Analysts Estimate Report : What to Look Out for Lululemon Athletica Stock Forecast, Price & News (NASDAQ:LULU)

Earnings results for Lululemon Athletica Stock Forecast, Price & News (NASDAQ:LULU)

lululemon athletica inc. is expected* to report earnings on 09/08/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 17 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.56. The reported EPS for the same quarter last year was $0.96.

Lululemon Athletica last issued its earnings data on June 11th, 2020. The apparel retailer reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.01. The firm had revenue of $651.96 million for the quarter, compared to the consensus estimate of $695.98 million. Its revenue for the quarter was down 16.7% compared to the same quarter last year. Lululemon Athletica has generated $4.93 earnings per share over the last year and currently has a price-to-earnings ratio of 81.8. Lululemon Athletica has confirmed that its next quarterly earnings report will be published on Tuesday, September 8th, 2020.

Analyst Opinion on Lululemon Athletica Stock Forecast, Price & News (NASDAQ:LULU)

34 Wall Street analysts have issued ratings and price targets for Lululemon Athletica in the last 12 months. Their average twelve-month price target is $343.00, predicting that the stock has a possible downside of 5.09%. The high price target for LULU is $460.00 and the low price target for LULU is $192.00. There are currently 12 hold ratings and 22 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Lululemon Athletica has received a consensus rating of Buy. The company’s average rating score is 2.65, and is based on 22 buy ratings, 12 hold ratings, and no sell ratings. According to analysts’ consensus price target of $343.00, Lululemon Athletica has a forecasted downside of 5.1% from its current price of $361.41. Lululemon Athletica has been the subject of 23 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Lululemon Athletica Stock Forecast, Price & News (NASDAQ:LULU)

Lululemon Athletica does not currently pay a dividend. Lululemon Athletica does not have a long track record of dividend growth.

Insiders buying/selling: Lululemon Athletica Stock Forecast, Price & News (NASDAQ:LULU)

In the past three months, Lululemon Athletica insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,034,021.00 in company stock. Only 0.32% of the stock of Lululemon Athletica is held by insiders. 83.33% of the stock of Lululemon Athletica is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Lululemon Athletica Stock Forecast, Price & News (NASDAQ:LULU

Earnings for Lululemon Athletica are expected to grow by 50.24% in the coming year, from $4.24 to $6.37 per share. The P/E ratio of Lululemon Athletica is 81.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.56. The P/E ratio of Lululemon Athletica is 81.77, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 55.44. Lululemon Athletica has a PEG Ratio of 4.64. PEG Ratios above 1 indicate that a company could be overvalued. Lululemon Athletica has a P/B Ratio of 24.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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