Added to YB: 2024-09-03
Pitch date: 2024-09-01
LULU [bullish]
lululemon athletica inc.
-20.63%
current return
Author Info
No bio for this author
Company Info
lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails technical athletic apparel, footwear, and accessories for women and men under the lululemon brand in the United States, Canada, Mexico, China Mainland, Hong Kong, Taiwan, Macau, and internationally.
Market Cap
$19.7B
Pitch Price
$258.26
Price Target
331.00 (+61%)
Dividend
N/A
EV/EBITDA
5.70
P/E
11.28
EV/Sales
1.86
Sector
Textiles, Apparel and Luxury Goods
Category
value
Lululemon Athletica, Inc. – Misunderstood and now an absolute bargain!
LULU: Strong brand, global expansion (29% intl growth), high margins (59.6% gross) despite slowdown. Missed Q2 rev but beat EPS. Lowered FY24 outlook. Product issues to resolve by 2025. Trades at 18.5x fwd P/E, 50% discount to 6yr avg. 14% annual return potential. $331 analyst PT (28% upside).
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