lululemon athletica (NASDAQ:LULU) Stock Price Expected to Rise, Piper Sandler Analyst Says

lululemon athletica (NASDAQ:LULU) had its price target boosted by stock analysts at Piper Sandler from $165.00 to $190.00 in a report released on Friday,Benzinga reports. The firm presently has a “neutral” rating on the apparel retailer’s stock. Piper Sandler’s price target would suggest a potential downside of 8.54% from the company’s current price.

A number of other analysts have also recently weighed in on the company. Guggenheim assumed coverage on lululemon athletica in a research report on Wednesday. They issued a “neutral” rating for the company. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Evercore ISI boosted their target price on shares of lululemon athletica from $180.00 to $215.00 in a research report on Friday. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group reduced their target price on shares of lululemon athletica from $200.00 to $180.00 and set a “neutral” rating for the company in a report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-one have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $225.55.

lululemon athletica Price Performance

LULU stock traded up $20.74 during mid-day trading on Friday, reaching $207.75. The company had a trading volume of 5,376,122 shares, compared to its average volume of 3,402,010. The firm has a 50 day moving average of $173.89 and a 200 day moving average of $203.50. lululemon athletica has a 12 month low of $159.25 and a 12 month high of $423.32. The company has a market capitalization of $24.63 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 11.72 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.38. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter in the prior year, the firm earned $2.53 earnings per share. lululemon athletica’s revenue was up 7.1% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Analysts anticipate that lululemon athletica will post 14.36 EPS for the current year.

Insider Buying and Selling

In other news, insider Nicole Neuburger sold 615 shares of the business’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 completion of the sale, the insider directly owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of lululemon athletica by 3.9% in the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock valued at $2,452,394,000 after purchasing an additional 521,915 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of lululemon athletica by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock valued at $1,418,389,000 after acquiring an additional 162,295 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of lululemon athletica by 9.0% in the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after acquiring an additional 394,706 shares during the last quarter. Geode Capital Management LLC raised its stake in lululemon athletica by 16.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after purchasing an additional 413,062 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

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.