Lululemon Athletica Inc (NASDAQ: LULU) has reported earnings for its fourth fiscal quarter (ending January 31) of $5.30 versus $0.94 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $12.23 versus $6.70 for the same period a year ago.
Recent Price Action
Lululemon Athletica Inc (NASDAQ: LULU) stock enjoyed a large increase of 2.1% on 3/21/24. The stock closed at $478.84. Moreover, this advance was accompanied by exceptionally high trading volume at 310% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LULU is expected to continue to be a major Value Builder.
Lululemon Athletica has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Lululemon Athletica has a slightly negative Appreciation Score of 35 but a very high Power Rating of 92, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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