How to Buy Lululemon Athletica Stock
Lululemon Athletica Inc
lululemon athletica inc. , together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women and men.
Lululemon Athletica stock last closed at $352.47, up 1.43% from the previous day, and has decreased 4.77% in one year. It has underperformed other stocks in the Apparel Retail industry by 0.08 percentage points. Lululemon Athletica stock is currently +7.81% from its 52-week low of $326.93, and -31.74% from its 52-week high of $516.39.
At the moment, there are 120.89M LULU shares outstanding. The market capitalization of LULU is $42.61B. In the last 24 hours, 2.46M LULU shares were traded.
How to Buy Lululemon Athletica Stock
Wondering how to invest in Lululemon Athletica stock? Here's how.
- Choose where to buy Lululemon Athletica stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Lululemon Athletica stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your information.
- Evaluate Lululemon Athletica stock: The Lululemon Athletica ticker symbol is LULU. Is Lululemon Athletica stock a good investment? Should you buy shares of LULU? How do LULU's underlying business fundamentals look? Do top analysts think Lululemon Athletica is a good buy? Why has LULU's stock price moved recently? (Hint: Our stock research website can help you decide if LULU is a good stock to buy).
- Execute your LULU purchase: Decide if you will purchase LULU shares at the current market price or use a limit order to purchase LULU stock at a particular price.
- Track your LULU position: Create a watchlist to get live updates on your new investment in Lululemon Athletica shares.
Step 1: Choose where to buy Lululemon Athletica stock
You will need an online brokerage account to access the NASDAQ market and buy LULU stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy LULU today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
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Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best stock app, you need to deposit funds:
Check out the video below if you need help transferring money into your new investment account.
Step 4: Evaluate Lululemon Athletica stock
After you have decided on the best place to buy Lululemon Athletica stock, it's critical to analyze their stock before you buy, so you can wrap your head around the risk and opportunity.
Overview of key LULU info
Fundamentals of LULU
WallStreetZen was built to help average investors do better fundamental analysis in less time.
You can see all of the due diligence checks on LULU's stock page.
Is LULU stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LULU's fair value.
Using relative valuations measures:
- LULU could be overvalued based on its P/E ratio of 28.82x, relative to Apparel Retail industry P/E ratio of 23.49x
- LULU may be overvalued based on its P/B ratio of 10.07x, relative to Apparel Retail industry P/B ratio of 6.99x
- LULU may be overvalued based on its PEG ratio of 3.86x
You can do additional valuation research on LULU's stock here.
A quick look at LULU Financials
Pros:
- LULU profit margin has gone up from 10.5% to 16.1% in the past year.
- LULU earnings of $2.18B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the LULU balance sheet.
- LULU's operating cash flow of $2.30B allows it to safely service it's debt of $1.40B.
- There are more short-term assets than long-term liabilities on the LULU balance sheet.
Cons:
- LULU has a relatively high debt to equity ratio of 0.68.
- Total LULU debt is higher than 5 years ago, relative to shareholder equity.
Is Lululemon Athletica stock a Buy, Hold, or Sell, according to analysts?
Out of 27 Wall Street analysts who track LULU, the consensus analyst rating on Lululemon Athletica is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent LULU Analyst Recommendations
Ashley Owens, a bottom 38% analyst from KeyBanc maintains LULU with a strong buy rating and lowers their LULU price target from $570.00 to $515.00, on Mar 22, 2024.
Alexandra Steiger, a bottom 8% analyst from Morgan Stanley maintains LULU with a strong buy rating and lowers their LULU price target from $539.00 to $490.00, on Mar 22, 2024.
Michael Binetti, a bottom 13% analyst from Evercore ISI Group maintains LULU with a buy rating and lowers their LULU price target from $575.00 to $515.00, on Mar 22, 2024.
Matthew Boss, a top 11% analyst from JP Morgan maintains LULU with a strong buy rating and lowers their LULU price target from $531.00 to $509.00, on Mar 22, 2024.
JP Morgan's Matthew Boss lowered their price target on Lululemon Athletica (NASDAQ: LULU) by 4.1% from $531 to $509 on 2024/03/22. The analyst maintained their Strong Buy rating on the stock.
Lululemon posted a solid earnings beat but guided FY 2024 below the Street, the analyst said to summarize the company's Q4 and FY 2023 print, released on 2024/03/21.
The company's sales momentum remained strong after the holiday in every geography globally except for a "soft start in the US," Boss added.
Earnings Report
Lululemon Athletica reported:
For Q4 2023:
- EPS of $5.29, which beat the Zacks Consensus Estimate of $5.01 and, by 20.2%, Q4 2022’s $4.40.
- Revenue of $3.21B, which beat the Zacks Consensus Estimate of $3.19B and, by 15.8%, Q4 2022’s $2.77B.
For FY 2023:
- EPS of EPS of $12.77, up 26.8% Y/Y.
- Revenue of $9.6B, up 19% Y/Y.
Management guided:
For Q1 2024:
- EPS of $2.35 to $2.40.
- Revenue of $2.175B to $2.2B which, if achieved, would represent a Y/Y increase of 9% to 10%.
For FY 2024
- EPS of $14.00 to $14.20.
- Revenue of $10.7B to $10.8B which, if achieved, would represent a Y/Y increase of 11% to 12%.
CEO Calvin McDonald commented: "We are pleased with the strong finish to our FY 2023 and continue to be ahead of our Power of Three ×2 strategy.
“During Q4, we saw continued momentum across our channels, geographies, and merchandise categories, driven by our teams around the world.
“As we step into 2024, we are focused on the significant opportunities ahead for Lululemon as we navigate the dynamic retail environment and deliver for guests through innovative new products and brand activations."
Ike Boruchow, a top 20% analyst from Wells Fargo maintains LULU with a hold rating and lowers their LULU price target from $450.00 to $425.00, on Mar 22, 2024.
You can dive deeper into what analysts are saying on the Lululemon Athletica stock forecast page.
LULU Momentum
Is LULU Making Money?
Last year, LULU earnings were $1.55B. In the last five year, LULU's earnings have increased by 27.5% per year. This was faster than the Apparel Retail industry average of 11.59%.
Last year, LULU revenue was $9.62B. In the past five year, LULU's revenue has gone up by 23.95% per year. This was faster than the Apparel Retail industry average of 9.14%.
Dive into LULU's earnings and revenue performance here.
What are LULU insiders up to?
Over the past 12 months, insiders at LULU have sold more shares than they have bought.
Celeste Burgoyne, Pres Americas Global Guest of LULU, was the latest LULU insider to sell. They sold $392,904.00 worth of LULU shares on Apr 1, 2024.
Research more about who owns LULU stock here.
Can I get consistent income from LULU stock?
No, Lululemon Athletica doesn't provide an income stream by paying out dividends.
LULU Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your LULU purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Track your LULU position
Now that you own some LULU stock, you'll want to keep up with your new company.
Add LULU to a watchlist to get the latest updates about your LULU stock.
LULU Feed
How to Buy Stock in Lululemon Athletica
To reiterate, here are the 6 steps to buy stock in Lululemon Athletica:
- Choose where to buy Lululemon Athletica stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Evaluate Lululemon Athletica stock
- Execute your LULU purchase
- Track your LULU position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Lululemon Athletica, create your watchlist below.
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