Lululemon Athletica (LULU) in Focus: Stock Up 9.1%
Lululemon Athletica (LULU) was a big mover last session, as the company saw its shares rise over 9% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $43.18 to $48.67 in the past one-month time frame.
In the last 30 days, this company witnessed two downward estimate revisions, though the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
Lululemon Athletica currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the apparel industry include G-III Apparel Group, Ltd. (GIII) carrying a Zacks Rank #1 (Strong Buy), and Michael Kors Holdings Limited (KORS) and Hanesbrands Inc. (HBI) sporting a Zacks Rank #2 (Buy).
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LULULEMON ATHLETICA INC (LULU): Free Stock Analysis Report
G III APPAREL GROUP INC (GIII): Free Stock Analysis Report
MICHAEL KORS HOLDINGS LTD (KORS): Free Stock Analysis Report
HANESBRANDS INC (HBI): Free Stock Analysis Report
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