lululemon athletica inc. (LULU) Given Daily Media Sentiment Score of 0.28
Media stories about lululemon athletica inc. (NASDAQ:LULU) have trended positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. lululemon athletica inc. earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave news articles about the apparel retailer an impact score of 46.1026951715167 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- lululemon athletica inc. (LULU) Earns Hold Rating from Deutsche Bank AG (americanbankingnews.com)
- Buckingham Research Reaffirms Neutral Rating for lululemon athletica inc. (LULU) (americanbankingnews.com)
- Morgan Stanley Reaffirms Equal Weight Rating for lululemon athletica inc. (LULU) (americanbankingnews.com)
- Nomura Increases lululemon athletica inc. (LULU) Price Target to $67.00 (americanbankingnews.com)
- lululemon athletica inc. (LULU) Receives “Buy” Rating from J P Morgan Chase & Co (americanbankingnews.com)
Shares of lululemon athletica inc. (NASDAQ:LULU) opened at 61.69 on Friday. The company has a 50 day moving average price of $60.47 and a 200 day moving average price of $57.49. lululemon athletica inc. has a 1-year low of $47.26 and a 1-year high of $72.70. The stock has a market cap of $8.43 billion, a P/E ratio of 29.22 and a beta of 0.25.
lululemon athletica inc. (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, August 31st. The apparel retailer reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.04. lululemon athletica inc. had a net margin of 12.21% and a return on equity of 23.54%. The firm had revenue of $581.10 million during the quarter, compared to the consensus estimate of $567.40 million. During the same quarter in the previous year, the firm posted $0.38 earnings per share. The company’s revenue was up 12.9% on a year-over-year basis. On average, equities analysts anticipate that lululemon athletica inc. will post $2.35 EPS for the current year.
Several equities analysts have recently weighed in on the company. UBS AG reiterated a “neutral” rating and issued a $54.00 price target (down from $57.00) on shares of lululemon athletica inc. in a research report on Tuesday, May 30th. Morgan Stanley reiterated an “equal weight” rating and issued a $61.00 price target (up from $58.00) on shares of lululemon athletica inc. in a research report on Friday. Barclays PLC set a $85.00 price target on lululemon athletica inc. and gave the company a “buy” rating in a research report on Saturday, June 3rd. Jefferies Group LLC reiterated a “hold” rating and issued a $60.00 price target (up from $56.00) on shares of lululemon athletica inc. in a research report on Friday. Finally, FBR & Co reiterated a “hold” rating and issued a $55.00 price target on shares of lululemon athletica inc. in a research report on Friday. Three research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $66.13.
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In other lululemon athletica inc. news, Director Glenn Murphy acquired 97,728 shares of the business’s stock in a transaction that occurred on Monday, June 26th. The shares were bought at an average cost of $55.50 per share, with a total value of $5,423,904.00. Following the completion of the acquisition, the director now directly owns 100,344 shares in the company, valued at approximately $5,569,092. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.29% of the company’s stock.
lululemon athletica inc. Company Profile
lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.
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