lululemon athletica (NASDAQ:LULU) Price Target Raised to $189.00 at Barclays

lululemon athletica (NASDAQ:LULU) had its price target lifted by Barclays from $180.00 to $189.00 in a research note published on Friday, MarketBeat Ratings reports. The firm currently has an equal weight rating on the apparel retailer’s stock.

LULU has been the topic of a number of other reports. Telsey Advisory Group upped their price target on lululemon athletica from $200.00 to $215.00 and gave the stock a “market perform” rating in a research note on Monday, December 8th. Piper Sandler increased their target price on lululemon athletica from $165.00 to $190.00 and gave the stock a “neutral” rating in a research note on Friday. Hsbc Global Res cut shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. The Goldman Sachs Group lifted their price objective on shares of lululemon athletica from $180.00 to $200.00 and gave the company a “neutral” rating in a report on Friday. Finally, BNP Paribas Exane increased their target price on shares of lululemon athletica from $146.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-one have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and a consensus price target of $227.95.

lululemon athletica Trading Up 9.6%

NASDAQ LULU opened at $204.97 on Friday. The stock has a fifty day simple moving average of $174.48 and a 200-day simple moving average of $202.76. The stock has a market cap of $24.31 billion, a PE ratio of 14.20, a P/E/G ratio of 11.68 and a beta of 1.01. lululemon athletica has a twelve month low of $159.25 and a twelve month high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 40.17%. lululemon athletica’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.53 earnings per share. 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. Research analysts predict that lululemon athletica will post 14.36 EPS for the current year.

Insider Activity

In related news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC lifted its position in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after acquiring an additional 68 shares during the period. Murphy & Mullick Capital Management Corp increased its stake in lululemon athletica by 187.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock valued at $27,000 after purchasing an additional 105 shares in the last quarter. Blue Trust Inc. raised its holdings in lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in lululemon athletica during the first quarter worth $29,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in lululemon athletica in the second quarter valued at $30,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

About lululemon athletica

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.