Robert W. Baird Raises Price Target for Lululemon Athletica to $435.00
June 12, 2023
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The company focuses on the production of yoga and activewear for women, men, and girls, and is now a multi-billion dollar company with stores all around the world. Robert W. Baird investment analysts have recently upgraded the stock price target for Lululemon Athletica ($NASDAQ:LULU) from $430.00 to $435.00, indicating an optimistic outlook on the company’s future. Furthermore, many analysts predict that Lululemon will continue to experience strong growth in the near future due to their focus on sustainability, innovation, and expanding their product lines.
Share Price
On Monday, Robert W. Baird raised its price target for LULULEMON ATHLETICA to $435.00, after the company’s stock opened at $363.0 and closed at $356.4, down by 2.5% from prior closing price of 365.4. This action from Robert W. Baird reflects the optimism that the athleisure apparel retailer is likely to meet its financial targets going forward and deliver strong returns for investors in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lululemon Athletica. More…
| Total Revenues | Net Income | Net Margin |
| 8.5k | 955.21 | 14.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lululemon Athletica. More…
| Operations | Investing | Financing |
| 1.26k | -606.83 | -323.33 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lululemon Athletica. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.57k | 2.25k | 26.08 |
Key Ratios Snapshot
Some of the financial key ratios for Lululemon Athletica are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 30.2% | 33.0% | 22.0% |
| FCF Margin | ROE | ROA |
| 7.0% | 36.1% | 20.9% |
Analysis
At GoodWhale, we have performed extensive analysis of the fundamentals of LULULEMON ATHLETICA. Our findings suggest that this is a high risk investment with regard to both the financial and business aspects. We have detected 3 risk warnings in the income sheet, balance sheet and non-financial areas and encourage investors to register with us for further insight. The income statement indicates that there is a decrease in the net sales of the company, which could be a warning sign of difficulty in continuing operations. On the other hand, the balance sheet shows that the company has a high amount of debt which could make it difficult to manage its finances and make payments on time. Additionally, nonfinancial factors such as changing customer preferences or an ever-evolving competitive landscape can also make this a risky investment. At GoodWhale, we strive to provide investors with the most accurate information possible. Our analysis of LULULEMON ATHLETICA reveals potential risks and we strongly encourage investors to register with us for further insight. We are here to help you make informed decisions and are committed to your financial success. More…
Peers
Lululemon Athletica Inc is a yoga-inspired, technical athletic apparel company for women. The company operates in the United States, Canada, and Australia. Lululemon Athletica Inc’s main competitors are Buckle Inc, Citi Trends Inc, and Tilly’s Inc.
– Buckle Inc ($NYSE:BKE)
Buckle Inc is a leading retailer of casual apparel, footwear, and accessories for young men and women in the United States. As of 2022, the company has a market capitalization of 1.77 billion dollars and a return on equity of 55.65%. Buckle Inc operates over 450 stores in 44 states across the country, and offers its products through its website and catalog. The company’s mission is to provide great fashion at a great value for its customers.
– Citi Trends Inc ($NASDAQ:CTRN)
Citi Trends Inc is a value-priced retailer of urban fashion apparel, accessories and home décor. The company operates over 600 stores in 31 states. Citi Trends’ mission is to be the largest and most convenient source of trend-right fashion at the right price for our target demographic of urban youth.
– Tilly’s Inc ($NYSE:TLYS)
Tilly’s Inc is a company that operates in the retail industry. The company has a market cap of 239.38M as of 2022 and a return on equity of 19.35%. The company operates through two segments: stores and e-commerce. The company offers a variety of products including apparel, footwear, and accessories for men, women, and children. The company operates stores in California, Arizona, Nevada, and Texas.
Summary
Investment analysts at Robert W. Baird have raised the price target for Lululemon Athletica from $430.00 to $435.00. This indicates a positive outlook for the company, as the analysts believe that the stock will increase in value. The decision was based on an analysis of the company’s current financial performance and future prospects. The company’s strong sales and bottom line results over the past few years suggest that investors should be confident in their decision to hold or buy Lululemon Athletica stock.
The analyst also believes that the company’s focus on product innovation and technology will continue to drive growth and profitability. With its strong management team and well-established brand, Lululemon Athletica appears to be a sound investment opportunity.
