Lululemon Athletica Inc. (LULU): Today's Featured Consumer Non-Durables Winner
(
) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.2%. By the end of trading, Lululemon Athletica rose $2.91 (4.2%) to $72.47 on average volume. Throughout the day, 2.2 million shares of Lululemon Athletica exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in a price between $69.06-$72.81 after having opened the day at $69.71 as compared to the previous trading day's close of $69.56. Other companies within the Consumer Non-Durables industry that increased today were:
Frederick's of Hollywood Group
(
), up 20.8%,
(
), up 11.9%,
(
), up 5%, and
(
), up 4.5%.
lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel for women, men, and female youth. Lululemon Athletica has a market cap of $7.71 billion and is part of the
sector. The company has a P/E ratio of 54.4, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 48.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Lululemon Athletica a buy, one analyst rates it a sell, and eight rate it a hold.
TheStreet Ratings rates Lululemon Athletica as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Lululemon Ratings Report.
On the negative front,
(
), down 6.6%,
(
), down 6.6%,
(
), down 6.5%, and
(
), down 6%, were all losers within the consumer non-durables industry with
(
) being today's consumer non-durables industry loser.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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