lululemon athletica Stock: Analyst Estimates & Ratings

Company Overview - lululemon athletica inc. is based in Vancouver, Canada, and specializes in designing, distributing, and retailing technical athletic apparel, footwear, and accessories for both women and men under the lululemon brand. The company has a market capitalization of $20.7 billion [1]. Performance Analysis - Over the past 52 weeks, lululemon has significantly underperformed the broader market, with its shares declining by 54.9%, while the S&P 500 Index increased by 11.8%. Year-to-date, the stock is down 15.1%, contrasting with a slight drop in the S&P 500 [2]. - The company has also lagged behind the Amplify Online Retail ETF, which saw a decrease of 12.3% over the past 52 weeks and 13.9% year-to-date [3]. Recent Financial Results - On December 11, lululemon reported better-than-expected Q3 results, with shares surging by 9.6% in the following trading session. The company's total revenue rose by 7.1% year-over-year to $2.6 billion, exceeding Wall Street expectations by 3.6%. However, earnings per share (EPS) declined by 9.8% from the previous year to $2.59, although it surpassed analyst expectations of $2.22 [4]. Earnings Forecast - For the current fiscal year ending in January, analysts project lululemon's EPS to decline by 10.8% year-over-year to $13.06. The company has a strong earnings surprise history, having exceeded consensus estimates in each of the last four quarters [5]. Analyst Ratings - Among the 31 analysts covering lululemon, the consensus rating is a "Hold," which includes two "Strong Buy," 26 "Hold," one "Moderate Sell," and two "Strong Sell" ratings [5]. - The configuration of ratings has slightly shifted, with three analysts now suggesting a "Strong Buy" rating. JPMorgan Chase & Co. maintained a "Neutral" rating and raised its price target to $209, indicating an 18.5% potential upside from current levels [6]. - The mean price target of $210.58 represents a 19.4% premium to current price levels, while the highest price target of $320 suggests an ambitious 81.4% potential upside [7].