Lululemon Athletica inc. (LULU) Releases Earnings Results
- Author: Zachary Reyes Jun 02, 2017,
Jun 02, 2017, 22:10
ATR stands at 1.18 while Beta factor of the stock stands at 0.14.
Lululemon Athletica Inc. (NASDAQ:LULU) yearly performance is -26.45% and net profit margin is 12.90%. 247.64 million shares or 292.04% more from 63.17 million shares in 2016Q3 were reported. Barclays Public Limited Com has 0% invested in Lululemon Athletica inc. (NASDAQ:LULU). Gideon Capital Advisors invested in 8,040 shares or 0.33% of the stock. The company's price range for the trading day is $54.55 to $56.86. Manning Napier Lc, New York-based fund reported 6.18 million shares. Creative Planning owns 1,277 shares for 0% of their portfolio. Avalon Asset Limited Com has 82,770 shares. Gulf Interest Bancorporation (Uk) Ltd holds 34,347 shares or 0.03% of its portfolio. Westfield Cap Mngmt L P stated it has 0.21% of its portfolio in Lululemon Athletica inc. The firm has 7.40% of total shares float short, yielding a short ratio of 1.94. Moreover, Raymond James Associates has 0% invested in Lululemon Athletica inc. Utah Retirement Systems accumulated 17,768 shares. The Lyrical Asset Management Lp holds 1.74M shares with $161.71 million value, up from 1.72M last quarter.
Lululemon (NASDAQ:LULU) just had their share rating of a "Hold" issued by research analysts at Susquehanna, who now has a $51.0000 target price on the $6.72 billion market cap company or a -9.41 % downside potential.
Among 34 analysts covering Lululemon Athletica Inc. Citigroup invested in 0% or 84,544 shares. Topeka Capital Markets maintained the shares of LULU in report on Thursday, December 10 with "Buy" rating. They now have a $51.0000 TP on the company. Lululemon Athletica inc. updated its Q2 guidance to $0.33-0.35 EPS and its FY18 guidance to $2.28-2.38 EPS. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.50 on scale of 1-5.
LULU has a 1-year high price of $ 81.81 and 1-year low price of $47.26. EPS growth percentage represents the annualized rate of net-income-per-share growth over the trailing one-year period for the stocks held by a stock. Finally, Suntrust Banks Inc. purchased a new position in shares of Lululemon Athletica inc. during the first quarter worth approximately $206,000. The firm has "Neutral" rating by Mizuho given on Wednesday, June 8. Qs Investors Limited reported 0% in Lululemon Athletica inc. (NASDAQ:LULU) on Tuesday, August 2 with "Overweight" rating. Canaccord Genuity maintained the stock with "Hold" rating in Thursday, December 10 report.
Analysts await Lululemon Athletica inc. The firm has "Neutral" rating given on Friday, September 11 by DA Davidson. As per Thursday, March 30, the company rating was maintained by Deutsche Bank. The firm has "Outperform" rating given on Friday, September 11 by Robert W. Baird. About 6.61 million shares traded or 103.38% up from the average. It has underperformed by 36.03% the S&P500.The move comes after 7 months positive chart setup for the $7.64 billion company. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. (NASDAQ:LULU) news were published by: Seekingalpha.com which released: "Lululemon: Is Now The Time To Pull The Trigger?" on May 31, 2017, also Seekingalpha.com with their article: "Lululemon earnings on tap" published on June 01, 2017, Investorplace.com published: "Lululemon Athletica inc". Analysts forecast EPS of $0.28, down exactly $0.02 or 6.67 % from 2014's $0.3 EPS. My stop loss would be $0.35 from my entry position fearing anything more than that and the stock would start to fill in the gap up. Including today's unusual volume, Lululemon Athletica Inc.'s stock is performing at -25.11% on the year. It operates through two segments, Company-Operated Stores and Direct to Consumer.