Huntington National Bank adjusted its Lululemon Athletica holdings, as did Impax Asset Management Group plc, Oversea Chinese Banking Corp, and many others. Some firms, including Plato Investment Management and RPG Investment Advisory, newly invested in Lululemon. An analysis of
Lululemon's short interest bears investigation, while the company's five-year
total return for investors outperformed earnings growth, and crossed above its 200-days moving average (DMA). Predictive analysis suggests On Holdings may eclipse Lululemon in 2024 and has resulted in some believing that the worst may already be priced into its stocks. Its Chinese market is predicted to have a 60% growth in Q3, while the company itself is trending due to its
effective capital allocation. Its partnership with the NHL® for a premium fan apparel collection is noteworthy. Furthermore, predictions of its
strong global growth despite mixed US trends have been cited, with China seen as a key growth area in the next two years. Despite a Q2 revenue miss and a guidance cut, its
EPS beat estimates, and the stock appears favored by institutional owners.
Lululemon Athletica LULU News Analytics from Wed, 05 Jun 2024 07:00:00 GMT to Sat, 16 Nov 2024 11:41:19 GMT -
Rating 4
- Innovation -2
- Information 8
- Rumor 2
