NASDAQ:LULU - Lululemon Athletica Stock Price, Forecast & News

Lululemon Athletica trades on the NASDAQ under the ticker symbol "LULU."

Lululemon Athletica announced that its board has initiated a share repurchase plan on Wednesday, March 27th 2019, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Lululemon Athletica inc. (NASDAQ:LULU) posted its earnings results on Wednesday, December, 11th. The apparel retailer reported $0.96 EPS for the quarter, beating the Zacks' consensus estimate of $0.93 by $0.03. The apparel retailer earned $916 million during the quarter, compared to the consensus estimate of $897.58 million. Lululemon Athletica had a return on equity of 39.71% and a net margin of 15.10%. Lululemon Athletica's revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. View Lululemon Athletica's Earnings History.

Lululemon Athletica is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Lululemon Athletica.

Lululemon Athletica updated its fourth quarter earnings guidance on Monday, January, 13th. The company provided EPS guidance of $2.22-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.15. The company issued revenue guidance of $1.37-1.38 billion, compared to the consensus revenue estimate of $1.35 billion.

32 brokerages have issued 12 month target prices for Lululemon Athletica's stock. Their forecasts range from $157.00 to $300.00. On average, they expect Lululemon Athletica's stock price to reach $239.32 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Lululemon Athletica.

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lululemon Athletica in the last year. There are currently 13 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lululemon Athletica.

News articles about LULU stock have trended somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lululemon Athletica earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave news coverage about the apparel retailer a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Lululemon Athletica.

Lululemon Athletica saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,980,000 shares, a decline of 13.4% from the December 15th total of 3,440,000 shares. Based on an average trading volume of 1,930,000 shares, the short-interest ratio is presently 1.5 days. Approximately 2.8% of the shares of the stock are short sold. View Lululemon Athletica's Current Options Chain.

Some companies that are related to Lululemon Athletica include Under Armour (UAA), Levi Strauss & Co. (LEVI), Columbia Sportswear (COLM), LI NING CO LTD/ADR (LNNGY), Gildan Activewear (GIL), Carter's (CRI), Canada Goose (GOOS), G-III Apparel Group (GIII), Superior Group of Companies (SGC), Centric Brands (CTRC), Jerash Holdings (US) (JRSH), Sequential Brands Group (SQBG), Ever-Glory International Group (EVK) and Tandy Brands Accessories (TBACQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lululemon Athletica investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), salesforce.com (CRM), Home Depot (HD), Paypal (PYPL), Walt Disney (DIS), Micron Technology (MU), Tesla (TSLA) and Visa (V).

Lululemon Athletica's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.68%), Calamos Advisors LLC (0.11%), Johanson Financial Advisors Inc. (0.11%), Chicago Capital LLC (0.09%), Assenagon Asset Management S.A. (0.07%) and Scout Investments Inc. (0.06%). Company insiders that own Lululemon Athletica stock include Celeste Burgoyne, David M Mussafer, Dennis J Wilson, International Corp/Ma Advent, Michelle Sun Choe and Stuart Haselden. View Institutional Ownership Trends for Lululemon Athletica.

LULU stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Scout Investments Inc., Gateway Investment Advisers LLC, First Hawaiian Bank, Chicago Capital LLC, Bell & Brown Wealth Advisors LLC, Chickasaw Capital Management LLC and 180 Wealth Advisors LLC. Company insiders that have sold Lululemon Athletica company stock in the last year include Celeste Burgoyne, David M Mussafer, Dennis J Wilson, Michelle Sun Choe and Stuart Haselden. View Insider Buying and Selling for Lululemon Athletica.

LULU stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Steward Partners Investment Advisory LLC, Calamos Advisors LLC, Gradient Capital Advisors LLC, HWG Holdings LP and DNB Asset Management AS. View Insider Buying and Selling for Lululemon Athletica.

Shares of LULU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LULU stock can currently be purchased for approximately $241.25.

Lululemon Athletica has a market capitalization of $31.43 billion and generates $3.29 billion in revenue each year. The apparel retailer earns $483.80 million in net income (profit) each year or $3.84 on an earnings per share basis. Lululemon Athletica employs 15,700 workers across the globe.View Additional Information About Lululemon Athletica.

The official website for Lululemon Athletica is http://www.lululemon.com/.

Lululemon Athletica's mailing address is 1818 CORNWALL AVENUE, VANCOUVER A1, V6J 1C7. The apparel retailer can be reached via phone at 604-732-6124 or via email at [email protected]