股價是否被高估,Lululemon仍需證明龍頭地位
Lululemon(LULU.US)將於美東時間9月8日(週三)盤後公佈其2021年的第二季度財報。市場普遍預期營收爲13.3億美元,上年同期爲9.03億美元,同比增長47.29%;預期每股收益1.18美元,上年同期爲0.74美元,同比增長59.46%。
Lululemon在過去一年裏下跌約2.5%,而標普500指數上漲27%。據悉,該股股價自創下415美元的高點以來,已下跌約7%,其中包括過去一個月裏就跌了4%。儘管Lululemon最近股價有所下滑,但自疫情最嚴重那會以來,該股憑藉着其在零售市場的主導地位,該公司業務已經恢復了近200%。
有人擔心,這家瑜伽服裝巨頭的股價已經走得太遠,儘管Lululemon繼續主導零售業,將自己定位爲世俗健康和健康趨勢的領導者,但關於該股估值的爭論已經出現。目前,Lululemon股價的預期市盈率爲56倍,遠遠高於零售板塊14倍的預期市盈率。雖然該公司通過持續推動利潤率擴張和實現經營槓桿來推動更快的利潤增長,證明瞭該股沒有被高估,但Lululemon在週三的業績指引需要證明其在零售業的主導地位不會被動搖。
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