|Bid||138.71 x 800|
|Ask||138.87 x 800|
|Day's Range||137.72 - 143.54|
|52 Week Range||59.93 - 164.79|
|Beta (3Y Monthly)||-0.31|
|PE Ratio (TTM)||53.74|
|Earnings Date||Dec 4, 2018 - Dec 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||163.83|
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Monday.
Lululemon founder and former CEO Chip Wilson spoke about his vision for the company while appearing on “The Final Round."
Lululemon Athletica (NASDAQ:LULU) has been around for 20 years now and continues to find a path for growth. LULU is the very definition of the word “athleisure” which has become a common term for the form-fitting yoga clothes that have become de rigeur for a growing swath of millennial women and soccer moms. Recently, Lululemon founder and former chairman Chip Wilson was on CNBC discussing the company’s pioneering move into this new space and how he did not accept that the brand he build represents athleisure. He thinks it gives the impression that the brand was about leisure clothes that looked athletic, rather than athletic clothes that had style. While that may be his preference, it’s likely athleisure will continue, and ultimately, given the kind of success the brand continues to have, the terminology won’t matter much to investors.
Skechers (SKX) is covered by 13 Wall Street analysts who have positive and neutral views on the company. The company is rated 2.4 on a scale of 1 (strong buy) to 5 (sell). Its ratings have deteriorated over the past six months, as an increasing number of analysts have turned bearish on the stock. The company was rated 1.5 in April and 1.7 in July.
NEW YORK, Oct. 19, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Skechers (NYSE:SKX) is the forgotten little brother in the athletic apparel game. The chunky/ugly/dad sneaker trend is in, and Skechers is at the forefront of this rising trend. Strong numbers and a strong guide will easily propel SKX stock higher, given that the stock is trading near 52-week lows and at just 15X forward earnings.
It has been awhile since I’ve written about Nike (NYSE:NKE) and Nike stock. The last time I wrote about the company was in May, not too long after Nike’s work culture came under attack. At the time, I took a very negative view of Nike’s marginalization of women at the company and suggested the misconduct would hurt Nike stock for a long time to come.
Can Skechers Hit Its Stride in Q3 2018? ETF investors seeking to add exposure to SKX can consider the Invesco S&P Mid-Cap 400 Pure Growth ETF (RFG), which invests ~1.3% of its portfolio in the company.
Dividend growth stocks have taken it on the chin in October. Only consumer discretionary and materials stocks have done worse over the same period. Fast Graphs founder Chuck Carnevale recently contributed an article to Seeking Alpha discussing 12 dividend growth stocks that he thought were undervalued based on his earnings yield minimum of 6.5% or more.
Tech stocks recovered early losses near midday Monday, undeterred by a weak reading on September retail sales before the open.
The arrival of Tanger is a major step forward for a $1.7 billion development most recently in the news in May, when Ikea scrapped a nationwide expansion that included a store at this project.
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains discusses what's behind the NFL's improving TV ratings and dives into the Silicon Valley footwear startup taking on Nike (NKE) and Lululemon (LULU).
Lululemon shares fell along with the market as a whole, Redding in the Monday upgrade note. Redding said she's comfortable with a forecast for above-consensus third quarter numbers on strong data that's indicative of upside in gross margin, revenue, total company same-store sales and direct-to-consumer comps.