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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 $318.04, down 0.07% from the previous day, and has decreased 13.62% in one year. It has underperformed other stocks in the Apparel Retail industry by 0.43 percentage points. Lululemon Athletica stock is currently +8.53% from its 52-week low of $293.03, and -38.41% from its 52-week high of $516.39.

At the moment, there are 120.89M LULU shares outstanding. The market capitalization of LULU is $38.45B. In the last 24 hours, 1.73M LULU shares were traded.

How to Buy Lululemon Athletica Stock

Wondering how to invest in Lululemon Athletica stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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

LULU Price
$318.04
1w %
3.67%
1y %
-13.62%
5y %
85.31%
P/E
26x
P/B
9.09x
P/S
4.19x
PEG
2.04x
Revenue
$9.62B
Earnings
$1.55B
Fore. Rev. Growth
10.75%
Fore. Earn. Growth
12.77%
Market Cap
$38.45B
Next Earnings
N/A
Next Dividend
N/A

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 26x, relative to Apparel Retail industry P/E ratio of 24.78x
  • LULU may be overvalued based on its P/B ratio of 9.09x, relative to Apparel Retail industry P/B ratio of 7.71x
  • LULU may be overvalued based on its PEG ratio of 2.04x

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

Simeon Siegel, a top 6% analyst from BMO Capital maintains LULU with a hold rating and lowers their LULU price target from $420.00 to $384.00, on Jun 6, 2024.

Brian Nagel, a top 12% analyst from Oppenheimer maintains LULU with a buy rating and maintains their LULU price target from $445.00 to $445.00, on Jun 6, 2024.

Tom Nikic, a top 7% analyst from Wedbush maintains LULU with a buy rating and raises their LULU price target from $397.00 to $400.00, on Jun 6, 2024.

Lorraine Hutchinson, a bottom 7% analyst from Bank of America maintains LULU with a strong buy rating and raises their LULU price target from $430.00 to $440.00, on Jun 6, 2024.

Dana Telsey, a top 8% analyst from Telsey Advisory Group maintains LULU with a buy rating and lowers their LULU price target from $550.00 to $470.00, on Jun 6, 2024.

Telsey Advisory Group's Dana Telsey lowered their price target on Lululemon Athletica (NASDAQ: LULU) by 14.5% from $550 to $470 on 2024/06/06. The analyst maintained their Buy rating on the stock.

Lululemon Athletica reported its Q1 2024 earnings on 2024/06/05.

Telsey highlighted that the quarter's EPS was both higher Y/Y and ahead of the consensus estimate, "primarily the result of better-than-expected expense deleverage."

Although the company's U.S. women's business started the year slowly, men's and international remained strong, the analyst added.

All in all, Telsey Advisory Group said that Q1 delivered a "nice beat against mixed expectations."

Earnings Report

For Q1 2024, Lululemon Athletica reported:

  • EPS of $2.54, which beat the Zacks Consensus Estimate of $2.38 and, by 11.4%, Q1 2023's $2.28.
  • Revenue of $2.209B, which beat the Zacks Consensus Estimate of $2.198B and, by 10.4%, Q1 2023's $2.001B.
  • Comparable store sales were up 6% Y/Y.
  • The repurchase of 0.8M shares at a cost of $296.9M.
  • $1.7B remaining on its stock repurchase program, which the Board topped up by another $1B in the quarter.

Management guided:

For Q2 2024:

  • EPS of $2.92 to $2.97.
  • Revenue of $2.4B to $2.42B, representing growth of 9% to 10%.
  • Operating margin of 19.6%, down 50 bps Y/Y.

For FY 2024:

  • EPS of $14.27 to $14.47.
  • Revenue of $10.7B to $10.8Bn, representing growth of 11% to 12%, or 10% to 11% excluding the 53rd week of 2024 (unchanged).
  • Operating margin of 23.3% (unchanged).

CEO Calvin McDonald commented: "In Q1, we saw strong momentum in our international markets, demonstrating how our brand continues to resonate around the world.

"Guests responded well to our product innovations across categories, and we are pleased by the progress we are making to optimize our U.S. product assortment.

"Looking ahead, we continue to have a significant runway for growth and are confident in our team’s ability to powerfully deliver for our guests in 2024 and beyond."

CFO Meghan Frank added: "We reported Q1 results ahead of our expectations as we operated with agility and continued to make strategic investments in the business.

"As we look to the rest of the year, we remain focused on leveraging our strengths and differentiated model to advance our Power of Three ×2 strategy and fuel performance.

"We are energized by the opportunities in front of us and believe we are well-positioned to drive sustainable, long-term growth."

You can dive deeper into what analysts are saying on the Lululemon Athletica stock forecast page.

LULU Momentum

SMA10
311.23
SMA20
316.62
SMA50
339.45
SMA100
397.22
SMA200
412.16
MACD
-9.15
MACD Signal
-12.49
MACD Histogram
3.34
RSI
44.47
Stochastic %K
55.94
Stochastic %D
54.93
StochRSI %K
89.46
StochRSI %D
92.29

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 12.03%.

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 8.56%.

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.

Nicole Neuburger, Chief Brand Officer of LULU, was the latest LULU insider to sell. They sold $3,819.12 worth of LULU shares on Jun 10, 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

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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.

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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:

  1. Choose where to buy Lululemon Athletica stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Lululemon Athletica stock
  5. Execute your LULU purchase
  6. Track your LULU position

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Lululemon Athletica, create your watchlist below.

NASDAQ: LULU
$318.04-0.22 (-0.07%)
Updated Jun 11, 2024
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NASDAQ: LULU
$318.04-0.22 (-0.07%)
Updated Jun 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lululemon Athletica share?

As of Jun 11, 2024, it costs $318.04 to buy one share of Lululemon Athletica stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.314 shares of LULU.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lululemon Athletica stock?

According to 27 Wall Street analysts who monitor Lululemon Athletica, their consensus recommendation is to buy Lululemon Athletica stock.

What is the best way to buy Lululemon Athletica stock?

One way to place an order for Lululemon Athletica stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.