Stock Rating Downgrade
In the last week the Value Trend Rating for Lululemon Athletica Inc (NASDAQ: LULU) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Lululemon Athletica Inc (NASDAQ: LULU) stock increased 1.0% on 4/8/24. The shares closed at $360.46. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -7.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LULU is expected to continue to be a major Value Builder.
Lululemon Athletica has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Lululemon Athletica has a neutral Appreciation Score of 42 but a good Power Rating of 77, triggering the High Neutral Value Trend Rating.
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