News headlines about Lululemon Athletica (NASDAQ:LULU) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lululemon Athletica earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave media stories about the apparel retailer an impact score of 46.3274009107686 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern’s analysis:
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3 Stocks for the Booming E-Commerce Market (finance.yahoo.com) Lululemon Athletica (LULU) PT Raised to $97.00 (americanbankingnews.com) Winner of 2018 Miss USA pageant in Shreveport-Bossier (ksla.com) Lululemon To Stay At The Empire Mall (keloland.com) SunTrust Banks Boosts Lululemon Athletica (LULU) Price Target to $114.00 (americanbankingnews.com)
LULU stock traded down $0.86 during mid-day trading on Tuesday, reaching $102.88. 1,805,420 shares of the stock traded hands, compared to its average volume of 1,890,145. Lululemon Athletica has a 52-week low of $47.26 and a 52-week high of $105.26. The firm has a market capitalization of $13.93 billion, a PE ratio of 39.72, a P/E/G ratio of 2.51 and a beta of 0.14.
Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings data on Tuesday, March 27th. The apparel retailer reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.06. The company had revenue of $929.00 million during the quarter, compared to analyst estimates of $912.41 million. Lululemon Athletica had a net margin of 9.76% and a return on equity of 24.59%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.00 earnings per share. analysts forecast that Lululemon Athletica will post 3.12 EPS for the current year.
A number of equities analysts recently issued reports on the stock. Stifel Nicolaus increased their target price on shares of Lululemon Athletica from $81.00 to $97.00 and gave the company a “hold” rating in a research report on Tuesday. Cowen increased their target price on shares of Lululemon Athletica from $90.00 to $96.00 and gave the company a “buy” rating in a research report on Tuesday, March 27th. Canaccord Genuity set a $75.00 target price on shares of Lululemon Athletica and gave the company a “hold” rating in a research report on Tuesday, February 6th. SunTrust Banks reiterated a “buy” rating and issued a $95.00 target price on shares of Lululemon Athletica in a research report on Friday, February 2nd. Finally, Robert W. Baird set a $99.00 target price on shares of Lululemon Athletica and gave the company a “buy” rating in a research report on Wednesday, March 28th. Seventeen research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the stock. Lululemon Athletica presently has an average rating of “Buy” and an average target price of $84.58.
Lululemon Athletica Company Profile
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.