NAS10028,945+0.02%S&P7,552−0.45%GOLD$4,296−0.86%BTC$75,632+0.03%VIX17.71+2.97%live tape · as of 23:00 UTC · 16 Sep
The Screen · Consumer Cyclical · Apparel Retail
Lululemon Athletica
LULU · a US exchange · USD · Market cap $11.0B · 39,000 employees
lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails technical athletic apparel, footwear, and accessories for women and men under the lululemon brand in the United States, Canada,…
Screened 2026-09-09 · the tape above runs as of 23:00 UTC · 16 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Lululemon Athletica holds its Distribution at $99.72. Consolidating, no directional conviction, held for 4 days.
As held on the ledger · 2026-09-09
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 4 days
Price at the screen
$99.72
Valuation
8.21 trailing · 10.95 forward price to earnings
Values screen
PASS· score 86.0
Beta
0.86
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
21.27%
Below 33%
Interest-bearing debt is just 21.3% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
23.62%
Below 49%
Money owed to the company is 23.6% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads OPPORTUNITY: it trades above our $93.50 fair value estimate, moderate competitive moat.
Fair value range in USD, drawn from the 2026-09-09 screen. The gold marker is the market price at the same screen. The price runs 6.2% above the base estimate.
Third-party analyst targets: 27 covering, consensus Hold. The average target sits +5% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-09 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Yoga pants still selling when shoppers tighten belts
Walk past any high street changing room and you still see shoppers reaching for premium technical kit even as household budgets shrink. Lululemon keeps that habit alive with a moderate brand moat that lets it charge more than basic sportswear while holding a 13 percent profit margin and a 32 percent return on equity.
The shares trade at 10.3 times forward earnings with revenue up 4 percent, giving a modest 6 percent margin of safety against our fair value of 123.44 from the current 116.33 price. Twenty six analysts sit on a hold rating with a 122 median target, yet the business clears our ethical screen and continues to deliver cash returns that many apparel names cannot match.
Apparel retail remains cyclical though, and a low multiple on peak earnings can simply mark the start of the next downswing rather than a bargain. Slower growth leaves little room for disappointment if consumer spending turns. Analysis, not advice.
The risks · The things to watch: its business and earnings are exposed to Canada and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
LULU trades on a US exchange (the company is based in Canada). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from accumulation to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 0.6% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 53%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (26 analysts) rates it hold, with a mean price target of $127. Insiders have been net sellers over the past quarter.
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 5.3% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 53%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (25 analysts) rates it hold, with a mean price target of $177. Insiders have been net sellers over the past quarter.
2026-07-18Markdown$114.23+0.0%Entry 3
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 53%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (25 analysts) rates it hold, with a mean price target of $177. Insiders have been net sellers over the past quarter.
2026-07-03Markdown$114.23+0.0%Entry 2
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-02Markdown$114.23Entry 1
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
