Lululemon Athletica inc (NASDAQ: LULU) is 7.52% higher on its value in year-to-date trading and has touched a low of $226.01 and a high of $491.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LULU stock was last observed hovering at around $409.42 in the last trading session, with the day’s gains setting it 1.74%.
Currently trading at $411.16, the stock is 5.83% and 11.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 0.42% at the moment leaves the stock 31.21% off its SMA200. LULU registered -13.99% loss for a year compared to 6-month gain of 58.73%. The firm has a 50-day simple moving average (SMA 50) of $368.9874 and a 200-day simple moving average (SMA200) of $313.3716.
The stock witnessed a 6.57% loss in the last 1 month and extending the period to 3 months gives it a 35.18%, and is 7.40% up 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 2.93% over the week and 3.11% over the month.
Lululemon Athletica inc (LULU) has around 38000 employees, a market worth around $52.18B and $10.18B in sales. Current P/E ratio is 29.70 and Fwd P/E is 26.75. Profit margin for the company is 17.05%. Distance from 52-week low is 81.92% and -16.31% from its 52-week high. The company has generated returns on investments over the last 12 months (33.32%).
with sales reaching $3.59B over the same period.The EPS is expected to grow by 12.17% this year, but quarterly earnings will post 9.86% year-over-year. Quarterly sales are estimated to grow 11.89% in year-over-year returns.
1570.0 institutions hold shares in Lululemon Athletica inc (LULU), with institutional investors hold 93.79% of the company’s shares. The shares outstanding are 117.05M, and float is at 106.23M with Short Float at 4.58%. Institutions hold 89.44% 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 sale by NEUBURGER NICOLE, the company’s Chief Brand Officer. SEC filings show that NEUBURGER NICOLE sold 2,022 shares of the company’s common stock on Dec 26 ’24 at a price of $387.11 per share for a total of $0.78 million. Following the sale, the insider now owns 6198.0 shares.
Still, SEC filings show that on Dec 09 ’24, BURGOYNE CELESTE (Pres Americas & Global Guest) disposed off 24,870 shares at an average price of $405.54 for $10.09 million. The insider now directly holds 12,429 shares of Lululemon Athletica inc (LULU).
