicates a significant decrease from 88.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.79% in the past 14 days, which was lower than the 35.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $266.99, while its 200-day Moving Average is $343.65. However, in the short run, Lululemon Athletica inc.’s stock first resistance to watch stands at $303.58. Second resistance stands at $308.28. The third major resistance level sits at $312.07. If the price goes on to break the first support level at $295.09, it is likely to go to the next support level at $291.30. Assuming the price breaks the second support level, the third support level stands at $286.60.
Lululemon Athletica inc. (NASDAQ: LULU) Key Stats
Market capitalization of the company is 36.70 billion based on 125,002K outstanding shares. Right now, sales total 9,619 M and income totals 1,550 M. The company made 2,371 M in profit during its latest quarter, and 392,920 K in sales during its previous quarter.
