The leading market experts have placed a mean price target of $72.86 on lululemon athletica inc. (NASDAQ:LULU) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.44 a share for the upcoming quarter and $2.15 for the current fiscal.
The technical analysis of lululemon athletica inc. plainly substantiates that the 50-day moving average of lululemon athletica inc. is $77.45, and stock is trading $3.20 points away or +4.13% from its 50-day moving average of $77.45. Further it is trading $12.95 or +19.12% away its 200-day moving average of $67.70. lululemon athletica inc. (NASDAQ:LULU) 52-week high is $80.97 and the 52-week low is $43.14.
This explains if the stock moves $-0.32, it will post a 52-week high. In event of +86.95% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of lululemon athletica inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, lululemon athletica inc. (NASDAQ:LULU) ratio came in at 42.79.
The stock last ended the trading session at $80.65 and registered a market cap of $11.05B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. lululemon athletica inc. (NASDAQ:LULU) PEG ratio is at 2.30.
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