Athletic apparel retailer Lululemon Athletica Inc (NASDAQ:LULU) is down 3.1% before the bell, following a barrage of bear notes. Most notably, JPMorgan Securities cut its rating on LULU to "neutral," removed it from its analyst focus list, and slashed its price target to $338 from $457. In its bear note, the analyst cited a "category slowdown" and vulnerability to competition. Elsewhere, Citigroup also downgraded the equity to "neutral" from "buy" and lowered its price objective to $300 from $415, while TD ...

Lululemon (LULU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this athletic apparel maker have returned -8.7%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Textile - Apparel industry, which Lululemon falls in, has lost 6.4%. The key question now is: What could be the stock's future direction?Although media reports ...

The apparel giant is going through a rough drawdown but still growing around the globe.Apparel is a hypercompetitive business. Going through boom and bust trends, the apparel shopper can switch habits on a dime, sometimes to the detriment of investors. Lululemon (LULU -1.72%) investors are feeling this volatility at the moment. The stock is off 43.5% from recent highs as of this writing due to a huge slowdown in its core North American market. Wall Street is worried about upstart competitors taking share in ...

This premium sportswear business possesses many favorable qualities.The main objective of investing in the stock market is to raise your purchasing power over time at a much faster clip than the rate of inflation. This is a more complex way of saying that people want to become rich from the stocks that they own.In the past five years, shares of Lululemon (LULU -1.72%) have risen by only 54%, a huge disappointment when compared to the triple-digit total returns of both the S&P 500 and Nasdaq Composite Index ...

The swoosh has faded in the final stretch, but these other brands are sprinting toward the finish line.Nike (NKE 0.44%) is a dominant global footwear brand, with $33 billion in annual shoe sales. But weak consumer spending trends are revealing holes in Nike's business.In the most recent quarter, Nike's footwear sales were down 6% year over year, which led a slight decline in overall sales. The soft demand trends have sent Nike stock down 60% from its all-time high.Most Wall Street analysts still rate Nike s ...

It's been a disappointing year for this premium apparel stock.Oh, how the mighty have fallen. Since hitting a record of $511.29 at the end of 2023, share prices of Lululemon Athletica (LULU -1.72%) have cratered 44%. This is despite the S&P 500 generating an impressive 18% total return during the same period.To be clear, this apparel stock has still been a massive market outperformer in the past decade (up 650%). However, investors have become pessimistic about the state of the business.What's the best cour ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?Develop ...

mixetto/E+ via Getty Images Introduction Lululemon (NASDAQ:LULU) cannot seem to catch a break in 2024. Let me list six reasons why I think its share price has plummeted: Shares have fallen by over 40% since the start of the year (they had surged in late 2023 when Lululemon got admitted into the S&P 500) With Lululemon's share price reaching a new 52-week low, investors have capitulated and run for the hills. Chief Product Officer has resigned for a better opportunity, with merchandising missteps in the ba ...

Robert Way Introduction Lululemon Athletica Inc. (NASDAQ:LULU) has been on my radar for quite some time now, but I couldn’t fathom buying the stock at $400 or $500 when shares were trading at 40x to 50x its earnings. However, Lululemon stock has sold off more than 40% since the start of 2024, bringing its valuation down to much more reasonable levels. At less than $300 a share, Lululemon is beginning to look like an attractive long-term investment. Although shares did trade below $300 a little over a ye ...

Up-and-coming competitors are a threat to the company, according to the analyst.Talk about a fall from grace. The once high-flying athletic apparel retail stock Lululemon Athletica (LULU 0.74%) is down a queasy 43% year to date. The slowing revenue growth rate the company revealed in its first-quarter earnings report spooked many investors, and quite a few remain on the sidelines.Among Lululemon's bears is one analyst who cut his price target on the specialty retail stock from his already low level. Was thi ...