Lululemon Athletica (NASDAQ:LULU – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.530-2.580 for the period, compared to the consensus earnings per share estimate of 2.740. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. Lululemon Athletica also updated its FY 2025 guidance to 14.950-15.150 EPS.
Analysts Set New Price Targets
LULU has been the subject of several recent research reports. Stifel Nicolaus lowered their price target on Lululemon Athletica from $438.00 to $424.00 and set a “buy” rating for the company in a report on Friday. Truist Financial upped their target price on Lululemon Athletica from $420.00 to $460.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. BMO Capital Markets raised their target price on Lululemon Athletica from $265.00 to $302.00 and gave the company a “market perform” rating in a report on Friday, December 6th. Citigroup reduced their price target on Lululemon Athletica from $380.00 to $330.00 and set a “neutral” rating on the stock in a research report on Thursday, March 20th. Finally, Needham & Company LLC lowered their price objective on shares of Lululemon Athletica from $475.00 to $430.00 and set a “buy” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nineteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $390.79.
View Our Latest Report on Lululemon Athletica
Lululemon Athletica Stock Up 1.1 %
Lululemon Athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.85 by $0.29. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The business had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.59 billion. During the same period in the prior year, the firm earned $5.29 EPS. The business’s quarterly revenue was up 12.3% on a year-over-year basis. Research analysts anticipate that Lululemon Athletica will post 14.36 earnings per share for the current year.
Hedge Funds Weigh In On Lululemon Athletica
An institutional investor recently bought a new position in Lululemon Athletica stock. Brighton Jones LLC acquired a new stake in Lululemon Athletica Inc. (NASDAQ:LULU – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,121 shares of the apparel retailer’s stock, valued at approximately $429,000. Institutional investors and hedge funds 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.
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