Media coverage about Lululemon Athletica (NASDAQ:LULU) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lululemon Athletica earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news coverage about the apparel retailer an impact score of 47.1908725869127 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern’s rankings:
- VF Corp. exec joins Lululemon (chainstoreage.com)
- BRIEF-Lululemon Athletica Names Patrick Guido Chief Financial Officer (reuters.com)
- BRIEF-Lululemon Athletica Says CFO Patrick Guido Will Receive An Annual Base Salary Of $520,000 (reuters.com)
- lululemon athletica Names Patrick Guido Chief Financial Officer (finance.yahoo.com)
- Lululemon Names New CFO While CEO Search Continues (finance.yahoo.com)
LULU stock traded up $2.05 during trading hours on Monday, reaching $93.76. 1,941,541 shares of the stock were exchanged, compared to its average volume of 1,954,075. The stock has a market cap of $12,422.58, a PE ratio of 36.20, a price-to-earnings-growth ratio of 2.28 and a beta of 0.19. Lululemon Athletica has a 12 month low of $47.26 and a 12 month high of $93.81.
LULU has been the subject of several recent research reports. BidaskClub upgraded shares of Lululemon Athletica from a “hold” rating to a “buy” rating in a research report on Tuesday, December 19th. BMO Capital Markets set a $75.00 target price on shares of Lululemon Athletica and gave the company a “hold” rating in a research report on Tuesday, December 19th. Robert W. Baird set a $85.00 target price on shares of Lululemon Athletica and gave the company a “buy” rating in a research report on Friday, December 22nd. Citigroup cut shares of Lululemon Athletica from a “buy” rating to a “neutral” rating and set a $88.00 target price for the company. in a research report on Tuesday, January 2nd. Finally, Bank of America upgraded shares of Lululemon Athletica to a “buy” rating and upped their price objective for the company from $80.00 to $89.00 in a research report on Tuesday, January 2nd. Sixteen research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the company. Lululemon Athletica presently has a consensus rating of “Buy” and an average target price of $82.14.
In other Lululemon Athletica news, major shareholder Dennis J. Wilson sold 722,134 shares of the stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $77.47, for a total transaction of $55,943,720.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.29% of the stock is currently owned by corporate insiders.
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Lululemon Athletica Company Profile
lululemon athletica inc., an athletic apparel company, together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga and running; other sweaty pursuits; and athletic wear for female youth.
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