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Is Lululemon Athletica inc. (LULU) a good stock to buy now?

Lululemon Athletica inc. (NASDAQ: LULU) is -34.26% lower on its value in year-to-date trading and has touched a low of $326.93 and a high of $516.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LULU stock was last observed hovering at around $349.92 in the last trading session, with the day’s loss setting it -13.79%.

Currently trading at $336.13, the stock is -16.38% and -22.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.61 million and changing -3.94% at the moment leaves the stock -20.21% off its SMA200. LULU registered -7.54% loss for a year compared to 6-month gain of -9.97%.

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The stock witnessed a -27.80% loss in the last 1 month and extending the period to 3 months gives it a -30.76%, and is -5.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.87% over the week and 2.51% over the month.

Lululemon Athletica inc. (LULU) has around 38000 employees, a market worth around $42.36B and $9.62B in sales. Current P/E ratio is 27.53 and Fwd P/E is 21.19. Profit margin for the company is 16.12%. Distance from 52-week low is 2.81% and -34.91% from its 52-week high. The company has generated returns on investments over the last 12 months (28.78%).

The EPS is expected to grow by 10.85% this year.

Lululemon Athletica inc. (LULU) Top Institutional Holders

The shares outstanding are 121.11M, and float is at 109.84M with Short Float at 3.72%.

Lululemon Athletica inc. (LULU) Insider Activity

The most recent transaction is an insider purchase by MORFITT MARTHA A M,the company’sDirector. SEC filings show that MORFITT MARTHA A M bought 3,000 shares of the company’s common stock on Mar 27 ’24 at a price of $389.00 per share for a total of $1.17 million. Following the purchase, the insider now owns 89445.0 shares.

Lululemon Athletica inc. disclosed in a document filed with the SEC on Mar 26 ’24 that MORFITT MARTHA A M (Director) bought a total of 700 shares of the company’s common stock. The trade occurred on Mar 26 ’24 and was made at $389.29 per share for $0.27 million. Following the transaction, the insider now directly holds 500.0 shares of the LULU stock.

Still, SEC filings show that on Dec 18 ’23, MCDONALD CALVIN (Chief Executive Officer) disposed off 25,000 shares at an average price of $497.50 for $12.44 million. The insider now directly holds 73,793 shares of Lululemon Athletica inc. (LULU).

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