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 Buy Opinion On Shares Of Southern Copper Corporation
Research Alert: CFRA Maintains Buy Opinion On Shares Of Southern Copper Corporation
May 25, 2025
01:15 AM EDT, 04/28/2025 (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 decrease our 12-month target price by $1 to $109, as we value SCCO at an EV/EBITDA of 11.2x our 2026 EBITDA estimate, in line with SCCO's three-year avg. forward...
Research Alert: CFRA Maintains Buy Opinion On Wcn Shares
Research Alert: CFRA Maintains Buy Opinion On Wcn Shares
May 25, 2025
01:15 AM EDT, 04/28/2025 (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: Following WCN's Q1 earnings release, we are keeping our 12-month target price at CAD300, which implies an EV/EBITDA of 16.5x our 2026 EBITDA estimate, above peers but below WCN's own...
Research Alert: CFRA Keeps Sell Opinion On Shares Of Phillips 66
Research Alert: CFRA Keeps Sell Opinion On Shares Of Phillips 66
May 25, 2025
03:35 AM EDT, 04/28/2025 (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 12-month target price of $100 (reduced by $15) reflects a 7.3x multiple of enterprise value to projected 2026 EBITDA, which is about in line with PSX's historical forward average....
Research Alert: CFRA Keeps Hold Opinion On Adrs Of Wpp Plc
Research Alert: CFRA Keeps Hold Opinion On Adrs Of Wpp Plc
May 25, 2025
05:10 AM EDT, 04/28/2025 (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 12-month target price is revised to USD40 (from USD44). This is based on 2025 P/E of 7.1x, which is discounted against its five-year historical average of 9.9x and the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved