- 27 Mar '19 at 11:32 pm #20296
Athletic apparel company Lululemon Athletica, best known for…
[article]1439[/article]28 Mar '19 at 8:55 pm #20304ClemSnideParticipant
Impressive High 171.45 today
Lululemon Athletica Inc
NASDAQ: LULU ·
March 28, 12:48 PM EDT
169.92 ▲ 23.14 (15.77%)29 Mar '19 at 12:28 am #20307
Lululemon Athletica $LULU positive rating with Susquehanna analyst Sam Poser with a $195 price target on Lululemon stock
“We expect Lululemon to continue to rise above others who sell active wear, through targeted and nuanced customer engagement both online and in stores,” he wrote. “We do not view others who sell active wear as competition.”29 Mar '19 at 12:30 am #20308
[color=green][b]Lululemon Athletica $LULU with Cowen analyst John Kernan has an Outperform rating and raised his price target by $2 to $190.
“Management has posted significant upside to quarterly and annual guidance to past two years giving us further conviction in the direction of estimates,” he wrote. “The Lululemon management team’s execution across merchandising, stores, finance remains near flawless.”29 Mar '19 at 12:31 am #20309
[color=green][b]Lululemon Athletica $LULU Outperform rating and a $190 price target with Brian Nagel, at Oppenheimer
Fourth-quarter same-store sales and gross margin growth are “clear evidence that new products from the company are resonating exceedingly well with consumers,” Nagel wrote.29 Mar '19 at 12:33 am #20310
Lululemon Athletica $LULU reiterated Buy rating and boosted her price target by $10 to $189 by MKM Partners, Roxanne Meyer
Meyer expects details on a range of initiatives at the analyst day, including a fee-based loyalty program and international expansion opportunities, and self-care products.
“While the retail sector is off to a sluggish start in 2019, with limited visibility for top-line acceleration, Lululemon continues to produce traffic-driven comp gains from new and existing customers,” Meyer wrote.29 Mar '19 at 12:35 am #20311
[color=green][b]Lululemon Athletica $LULU buy rating with Jim Duffy, at Stifel and price target from to $187 from $152
Noting that there is the potential for upside to 2019 consensus estimates and that the company’s implied earnings power of $5 a share “looks to be a low hurdle.” “the prototype omnichannel model to which consumer brands should aspire,” Duffy wrote.
“We expect double digit revenue growth can continue and expect a premium multiple will hold.”29 Mar '19 at 12:37 am #20312
Lululemon Athletica $LULU a Neutral rating and a $155 price target with analyst Jen Redding, at Wedbush
“Long term, we see Lululemon as positioned better than most,” she wrote, “but also see less upside ahead as the retailer faces tough comparisons in a dynamic retail environment, and our proprietary data products signal continued run rate pressure.”29 Mar '19 at 12:39 am #20313
[color=green][b]Lululemon Athletica $LULU buy rating with Jefferies’ analyst Randal Konik with a raised target on Lululemon
by $30 to $156 [/b][/color]
But he says Gap (GPS) and Under Armour (UAA) are currently better choices “for athleisure exposure at this point in time.”
“We see further opportunity ahead, as digital initiatives take hold and the international growth story continues,” Konik wrote. “That said, valuation already reflects a lot of these prospects.”29 Mar '19 at 12:42 am #20314
Lululemon Athletica $LULU positive rating with Quo Vadis capital analyst John Zolidis
Lululemon “remains a momentum name trading at elevated valuations and comp and earnings upside are required to maintain or expand the multiple.”
“There is certainly fashion risk and execution related risk,” he wrote. But he thinks it makes to stick with the stock, partly because, of momentum from strong product flows and brand appeal.29 Mar '19 at 12:50 am #20315
[color=green][b]Lululemon Athletica $LULU outperform rating with William Blair, analyst Sharon Zackfia
“It is increasingly apparent that Lululemon is becoming a universe of one—a retailer engineered for the 21st century with its highly productive store base, strong and growing digital ecosystem, inherently low markdowns on seasonal athletic apparel, and highly efficient marketing strategy,” she wrote.29 Mar '19 at 12:51 am #20316
Lululemon Athletica $LULU neutral rating with DA Davidson analyst John Morris and raised his price target by $10 to $155.
“Men’s represents a key growth opportunity for Lululemon, having already reached 40% penetration in the fourth quarter,” Morris wrote. ”We believe management is on track to reach their previously stated $1 billion sales goal for men’s by 2020.”
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