Lululemon Athletica (NASDAQ:LULU) Releases Q1 Earnings Guidance

Lululemon Athletica (NASDAQ:LULU) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $2.53-$2.58 for the period, compared to the consensus EPS estimate of $2.72. The company issued revenue guidance of $2.335-$2.355 billion, compared to the consensus revenue estimate of $2.39 billion. Lululemon Athletica also updated its FY 2025 guidance to 14.950-15.150 EPS.

Wall Street Analyst Weigh In

LULU has been the topic of several analyst reports. Raymond James restated a “market perform” rating and set a $430.00 price target on shares of Lululemon Athletica in a research note on Friday. Barclays dropped their price objective on shares of Lululemon Athletica from $411.00 to $309.00 and set an “equal weight” rating for the company in a research note on Friday. TD Cowen upped their price objective on shares of Lululemon Athletica from $382.00 to $383.00 in a research note on Thursday, December 5th. JPMorgan Chase & Co. dropped their price objective on shares of Lululemon Athletica from $437.00 to $391.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Evercore ISI lifted their price objective on Lululemon Athletica from $440.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nineteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Lululemon Athletica presently has a consensus rating of “Moderate Buy” and a consensus price target of $380.72.

Lululemon Athletica Price Performance

Shares of Lululemon Athletica stock opened at $293.06 on Friday. The business has a fifty day simple moving average of $364.63 and a two-hundred day simple moving average of $338.98. Lululemon Athletica has a 1 year low of $226.01 and a 1 year high of $423.32. The company has a market capitalization of $35.69 billion, a price-to-earnings ratio of 21.16, a P/E/G ratio of 2.22 and a beta of 1.21.

Lululemon Athletica (NASDAQ:LULU) last announced its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, topping the consensus estimate of $5.85 by $0.29. The business had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.59 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. Lululemon Athletica’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.29 EPS. As a group, equities analysts anticipate that Lululemon Athletica will post 14.36 earnings per share for the current fiscal year.

Institutional Trading of Lululemon Athletica

A hedge fund recently bought a new stake in Lululemon Athletica stock. Brighton Jones LLC bought a new stake in Lululemon Athletica Inc. (NASDAQ:LULU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,121 shares of the apparel retailer’s stock, valued at approximately $429,000. 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.