Lululemon Athletica inc. (NASDAQ: LULU) is -48.45% lower on its value in year-to-date trading and has touched a low of $226.01 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 $259.80 in the last trading session, with the day’s gains setting it 3.75%.
Currently trading at $263.55, the stock is 1.05% and 1.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing 1.44% at the moment leaves the stock -28.17% off its SMA200. LULU registered -32.08% loss for a year compared to 6-month loss of -32.23%. The firm has a 50-day simple moving average (SMA 50) of $259.3186 and a 200-day simple moving average (SMA200) of $365.90744.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -1.86% gain in the last 1 month and extending the period to 3 months gives it a -14.73%, and is -1.81% 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 3.26% over the week and 3.41% over the month.
Lululemon Athletica inc. (LULU) has around 38000 employees, a market worth around $32.36B and $9.99B in sales. Current P/E ratio is 20.36 and Fwd P/E is 17.58. Profit margin for the company is 16.34%. Distance from 52-week low is 16.61% and -48.96% from its 52-week high. The company has generated returns on investments over the last 12 months (31.32%).
with sales reaching $2.36B over the same period.The EPS is expected to grow by 9.36% this year, but quarterly earnings will post 8.50% year-over-year.
Lululemon Athletica inc. (LULU) Top Institutional Holders
1596.0 institutions hold shares in Lululemon Athletica inc. (LULU), with institutional investors hold 98.16% of the company’s shares. The shares outstanding are 121.11M, and float is at 107.28M with Short Float at 3.80%. Institutions hold 93.61% of the Float.
The top institutional shareholder in the company is FMR LLC with over 17.9 million shares valued at $5.35 billion. The investor’s holdings represent 14.209% of the LULU Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.74 million shares valued at $3.51 billion to account for 9.3199 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.14 million shares representing 7.2541% and valued at over $2.73 billion, while STATE STREET CORP holds 3.8369 of the shares totaling 4.83 million with a market value of $1.44 billion.
Lululemon Athletica inc. (LULU) Insider Activity
The most recent transaction is an insider purchase by MCDONALD CALVIN, the company’s Chief Executive Officer. SEC filings show that MCDONALD CALVIN bought 4,000 shares of the company’s common stock on Sep 03 ’24 at a price of $260.00 per share for a total of $1.04 million. Following the purchase, the insider now owns 89922.0 shares.
Still, SEC filings show that on Mar 27 ’24, MORFITT MARTHA A M (Director) acquired 3,000 shares at an average price of $389.00 for $1.17 million. The insider now directly holds 89,445 shares of Lululemon Athletica inc. (LULU).
