Lululemon Athletica Inc (NASDAQ: LULU) has reported earnings for its first fiscal quarter (ending April 30) of $2.55 versus $2.28 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $12.51 compared to $7.49 a year ago.
Recent Price Action
Lululemon Athletica Inc (NASDAQ: LULU) stock closed at $308.27 on 6/5/24 after a modest gain of 0.5%. Moreover, this advance was accompanied by exceptionally high trading volume at 270% of normal. The stock has risen 4.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LULU’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Lululemon Athletica has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Lululemon Athletica has a neutral Appreciation Score of 48 but a poor Power Rating of 25, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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