Should You Sell Lululemon Athletica inc (LULU) And Go Away This Year?

Lululemon Athletica inc (NASDAQ:LULU) currently has a daily average trading volume of 2.31M but it saw 1340618 shares traded in last market. With a market cap of 40.14B USD, the company’s current market price of $320.46 came rising about 0.91 while comparing to the previous closing price of $317.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $423.32 and as low as $226.01.

Needham issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $430 and $366.

Over the week, LULU’s stock price is moving 0.47% up while it is 20.54% when we observe its performance for the past one month. Year-to-date it is -16.20% down and over the past year, the stock is showing a downside performance of -2.02%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 2.58 while estimate for next year EPS is 14.87. In next quarter, company is expected to be making quarterly sales of $2.56B as analysts are expecting the sales for current fiscal year at $11.21B and seeing the company making $12.05B in sales next year. Moreover, analysts are in estimates of $2.36B for current-quarter revenue.

Currently, Lululemon Athletica inc’s total number of outstanding shares is 116.17M with 4.64% of that held by the insiders while 96.36% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 32.26% and return on equity (ROE) at 42.42%. It has a price to earnings ratio (P/E ratio) of 21.96 while having a 20.00 of forward P/E ratio. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 8.99 while price to sale or P/S ratio amounts to 3.79. Its return on asset (ROA) is 24.70% on average.