|Last Update: 05/23/13 - 4:00 PM EDT|
|YTD Performance: 18.15%|
|Previous Close: $38.79|
|52 Week Range: $28.94 - $46.38|
|Oustanding Shares: 28,162,908|
|Market Cap: 1,094,692,234|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||13||13||15||13|
|Growth Rate (Year over Year)||0.00%||11.22%||6.79%||20.98%|
Buy a stock with a huge multiple -- as Lululemon carries now -- is always a risky proposition.
Shares of BJRI now seen reaching $38, Oppenheimer said. Estimates also lowered as model remains challenged. Outperform rating.
BJRI was downgraded to Market Perform, William Blair said. Company is seeing traffic trends decline for the first time in three years.
With so many names reporting this week, it's easy to miss good opportunities for outsized plays. Here's what I'm lloking at today.
When hunting for plays, always look at the larger trend -- and use this particular strategy right now.
BJRI was initiated with an Overweight rating, Morgan Stanley said. $59 price target. Company can deliver above-average growth over the next several quarters.
BJRI was upgraded from Neutral to Outperform, Wedbush said. Same-store sales growth is reaccelerating. $57 price target.
Having exposure to overvalued stocks makes sense in this market given the continued volatility.
With three quarters down and one to go, it's a good time to review how some of my trading expectations have played out so far.