Media coverage about Lululemon Athletica (NASDAQ:LULU) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lululemon Athletica earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the apparel retailer an impact score of 47.226317758322 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s analysis:
- Time to Focus on lululemon athletica (LULU) for Strong Earnings Growth Potential (finance.yahoo.com)
- Edited Transcript of LULU earnings conference call or presentation 30-Aug-18 8:30pm GMT (finance.yahoo.com)
- Lululemon founder now one of world’s 500 richest people (msn.com)
- Lululemon Secures Fed. Circ. Win In Row Over Sports Bra IP (law360.com)
- Is lululemon athletica (LULU) Outperforming Other Consumer Discretionary Stocks This Year? (finance.yahoo.com)
A number of research analysts recently weighed in on LULU shares. ValuEngine cut Lululemon Athletica from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 13th. Stifel Nicolaus lifted their target price on Lululemon Athletica from $111.00 to $113.00 and gave the company a “hold” rating in a report on Friday, June 8th. Robert W. Baird lifted their target price on Lululemon Athletica from $125.00 to $140.00 and gave the company an “outperform” rating in a report on Friday, June 8th. Bank of America lifted their target price on Lululemon Athletica from $121.00 to $140.00 and gave the company a “buy” rating in a report on Friday, July 6th. Finally, Zacks Investment Research cut Lululemon Athletica from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. Fifteen investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the company. Lululemon Athletica presently has an average rating of “Buy” and a consensus target price of $143.19.
Shares of NASDAQ LULU opened at $150.82 on Friday. Lululemon Athletica has a 1 year low of $57.19 and a 1 year high of $160.00. The stock has a market cap of $20.73 billion, a PE ratio of 58.23, a price-to-earnings-growth ratio of 2.51 and a beta of 0.11.
Lululemon Athletica (NASDAQ:LULU) last announced its earnings results on Thursday, August 30th. The apparel retailer reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.22. Lululemon Athletica had a return on equity of 28.67% and a net margin of 11.97%. The business had revenue of $723.50 million for the quarter, compared to analyst estimates of $669.14 million. During the same period in the previous year, the company earned $0.39 earnings per share. research analysts predict that Lululemon Athletica will post 3.56 EPS for the current year.
About Lululemon Athletica
lululemon athletica inc., an athletic apparel company, together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits; and athletic wear for female youth.
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