Across the recent three months, 17 analysts have shared their insights on Lululemon Athletica LULU, expressing a variety of opinions spanning from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 5 | 10 | 2 | 0 | 0 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 4 | 8 | 2 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $333.0, a high estimate of $382.00, and a low estimate of $260.00. This current average represents a 7.38% decrease from the previous average price target of $359.53.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Lululemon Athletica is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Mark Altschwager | Baird | Raises | Outperform | $380.00 | $350.00 |
Joseph Civello | Truist Securities | Raises | Buy | $360.00 | $310.00 |
Alexandra Steiger | Morgan Stanley | Lowers | Overweight | $314.00 | $326.00 |
Ashley Owens | Keybanc | Lowers | Overweight | $350.00 | $415.00 |
Adrienne Yih | Barclays | Lowers | Equal-Weight | $261.00 | $263.00 |
Anna Andreeva | Piper Sandler | Raises | Neutral | $260.00 | $250.00 |
John Kernan | TD Cowen | Raises | Buy | $382.00 | $375.00 |
Rick Patel | Raymond James | Lowers | Outperform | $325.00 | $350.00 |
Alexandra Steiger | Morgan Stanley | Lowers | Overweight | $326.00 | $329.00 |
Lorraine Hutchinson | B of A Securities | Lowers | Buy | $355.00 | $440.00 |
Joseph Civello | Truist Securities | Maintains | Buy | $310.00 | $310.00 |
Tom Nikic | Wedbush | Lowers | Outperform | $324.00 | $400.00 |
John Kernan | TD Cowen | Lowers | Buy | $375.00 | $420.00 |
Rick Patel | Raymond James | Lowers | Outperform | $350.00 | $400.00 |
Dana Telsey | Telsey Advisory Group | Lowers | Outperform | $360.00 | $470.00 |
Michael Binetti | Evercore ISI Group | Maintains | Outperform | $300.00 | $300.00 |
Alexandra Steiger | Morgan Stanley | Lowers | Overweight | $329.00 | $404.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Lululemon Athletica. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Lululemon Athletica compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Lululemon Athletica's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into Lululemon Athletica's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Lululemon Athletica analyst ratings.
Delving into Lululemon Athletica's Background
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 700 company-owned stores in about 20 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Lululemon Athletica's Financial Performance
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Lululemon Athletica showcased positive performance, achieving a revenue growth rate of 7.33% as of 31 July, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Lululemon Athletica's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 16.57%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 9.52%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Lululemon Athletica's ROA excels beyond industry benchmarks, reaching 5.79%. This signifies efficient management of assets and strong financial health.
Debt Management: Lululemon Athletica's debt-to-equity ratio is below the industry average at 0.36, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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