lululemon athletica (LULU) Earning Somewhat Positive Press Coverage, Report Finds
News stories about lululemon athletica (NASDAQ:LULU) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. lululemon athletica earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the apparel retailer an impact score of 46.9083292043197 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Cheniere Energy, Inc., (NYSE: LNG), Zynga Inc., (NASDAQ: ZNGA), Lululemon Athletica Inc., (NASDAQ: LULU), Regal … – Stocks In The News (press release) (tradingnewsnow.com)
- Lululemon Athletica Inc. (NASDAQ: LULU) – Here’s What Day Traders Should Know – Alpha Beta Stock (alphabetastock.com)
- Lululemon: Investors Hoping To ‘Breathe Easy’ – Seeking Alpha (seekingalpha.com)
- Amazon to Venture into Athleisure with New Private-Label Line (toptenwholesale.com)
- Lululemon: Undervalued And Primed For Growth (seekingalpha.com)
LULU has been the subject of a number of analyst reports. Needham & Company LLC set a $69.00 price objective on lululemon athletica and gave the company a “buy” rating in a report on Monday, October 16th. KeyCorp reissued a “hold” rating on shares of lululemon athletica in a report on Friday, August 25th. J P Morgan Chase & Co reaffirmed a “buy” rating and issued a $71.00 price target on shares of lululemon athletica in a report on Friday, September 1st. Zacks Investment Research raised lululemon athletica from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a report on Wednesday, September 6th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $60.00 price target (up from $56.00) on shares of lululemon athletica in a report on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. lululemon athletica currently has a consensus rating of “Hold” and a consensus price target of $65.67.
lululemon athletica (NASDAQ:LULU) traded down $0.01 during trading on Friday, hitting $66.79. The stock had a trading volume of 437,837 shares, compared to its average volume of 1,680,000. The firm has a market cap of $9,040.00, a price-to-earnings ratio of 30.64, a P/E/G ratio of 2.32 and a beta of 0.15. lululemon athletica has a 52 week low of $47.26 and a 52 week high of $72.70.
lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, August 31st. The apparel retailer reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.04. The company had revenue of $581.10 million during the quarter, compared to analyst estimates of $567.40 million. lululemon athletica had a return on equity of 22.51% and a net margin of 11.68%. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 EPS. sell-side analysts anticipate that lululemon athletica will post 2.43 earnings per share for the current fiscal year.
lululemon athletica 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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