Lululemon (LULU) Stock Moves -0.21%: What You Should Know

Lululemon (LULU) closed the most recent trading day at $118.87, moving -0.21% from the previous trading session. This change was narrower than the S&P 500's 2.08% loss on the day. At the same time, the Dow lost 2.11%, and the tech-heavy Nasdaq lost 2.27%.

Coming into today, shares of the athletic apparel maker had lost 14.81% in the past month. In that same time, the Consumer Discretionary sector lost 4.48%, while the S&P 500 lost 3.6%.

Investors will be hoping for strength from LULU as it approaches its next earnings release, which is expected to be March 26, 2019. On that day, LULU is projected to report earnings of $1.69 per share, which would represent year-over-year growth of 27.07%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.13 billion, up 21.3% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.69 per share and revenue of $3.25 billion. These totals would mark changes of +42.47% and +22.56%, respectively, from last year.

Investors should also note any recent changes to analyst estimates for LULU. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 3.02% higher. LULU is currently sporting a Zacks Rank of #2 (Buy).

Looking at its valuation, LULU is holding a Forward P/E ratio of 32.3. This represents a premium compared to its industry's average Forward P/E of 15.28.

Investors should also note that LULU has a PEG ratio of 1.67 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. LULU's industry had an average PEG ratio of 1.44 as of yesterday's close.

The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 56, which puts it in the top 22% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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