Are Wall Street Analysts Predicting lululemon athletica Stock Will Climb or Sink?

With a market cap of $39.1 billion, lululemon athletica inc. (LULU) is a global technical athletic apparel, footwear, and accessories company. Based in Vancouver, Canada, the company operates its business through different channels in each market, including company-operated stores, e-commerce, temporary locations, wholesale, outlets, a re-commerce program, and license and supply arrangements.

Shares of LULU have underperformed the broader market over the past 52 weeks. LULU has dropped 3.4% over this period, while the broader S&P 500 Index ($SPX) has gained 12.5%. Moreover, shares of LULU are down 15.4% on a YTD basis, compared to SPX’s 1.4% return.