financetom
Personal Finance
financetom
/
Personal Finance
/
Research Alert: CFRA Raises Opinion On Shares Of Lululemon Athletica To Strong Buy From Buy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Research Alert: CFRA Raises Opinion On Shares Of Lululemon Athletica To Strong Buy From Buy
Mar 22, 2024 5:54 AM

08:15 AM EDT, 03/22/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our 12-month price target of $550, based on 37.9x our FY 25 (Jan.) EPS estimate and below the company's 5-year average forward P/E multiple of 42.7x. We maintain our FY 25 EPS estimate of $14.50 and initiate our FY 26 EPS estimate at $17.00. LULU posts normalized Q4 EPS of $5.29 vs. $4.40, $0.27 above consensus estimates on revenues of $3.21B vs. $2.77B and $8M above estimates. By region in Q4, Americas revenue increased 9% Y/Y and International revenue increased 54%. Q4 adjusted gross margin expanded 200 bps to 59.4%. LULU opened 25 new company-operated stores in the quarter, bringing the total to 711. LULU guided for revenue growth of 11% to 12% and EPS of $14.00 to $14.20 for FY 25, which we believe is conservative. Inventory declined by 9% to $1.3B compared to $1.4B in Q4 2023. Shares of LULU were down 10% in after-hours, which we believe is a great buying opportunity and leave shares trading under 30x our FY 25 EPS estimate and at the low end of its 5-year range.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Research Alert: CFRA Maintains Hold Opinion On Adss Of Vipshop Holdings Limited
Research Alert: CFRA Maintains Hold Opinion On Adss Of Vipshop Holdings Limited
Sep 11, 2025
12:40 AM EDT, 09/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We maintain our Hold opinion and raise our target price to USD20 from USD16 (based on a 9.4x 2025 P/E vs. its 6.9x three-year mean), expecting gradual improvement from government...
Research Alert: CFRA Maintains Buy Opinion On Shares Of Adobe Inc.
Research Alert: CFRA Maintains Buy Opinion On Shares Of Adobe Inc.
Sep 12, 2025
07:15 AM EDT, 09/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our 12-month target to $425 from $500, on a lower revised P/E of about 16x shifting to our CY 27 EPS view, well below peers and historical. After...
Research Alert: CFRA Keeps Buy Opinion On Shares Of Wix.com
Research Alert: CFRA Keeps Buy Opinion On Shares Of Wix.com
Sep 12, 2025
11:15 AM EDT, 09/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our target price of $200 (up from $159) implies a 2026 P/E of 22.9x (vs. the 5-year average of 76.2x), based on our projected slower but still strong 2-year revenue...
Research Alert: CFRA Maintains Hold Opinion On Shares Of Toyota Motor Corporation
Research Alert: CFRA Maintains Hold Opinion On Shares Of Toyota Motor Corporation
Sep 12, 2025
09:50 AM EDT, 09/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our 12-month target price to USD225 from USD180. This implies a valuation of 11.2x our unchanged FY 26 (Mar.) EPS estimate of JPY160, as Toyota's ( TM )...
Copyright 2023-2026 - www.financetom.com All Rights Reserved