|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||424.30 - 432.73|
|52 Week Range||269.28 - 434.22|
|Beta (5Y Monthly)||1.36|
|PE Ratio (TTM)||67.50|
|Earnings Date||Dec 08, 2021 - Dec 13, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||441.26|
The Zacks Analyst Blog Highlights: Nike, lululemon athletica, Crocs, Deckers Outdoor and Skechers
Investors have high expectations heading into Nike's (NYSE: NKE) earnings report in just a few days. The footwear and apparel giant revealed impressive growth in the previous quarter, and since that time comments by peers like lululemon athletica and Foot Locker have only increased enthusiasm in the industry. Nike announced a head-turning 96% sales spike back in June.
Shares of Lululemon Athletica (NASDAQ: LULU) are trading around all-time highs recently, up an impressive 35% this year. A portion of this gain was fueled by the athletic apparel company's earnings report last week, which featured revenue and non-GAAP (adjusted) earnings per share that blew past analyst estimates. Despite the growth stock's outperformance recently, there's a handful of reasons to believe shares could be significantly higher five years from now.