Yoga pants and leggings maker Lululemon is a bright spot in retail today, with plenty more runway for sales growth, according to one investment bank.
Barclays, in a note to clients this week, is calling out Lululemon’s growing share of the athletic apparel market, its increasing investments in men’s merchandise like boxer shorts, and unique collaborations — like with fitness chain SoulCycle — as driving momentum for the brand and fueling sales.
The firm still has an overweight rating on Lululemon shares, with a price target of $200, which is almost 38 percent upside from Tuesday’s closing price of $144.99.
Lululemon shares have soared more than 80 percent over the past 12 months. And the stock is up nearly 20 percent so far this year, more than double the S&P 500 Retail ETF’s (XRT’s) growth of about 8.5 percent. Nike shares, for comparison, are up 18 percent year to date. Under Armour shares are up about 22 percent. These two companies in particular are expected to become even closer competitors with Lululemon as it does more to target men.
Hot Growth Stocks To Buy For 2019: Carlisle Companies Incorporated(CSL)
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Carlisle Companies (CSL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Press coverage about Carlisle Companies (NYSE:CSL) has trended somewhat positive on Saturday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Carlisle Companies earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the conglomerate an impact score of 45.7996936905604 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
- [By Joseph Griffin]
SG Americas Securities LLC trimmed its position in Carlisle Companies (NYSE:CSL) by 5.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 11,215 shares of the conglomerate’s stock after selling 706 shares during the quarter. SG Americas Securities LLC’s holdings in Carlisle Companies were worth $1,171,000 at the end of the most recent reporting period.
Hot Growth Stocks To Buy For 2019: Chipotle Mexican Grill Inc.(CMG)
- [By Chris Lange]
Chipotle Mexican Grill Inc. (NYSE: CMG) shares saw a handy gain on Wednesday after the burrito chain announced that it would be adding a new executive. Specifically, the firm said that it would be adding Chris Brandt as its chief marketing officer in the coming month, replacing Mark Crumpacker, who left Chipotle last week.
- [By Jon C. Ogg]
The long saga of the Chipotle Mexican Grill Inc. (NYSE: CMG) and its food fiascos finally may have seen its worst. In fact, an almost 20% gain in the shares after the earnings report may be signaling something even larger. Chipotle shares have now rallied a whopping 60% from the post-panic lows, and many analysts on Wall Street are still hanging on to a very cautious or negative stance.
- [By Daniel B. Kline]
Chipotle (NYSE:CMG) has been slowly turning its business around since its 2015 e. Coli scandal. New CEO Brian Niccol, who previously led Taco Bell, has shown that it’s possible to make changes and remain true to the brand’s “food with integrity” mission.
Hot Growth Stocks To Buy For 2019: Inphi Corporation(IPHI)
- [By Ethan Ryder]
Inphi Co. (NYSE:IPHI) VP Ron Torten sold 12,342 shares of Inphi stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $35.00, for a total value of $431,970.00. Following the sale, the vice president now directly owns 64,386 shares of the company’s stock, valued at approximately $2,253,510. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
- [By Joseph Griffin]
Shares of Inphi Co. (NYSE:IPHI) have been assigned a consensus rating of “Hold” from the sixteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $38.35.
- [By Max Byerly]
News coverage about Inphi (NYSE:IPHI) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Inphi earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.0564611984507 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.