Lululemon Surges to 85th in Market Rankings with $830 Million Turnover
On May 29, 2025, Lululemon AthleticaLULU-- (LULU) saw a significant increase in trading volume, with a total turnover of $830 million, marking a 34.29% rise from the previous day. This surge placed LululemonLULU-- at the 85th position in the day's stock market rankings. The stock price of Lululemon Athletica (LULU) rose by 0.43%.
Lululemon is anticipated to report higher earnings and revenues for the quarter ending April 2025, indicating a year-over-year increase in its financial performance.
Lululemon Athletica Inc. exceeded its revised guidance for the fourth quarter of 2024, with total revenue increasing by 8% to 9% on a constant currency basis, demonstrating strong financial performance.
For the current quarter, Lululemon is projected to report earnings of $2.58 per share, highlighting the company's potential for continued growth and profitability.
Lululemon Athletica reported earnings per share (EPS) of $6.14 for the quarter, surpassing analysts' consensus estimates of $5.85 by $0.29, indicating strong financial performance.
Lululemon currently has an Earnings ESP of +0.50%, suggesting that analysts have recently become more optimistic about the company's earnings prospects.
Citi analyst Paul Lejuez raised the firm's price target on Lululemon to $325 from $275, maintaining a Neutral rating on the shares, reflecting a positive outlook on the company's future performance.
Morgan Stanley reduced its price target for Lululemon stock from $373 to $346 but maintained its bullish “overweight” rating, indicating continued confidence in the company's long-term prospects.
The firm anticipates that Lululemon's management will reaffirm its fiscal year 2025 EPS guidance of $14.95 to $15.15, which assumes low single-digit growth in earnings.

Comentarios
Aún no hay comentarios