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 Reiterates Buy Opinion On Shares Of Pepsico Inc.
Research Alert: CFRA Reiterates Buy Opinion On Shares Of Pepsico Inc.
Jul 17, 2025
09:40 AM EDT, 07/17/2025 (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 by $5 to $170, based on a 2026 P/E of 20.2x, a justified discount to PEP's five-year mean forward P/E of 23.4x. We lower our...
Research Alert: CFRA Maintains Buy Opinion On Shares Of Cognex Corporation [cgnx]
Research Alert: CFRA Maintains Buy Opinion On Shares Of Cognex Corporation [cgnx]
Jul 17, 2025
12:10 PM EDT, 07/17/2025 (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 lift our 12-month target price by $6 to $39, shifting to a P/E of 32x our 2026 EPS view, below its three-year historical average of 45x. We keep our...
Research Alert: CFRA Keeps Buy Opinion On Shares Of Citizens Financial Group, Inc.
Research Alert: CFRA Keeps Buy Opinion On Shares Of Citizens Financial Group, Inc.
Jul 17, 2025
11:55 AM EDT, 07/17/2025 (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: After reviewing Q2 FY 25 earnings, we increase our 12-month target price by $6 to $61, 11.8x our 2026 EPS estimate, above CFG's five-year forward average of 10.2x given improving...
Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Mp Materials Corp.
Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Mp Materials Corp.
Jul 17, 2025
11:40 AM EDT, 07/17/2025 (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 increase our 12-month target by $2 to $70, using an EV/EBITDA of 23.0x our pro forma 2028 EBITDA estimate of $650 million. Our sales and earnings estimates are unchanged,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved