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 of Directors has initiated a stock repurchase plan on Wednesday, March 27th 2019, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

Lululemon Athletica inc. (NASDAQ:LULU) posted its quarterly earnings data on Wednesday, December, 11th. The apparel retailer reported $0.96 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.93 by $0.03. The apparel retailer earned $916 million during the quarter, compared to analyst estimates of $897.58 million. Lululemon Athletica had a return on equity of 39.71% and a net margin of 15.10%. The company's quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the business posted $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 issued an update on its fourth quarter earnings guidance on Monday, January, 13th. The company provided earnings per share 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 brokers have issued 1-year price objectives for Lululemon Athletica's shares. Their forecasts range from $157.00 to $300.00. On average, they expect Lululemon Athletica's share price to reach $239.32 in the next year. 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.

Headlines about LULU stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Lululemon Athletica earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news stories about the apparel retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Lululemon Athletica.

Lululemon Athletica saw a drop in short interest in December. As of December 31st, there was short interest totalling 2,980,000 shares, a drop 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 days-to-cover ratio is currently 1.5 days. Approximately 2.8% of the shares of the company are sold short. View Lululemon Athletica's Current Options Chain.

Some companies that are related to Lululemon Athletica include Under Armour (UAA), Levi Strauss & Co. (LEVI), LI NING CO LTD/ADR (LNNGY), Columbia Sportswear (COLM), 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 a variety of of retail and institutional investors. Top institutional investors 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 bought 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]