Shares of lululemon athletica inc. (NASDAQ:LULU – Get Free Report) have earned an average rating of “Hold” from the thirty-seven analysts that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, thirty have assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $227.6830.
A number of analysts have commented on the company. Evercore ISI reaffirmed an “in-line” rating and set a $180.00 price target (down previously from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. BNP Paribas Exane upgraded shares of lululemon athletica from an “underperform” rating to a “neutral” rating and set a $146.00 price objective on the stock in a research note on Monday, October 20th. Piper Sandler cut their price target on lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. William Blair downgraded lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. Finally, TD Securities dropped their price objective on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, September 5th.
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lululemon athletica Stock Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company posted $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, analysts predict that lululemon athletica will post 14.36 EPS for the current fiscal year.
Insider Transactions at lululemon athletica
In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.
Hedge Funds Weigh In On lululemon athletica
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new position in shares of lululemon athletica during the fourth quarter valued at approximately $429,000. IFP Advisors Inc lifted its stake in lululemon athletica by 22.8% in the 1st quarter. IFP Advisors Inc now owns 706 shares of the apparel retailer’s stock worth $200,000 after purchasing an additional 131 shares in the last quarter. Choreo LLC lifted its stake in lululemon athletica by 8.4% in the 1st quarter. Choreo LLC now owns 4,516 shares of the apparel retailer’s stock worth $1,278,000 after purchasing an additional 351 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of lululemon athletica by 33.7% during the 1st quarter. Assetmark Inc. now owns 2,208 shares of the apparel retailer’s stock worth $625,000 after purchasing an additional 557 shares during the last quarter. Finally, Bell & Brown Wealth Advisors LLC grew its position in shares of lululemon athletica by 2.5% in the first quarter. Bell & Brown Wealth Advisors LLC now owns 6,587 shares of the apparel retailer’s stock valued at $1,865,000 after purchasing an additional 158 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.
lululemon athletica Company Profile
Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.
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