lululemon athletica (LULU) has risen sharply, recording gains of 0.7% in the past 4 weeks. However, the stock has corrected -3.05% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.91% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.98% and the fifty day Moving Average is 2.44%. Lululemon Athletica Inc. is up 20.87% in the last three month period. Year-to-Date the stock performance stands at 49.02%.
lululemon athletica (LULU) : 20 investment research analysts covering lululemon athletica (LULU) have an average price target of $73.1 for the near short term. The highest target price given by the Brokerage Firm to the stock is $92 and the lowest target is $40 for the short term. Analysts expect the variance to be within $13.97 of the average price.
lululemon athletica (NASDAQ:LULU): On Fridays trading session , Opening price of the stock was $80.35 with an intraday high of $81.24. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $78.17. However, the stock managed to close at $78.19, a loss of 2.98% for the day. On the previous day, the stock had closed at $80.59. The total traded volume of the day was 3,089,202 shares.
lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.