The price of Lululemon Athletica inc (NASDAQ:LULU) shares last traded on Wall Street rose 15.89% to $399.60.
LULU stock price is now 31.02% away from the 50-day moving average and 24.97% away from the 200-day moving average. The market capitalization of the company currently stands at $58.77B.
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With the price target enhanced from $360 to $430, Telsey Advisory Group maintained Outperform rating for Lululemon Athletica inc (NASDAQ: LULU). On December 02, 2024, Jefferies reiterated its ‘Underperform’ rating on the stock and kept its target price maintained at $220, while ‘Needham’ rates the stock as ‘Hold’
In other news, NEUBURGER NICOLE, Chief Brand Officer sold 486 shares of the company’s stock on Sep 26 ’24. The stock was sold for $131,021 at an average price of $269.59. Upon completion of the transaction, the Chief Brand Officer now directly owns 6,198 shares in the company, valued at $2.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 26 ’24, Officer NICOLE NEUBURGER bought 486 shares of the business’s stock. A total of $131,021 was incurred on buying the stock at an average price of $269.59. A total of 12.78% of the company’s stock is owned by insiders.
During the past 12 months, Lululemon Athletica inc has had a low of $226.01 and a high of $516.39. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 2.00, and a quick ratio of 1.00. According to the stock market information, the enterprise value for the company is $42183348224, which is based on a 28.86 price-to-earnings ratio, a 3.15 price-to-earnings-growth ratio, and a beta of 1.23. The fifty day moving average price for LULU is $304.999 and a two-hundred day moving average price translates $319.74576 for the stock.
The latest earnings results from Lululemon Athletica inc (NASDAQ: LULU) was released for 2024-07-28. The net profit margin was 17.05% and return on equity was 46.21% for LULU. The company reported revenue of $2.37 billion for the quarter, compared to $2.21 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.33 percent.
