lululemon athletica (NASDAQ:LULU) Trading 4.3% Higher – What’s Next?

lululemon athletica inc. (NASDAQ:LULUGet Free Report)’s share price traded up 4.3% during trading on Tuesday . The company traded as high as $120.46 and last traded at $120.7070. 566,832 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 3,042,394 shares. The stock had previously closed at $115.74.

Analyst Ratings Changes

LULU has been the subject of a number of analyst reports. Evercore dropped their price objective on lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. BTIG Research downgraded shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday, June 5th. Barclays dropped their price target on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. Robert W. Baird cut their price target on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Finally, Truist Financial cut shares of lululemon athletica from a “hold” rating to a “sell” rating and decreased their price objective for the company from $115.00 to $94.00 in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $148.54.

Check Out Our Latest Research Report on LULU

lululemon athletica Stock Up 4.6%

The company has a market cap of $14.36 billion, a P/E ratio of 9.76, a P/E/G ratio of 3.92 and a beta of 0.86. The business has a fifty day moving average of $117.53 and a 200 day moving average of $141.74.

lululemon athletica (NASDAQ:LULUGet Free Report) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.60 earnings per share. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. On average, sell-side analysts anticipate that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In related news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in lululemon athletica during the 2nd quarter valued at approximately $1,010,565,000. Geode Capital Management LLC raised its position in shares of lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after acquiring an additional 71,464 shares in the last quarter. Invesco Ltd. lifted its stake in shares of 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 during the period. Morgan Stanley lifted its stake in shares of lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after purchasing an additional 59,282 shares during the period. Finally, Flossbach Von Storch SE bought a new stake in shares of lululemon athletica during the second quarter valued at approximately $207,392,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Company Profile

(Get Free Report)

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.

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