173.49 +0.18 (0.10%)
After hours: 4:32PM EDT
|Bid||173.31 x 1400|
|Ask||174.40 x 800|
|Day's Range||169.72 - 174.64|
|52 Week Range||94.20 - 174.64|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||48.01|
|Earnings Date||May 29, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||174.54|
A company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance.
Dow Jones stock Nike hit a new all-time high Wednesday. But is the athletic apparel giant a buy right now?
With Lululemon Athletica Inc.'s investor day scheduled for April 24, Instinet analysts question the company's remaining capacity for growth. "Lululemon's clearly one of the strongest retail growth stories," wrote analysts led by Simeon Siegel. "However, it seems either sales or margins are approaching a peak." Analysts think Lululemon is "more a high-margin retailer than athletic brand," forecasting that the brand will guide for sales of $6.5 billion as part of its five-year plan. "[W]e worry Lululemon is now at the point where sales growth will likely come at the expense of margins," analysts said. Instinet rates Lululemon shares neutral with a $157. Lululemon stock has rallied more than 39% for 2019 so far, outpacing the S&P 500 index , which is up nearly 16% for the period.
lululemon athletica inc. today announced that it will host an analyst day on Wednesday, April 24, 2019 in New York City. The event will feature presentations from Chief Executive Officer, Calvin McDonald and other members of lululemon’s senior leadership team.
Guess? (GES) grapples with consistent rise in logistics costs across China and Europe. Also, rising SG&A expenses and unfavorable currency rates are headwinds.
Last year's peak of 2,940.91 in the S&P 500 continues to act as a magnet. And with Friday's breakout, a retest is now just around the corner. To profit from the market's continued ascent, today we're looking at three of the top stocks to buy right now.Earnings season has begun, and if the positive behavior out of banks like JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC) is a sign of things to come, buyers should continue to dominate. With this bullish backdrop, my weekend scanning revealed ample opportunities amid uptrending stocks. Some boast high-quality breakout patterns while others offer buy-the-dip setups. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot The recurring theme among today's trio is the low risk and high potential reward available. With proper execution, these could deliver the dough.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBehold, three top stocks to buy. 3 Top Stocks to Buy for the Week: Lululemon (LULU)Source: ThinkorSwim Lululemon (NASDAQ:LULU) launched to a new all-time high after last month's earnings release. With the retailer's recent growth, today's traders have proven willing to pay a higher price than any of their predecessors. That's bullish and reveals just how much LULU stock has going for it right now.The 20-day, 50-day and 200-day moving averages are all rising in support of the 2019 uptrend. The past three weeks have seen LULU in base-building mode to digest the large gains had after the earnings release. With the 20-day moving average now just about caught up, the time is at hand for LULU stock's next breakout.Watch for a break $173 resistance, then pull the trigger on bull trades. I like buying the June $170/$180 bull call spread for $4.45. Fiserv (FISV)Source: ThinkorSwim The long-term trend in Fiserv (NASDAQ:FISV) has been glorious to behold. This year's behavior isn't half-bad either. FISV stock sits a stone's throw from record highs, complete with rising 20-day, 50-day and 200-day moving averages.Last month's breakout and run to unseen heights resulted in profit-taking which has since seen a retracement to the 50-day moving average. Friday's reversal candle suggested buyers are emerging to defend their turf. A break above Friday's high could signal the next upswing has begun. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Fiserv is slated to report earnings on April 30, so consider bailing before then if you don't want to brave the uncertainty. Darden Restaurants (DRI)Source: ThinkorSwim March's earnings report lit a fire under Darden Restaurants (NYSE:DRI), delivering a breakout which ultimately resulted in a visit to its record highs. Since then, we've seen a garden-variety pullback occur. The profit-taking has been benign thus far with zero signs of scary distribution arising to signal institutions are abandoning ship.We are closing in on the old resistance zone at $113, which should give traders a second chance to scoop up shares at the scene of last month's roaring breakout. If DRI stock toes the technical analysis line, old resistance should become new support.This morning's weakness shows sellers still hold the upper hand. Wait for DRI to turn higher, but when it does, consider deploying bullish plays. The July $115/$125 bull call spread is a worthy candidate.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 3 Top Stocks to Buy for the Week appeared first on InvestorPlace.
The Zacks Analyst Blog Highlights: Heidrick & Struggles, Columbia Sportswear, Hilton Worldwide, Lululemon and Royal Caribbean
How to trade growth stocks successfully? The prudent investor will make an effort to buy a high-quality stock breaking out on a follow-through day.
The number of people who applied for unemployment benefits fell below 200,000 for the first time since 1969. Let us, thus, look at companies that are poised to gain from a healthy labor market.
Lululemon, StoneCo and DocuSign are top stocks to watch as the stock market nears highs. Portfolio management is key, from position size to stock selection.
We've seen a bunch of companies in the past decade have two or three legs to their growth story; for example, think of Netflix (NFLX), which started with DVDs by mail, then streaming and then original content, observes Mike Cintolo, editor of Cabot Top Ten Trader.
The freshly minted shares of Levi Strauss (NYSE:LEVI) popped in early April after the blue jeans maker impressed investors with strong revenue growth and healthy margin trends in its first earnings report since coming back to Wall Street. Still, the rally failed to make up for a the sell-off seen coming into the report, leaving LEVI stock below where it was just a few weeks ago, closing Wednesday at $22.75 a share.This makes sense to me. The Levi Strauss IPO was over-hyped. Why? Quite simply, this is a blue jeans company that isn't growing very quickly, isn't supported by secular trends, doesn't have big margin drivers, and is challenged by the still red-hot athleisure wave. All that adds up to a lower-$20's price tag for LEVI stock in 2019. Anyone thinking of price levels closer to and above $25 in 2019 is getting ahead of themselves.Levi's first quarter numbers confirm this low-growth reality. While LEVI stock rallied some in response to the debut period numbers, it didn't rally much, ultimately because an already-extended valuation is putting a lid on further upside.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis will remain true for the foreseeable future. As such, I think LEVI stock is best avoided until it drops closer to $20. Around $25, the stock is arguably overvalued. Numbers Confirm Low-Growth RealityLevi's first-quarter numbers weren't bad. They were actually pretty good. Reported revenue growth came in at 7%, while constant-currency revenue growth across every geography was 10% and more. The full-year guide calls for a slowdown, but not much, and implies mid-single-digit revenue growth for the rest of the year. Meanwhile, gross margins dipped 30 basis points, but the hit was all from FX noise, while core gross margins were strong thanks to more direct-to-consumer (DTC) sales. The opex rate dropped. Profits rose nicely. * 10 Dow Jones Stocks Holding the Blue Chip Index Back Overall, the quarter was pretty good. But, if you zoom out, the quarter isn't anything to get too excited about, and more than anything else, it just confirms Levi's low growth reality.Over the past three years, Levi Strauss has been a roughly 7% annualized revenue grower with flattish profit margins, led by healthy gross margin expansion and a rise in marketing expenses. The same is largely expected for 2019, with the guide calling for mid-single-digit revenue growth and flattish-to-slightly higher profit margins, due to gross margin expansion and higher marketing expenses offsetting one another.So, Levi Strauss isn't in the middle of a breakout. It's just growing as usual, and usual here is sluggish revenue growth, flattish margins, and ultimately muted profit growth.That isn't anything to write home about. Instead, it's actually something to worry about, especially since other apparel companies -- namely, athleisure giants like Nike (NYSE:NKE) and Lululemon (NASDAQ:LULU) -- are growing much more quickly.The big takeaway? The blue jeans trend is still on the way out, and the athleisure trend is still on the way in. So long as this is what fashion decrees, Levi's growth will remain sluggish, and that will ultimately keep a lid on LEVI stock. LEVI Stock Doesn't Have Much Upside PotentialAt the current moment, LEVI stock seems fully valued, considering its long-term growth prospects.The global apparel market is growing at a 5% compounded annual growth rate. Given the popularity of athleisure styles, I'd be surprised if Levi Strauss matched that growth rate and maintained market share over the next several years. Nonetheless, let's assume a realistic best-case scenario and the company does just that, and revenue growth pans out at around 5% per year into 2025.During that stretch, gross margins should continue to expand, given brand equity and pricing power, as well as a continued shift to a DTC model. But, that shift also requires investment, which will mean more opex dollars. Opex dollars will also go up because the company will need to market more in the face of stiff athleisure competition. So, the next several years will likely be defined by healthy gross margin expansion but muted opex leverage. * 7 High-Risk Stocks With Big Potential Rewards Putting all that together, I think Levi Strauss can do $2 in earnings per share by fiscal 2025. Based on a retail average 18x forward multiple, that implies a fiscal 2024 price target for LEVI stock of $36. Discounted back by 10% per year, that equates to a fiscal 2019 price target of roughly $22. Bottom Line on LEVI StockIn the lower-$20's, LEVI stock is stuck in no man's land in terms of valuation relative to long-term growth fundamentals. That's why I'm not terribly interested in the stock here and now.Still, I think it's fairly likely that slowing economic expansion and bruising athleisure competition headwinds rear their ugly heads sometime later this year, and cause the jeans maker to report an earnings dud. That could drag Levi Strauss stock down to $20. If that happens, that would be an opportunity to buy.Until then, I think it's best to wait on the sidelines.As of this writing, Luke Lango was long NKE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Best Dividend Stocks to Buy for Every Investor * 7 Catalysts That Will Send Marijuana Stocks Soaring in 2019 * 8 Risky Stocks to Watch as Earnings Season Kicks Off Compare Brokers The post Red-Hot Athleisure Puts Lid On Jeans-Maker Levi Strauss Stock Upside appeared first on InvestorPlace.
Under Armour Stock Rises as Citigroup Upgrades Its RatingRating upgrade Under Armour (UAA) stock had risen 2.0% as of 1:26 PM EDT on April 10 after Citigroup upgraded its rating to a “buy” from a “neutral,” citing the company’s renewed