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Lulemon (LULU) in Focus: Stock Plunges 15.9% - Tale of the Tape

Highs and Lows Stock Data

Lululemon Athletica Inc. ( LULU ) saw a big move last session, as the company's shares fell by nearly 16% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for LULU, as the stock is now down almost 18% since May 23, 2014.

The apparel-shoe retailer has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (1 increase, 2 decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

LULU currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the same industry include , Citi TrendsInc. ( CTRN ), Foot Locker, Inc. ( FL ) and The Men's Wearhouse, Inc. ( MW ). While Citi Trends carries a Zacks Rank #1 (Strong Buy), Foot Locker and Men's Wearhouse hold a Zacks Rank #2 (Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

LULULEMON ATHLT (LULU): Free Stock Analysis Report

CITI TRENDS INC (CTRN): Free Stock Analysis Report

FOOT LOCKER INC (FL): Free Stock Analysis Report

MENS WEARHOUSE (MW): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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