Challenges And Opportunities For Prudential Financial Inc. (PRU), Lululemon Athletica Inc. (LULU)

You should consider shares of Prudential Financial Inc. (NYSE:PRU) and Lululemon Athletica Inc. (NASDAQ:LULU) if you are looking for a great stocks to invest in. Starting with the PRU shares, which traded at $93.62 at the close of the recent session, dropping -0.32%. On Friday, the company’s shares shed -$0.3 from its value which represented in intraday trading. The stock is now -0.70% lower in year-to-date (YTD) trading. PRU’s intraday high was $94.30 while its lowest price touched $93.49. The stock’s 52-week high price is $106.39, which means the current price is at -12.01%. In terms of trading activity, the daily trading volume fell to 793559 against 200-day average trading volume of 2,086,763 shares.

What are analyst forecasts for Prudential Financial Inc. (NYSE:PRU)?

At a consensus rating of 3.46, PRU is trending as a streaking Moderate Buy, as it has been the case a month ago when 11 analysts called it a Moderate Buy. Two months ago, 12 analysts recommended, on average, that PRU stock is a Moderate Buy. The Financial company’s shares’ overall bearish trend saw it close lower on Friday compared to its opening price of $94.04 on the day.

Forecasts for Prudential Financial Inc. (NYSE:PRU) give the stock a fair value for the growth of 4.47% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $98.00, which means the price per share could rise by nearly $4.38. The price range target is between a low of $86.00 and a high of $110.00. The stock would need to gain by about $14.89 to hit the estimated high or 0.81% from its 12-month low.

The consensus among 20 analysts is that it is a good time for one to Overweight in the Prudential Financial Inc. 8 analysts rate PRU as a Buy, with 1 of 20 analysts rate it as a Sell. 1 have valued the stock as Overweight and 10 have recommended that investors Hold.

Prudential Financial Inc. (NYSE:PRU) Upgrades and Downgrades

In terms of rating changes, Citigroup on November 25, 2019, Downgrade Prudential Financial Inc. (PRU) at Sell. They believe the stock could reach $86 in the near term. Analysts at Keefe Bruyette have assigned a Mkt Perform rating for the stock in their research note on November 06, 2019. Moreover, Wells Fargo analysts issued a rating of Market Perform for the stock on November 05, 2019, giving it a price target of $92 for the next 12 months. On August 08, 2019, the stock earned a Neutral rating due to an analyst call from Atlantic Equities, while analysts from Citigroup on August 05, 2019 suggested that the stock is Neutral.

Lululemon Athletica Inc. (NASDAQ:LULU) adds -$3.14 on Friday

The LULU stock has risen 85.59% year-to-date and is currently trading at $225.69, which is -1.72% below its 52-week high. The company shares lost -1.37% on the day and have risen nearly 103.86% off a low hit. At current levels, Lululemon Athletica Inc. has a valuation of about $3.58B. As of 11/29/19, this stock has risen 4.13% during the week and closed at $228.83 in the previous session. However, recent Lululemon Athletica Inc. stock performance shows that LULU shares are 9.64% up over the last month, and 22.21% up for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.7, with the trailing 12-month share earnings at $4.11. The ratio is expected to be up by 23.40% for the current year 2019 and 18.40% for next year. Over the next 5-year period, earnings per share will be 19.73%. But will the LULU stock surprise in the current quarter results, where the $0.96 actual EPS reported on 7/30/2019 surprised by 7.90% or was higher by $0.07 from the estimated $0.89.

Sales Growth to climb 14.80% for the year

How well will Lululemon Athletica Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $886.3M and $934M in current quarter sales. The consensus estimated for the current quarter is $897.31M from sales. Forecasts for this fiscal year are between $3.84B and $3.95B and the consensus estimate for sales is at $3.89B. LULU has its next quarter sales estimates at between $1.28B and $1.39B, with the quarter-over-quarter growth estimates at 13.20% and the annual growth forecast for the year at 14.80%.

Who owns shares in Lululemon Athletica Inc. (LULU)?

Let’s briefly focus on the share ownership of the Lululemon Athletica Inc. (NASDAQ:LULU) stock, where we find that 83.98% of shares are held by institutions. FMR, LLC tops the list of institutional owners as it is holding 18.47 million shares or 15.00% of shares outstanding. Vanguard Group, Inc. (The) and Jennison Associates LLC held 10.45 million and 9.24 million representing 8.49% and 7.50% respectively at the close of the last trading session. As of Sep 29, 2019, Blackrock Inc. accounted for 7.18 million shares at over 1.38 billion. This represented 5.83% of shares outstanding. JP Morgan Chase & Company held 3.2 million shares at over 616.34 million representing 2.60% of shares outstanding.

LULU Insider Activity

Insider activity can also give a signal in terms of price direction. Looking at Lululemon Athletica Inc. (LULU), a total of 425032 shares have been sold by insiders over the last 6 months while 441567 shares were added in the same time span. On 1/30/2019, by the name Wilson Dennis J sold 1.38 million shares worth $200.0 million at the price of $145.00 per share. Filings also show that Wilson Dennis J sold a total of 769194.0 shares on 1/10/2019 valued at $101.1 million. Since the last insider activity, the company’s share price has climbed 71.48%.