lululemon(US:LULU) ZACKS·2024-07-30 22:51Core 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]