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Lululemon Athletica Inc. (NASDAQ: LULU), a leading name in the athletic apparel industry, has seen its stock value plummet by nearly 50% this year, despite reporting solid revenue growth.The steep decline in LULU’s share price can be linked to a combination of financial pressures, supply chain issues, and several notable analyst downgrades.LULU stock price performance YTD. Source: Finbold.comFirst quarter earnings summary for LULU stockLululemon’s first quarter earnings report showcased strong financial per ...

Core Viewpoint - Lululemon's stock has experienced a decline of 14.33% over the past month, contrasting with the Consumer Discretionary sector's loss of 0.46% and the S&P 500's gain of 0.1% [1] Group 1: Stock Performance - The most recent trading session closed with Lululemon at $256, reflecting a -1.17% change from the previous day's closing, which lagged behind the S&P 500's daily loss of 0.5% [1] - The upcoming earnings release is anticipated to show an EPS of $2.95, a 10.07% increase year-over-year, with revenue expected to reach $2.41 billion, up 9.24% from the prior-year quarter [1] Group 2: Earnings Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $14.22 per share and revenue of $10.68 billion, indicating increases of +11.35% and +11% respectively from the previous year [1] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Lululemon reflect shifting business dynamics, with positive revisions indicating optimism about the company's outlook [2] - The Zacks Rank system currently rates Lululemon as 3 (Hold), with the consensus EPS estimate having moved 0.49% lower over the past month [2] Group 4: Valuation Metrics - Lululemon's Forward P/E ratio stands at 18.22, which is a premium compared to the industry average of 14.23 [3] - The company has a PEG ratio of 1.3, compared to the industry average PEG ratio of 1.52 [3] - The Textile - Apparel industry, part of the Consumer Discretionary sector, ranks in the bottom 30% of all industries according to the Zacks Industry Rank [3]

Citigroup downgraded Lululemon stock, but it still sees some upside.Lululemon Athletica (LULU 2.18%) has been one of the most disruptive companies in the apparel industry in the last generation. It essentially invented the athleisure segment, making high-end yoga pants fashionable, but it has struggled recently, and now, one prominent Wall Street analyst has cut his rating on the stock.Citi cools on LululemonIn a note on Thursday, Citigroup analyst Paul Lejuez downgraded Lululemon from buy to neutral and lo ...

Lululemon stock is down 50% this year. Is this an overreaction?In this video, I will cover Lululemon Athletica (LULU 0.85%) which has seen its stock price plummet this year. This could be an attractive opportunity for long-term investors.*Stock prices used were from the trading day of July 26, 2024. The video was published on July 27, 2024. ...

jetcityimage/iStock Editorial via Getty Images Lululemon (NASDAQ:LULU), (TSX:LLL:CA), (NEOE:LULU:CA) has taken a beating in 2024. The stock is the second worst performer in the S&P 500, even as the index sits near all-time highs. What's more, LULU began underperforming the S&P 1500 Apparel Retail index, a broad proxy for its overall industry, early in the year. YCharts My previous article covered the quality of Lululemon's model and its demonstrated pricing power - of which little has seemed to change. Lulu ...

Lululemon (LULU) has been beaten down lately with too much selling pressure. While the stock has lost 19.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that mea ...

Some names in the retail and apparel sectors have made a splash in investors’ monitors in recent weeks, even months. Unfortunately, the attention is founded on seriously bearish price action, like the fact that shares of Lululemon Athletica Inc. NASDAQ: LULU are now trading at only 48% of their 52-week high, which is dangerously close to making a new 52-week low.Another unlikely name to be trading near a 52-week low is Nike Inc. NYSE: NKE. Management issued lower-than-expected financial guidance for the res ...

Key TakeawaysConcerns about Lululemon 's earnings in a slowing retail environment sent shares to their lowest level in more than four years.JPMorgan lowered its price target for the stock and took the company off its Analyst Focus List.Citi also reportedly reduced the price target, and cut its rating. Lululemon Athletica (LULU) shares tumbled to their lowest level since the spring of 2020 as analysts raised concerns about the fashion athletic wear maker’s financial performance in a slowing retail environmen ...

Core Viewpoint - Lululemon Athletica Inc is experiencing significant downward pressure on its stock price due to multiple downgrades from major brokerages, indicating a potential slowdown in the athletic apparel market and increased competition [1][2]. Group 1: Analyst Ratings and Price Targets - JPMorgan Securities downgraded Lululemon to "neutral," removed it from its analyst focus list, and reduced its price target from $457 to $338, citing a "category slowdown" and competition vulnerability [1]. - Citigroup also downgraded Lululemon from "buy" to "neutral," lowering its price target from $415 to $300 [1]. - TD Cowen adjusted its price target from $447 to $420 [1]. - Currently, 19 out of 27 brokerages rate Lululemon stock as "buy" or better, with a 12-month consensus price target of $391.66, representing a 48.4% premium over the last closing price [1]. Group 2: Stock Performance - Lululemon's stock is set to open at more than two-year lows, following a significant decline that has seen it close at its lowest mark since July 2022 [2]. - The stock attempted to rally after a mid-May bear gap but lost momentum in early June just below the $340 level [2]. - If premarket losses persist, Lululemon will add to a year-to-date deficit of 46.8% [2].