Wall Street brokerage predicts that LULU is going to post an EPS of $0.91 for the present fiscal quarter. Estimates have been provided by 11 analysts. The forecast estimates range between $0.86 and $0.99. Last year in the same period, a $0.22 EPS was reported. Its next earnings results for earnings are scheduled to be published on 3rd June, Thursday.
Stock Commentary On LULU
By general consensus, analysts are predicting a $6.48 yearly EPS for LULU, with estimates ranging between $6.38 and $6.62. EPS estimates for the upcoming year range between $7.71 and $8.72.
Its latest earnings results for the quarter were posted on 29th March, Monday. An EPS of $2.58 was reported beating the consensus $2.39 estimate. A $1.73B revenue was reported as well. It also had a 13.38% net margin and a 28.68% equity return.
Several research analysts have issued their reports for LULU stock. Robert W. Baird cut their target price to $395 from $425 while issuing a rating of “outperform” on 31st March, Wednesday. Morgan Stanley decreased their price target to $377 from $394 while issuing a rating of “equal weight” on Tuesday. Piper Sandler decreased their objective price to $478 from $490 while issuing a rating of “overweight” on 29th March, Monday. Cowen dropped their price target to $389 from $409 while issuing a rating of “outperform” on 15th March, Monday. BTIG Research decreased their price target to $434 from $453 while issuing a rating of “buy” on 31st March, Wednesday.
On Thursday, LULU traded downwards by $2.39 in the middle of the day, hitting $318.39. The trading volume for the day was 63,227 whereas the usual volume is 1,328,472. The highest and lowest value of the stock over a period of 12 months stands at $399.90 and $269.28. The market capitalization stands at $41.51B with a 1.34 beta.
