lululemon athletica’s (LULU) “Hold” Rating Reaffirmed at Stifel Nicolaus

Stifel Nicolaus reissued their hold rating on shares of lululemon athletica (NASDAQ:LULUFree Report) in a research note released on Friday morning, Marketbeat.com reports. The firm currently has a $205.00 target price on the apparel retailer’s stock, down from their prior target price of $324.00.

Several other research analysts have also commented on the company. KeyCorp cut their price objective on lululemon athletica from $400.00 to $350.00 and set an “overweight” rating for the company in a report on Friday, June 6th. William Blair lowered lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday. Telsey Advisory Group reissued a “market perform” rating and set a $200.00 price objective (down previously from $360.00) on shares of lululemon athletica in a report on Friday. TD Securities cut their price objective on lululemon athletica from $321.00 to $298.00 and set a “buy” rating for the company in a report on Monday, August 18th. Finally, UBS Group cut their price objective on lululemon athletica from $290.00 to $240.00 and set a “neutral” rating for the company in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twenty have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $245.79.

Read Our Latest Research Report on lululemon athletica

lululemon athletica Stock Down 18.6%

Shares of LULU opened at $167.80 on Friday. The business’s 50-day moving average price is $212.64 and its 200-day moving average price is $266.09. lululemon athletica has a twelve month low of $163.98 and a twelve month high of $423.32. The stock has a market cap of $20.11 billion, a PE ratio of 11.41, a P/E/G ratio of 1.77 and a beta of 1.12.

lululemon athletica (NASDAQ:LULUGet Free Report) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.52% and a net margin of 16.38%.The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the previous year, the firm earned $3.15 earnings per share. lululemon athletica’s revenue was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Analysts expect that lululemon athletica will post 14.36 earnings per share for the current fiscal year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the company’s stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the sale, the chief executive officer owned 110,564 shares of the company’s stock, valued at $26,058,829.16. This represents a 19.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Institutional Trading of lululemon athletica

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. boosted its stake in shares of lululemon athletica by 28.8% during the second quarter. Osaic Holdings Inc. now owns 39,299 shares of the apparel retailer’s stock valued at $9,678,000 after purchasing an additional 8,797 shares during the period. American Trust boosted its stake in shares of lululemon athletica by 16.2% during the second quarter. American Trust now owns 3,474 shares of the apparel retailer’s stock valued at $825,000 after purchasing an additional 484 shares during the period. Centaurus Financial Inc. boosted its stake in shares of lululemon athletica by 10.1% during the second quarter. Centaurus Financial Inc. now owns 1,405 shares of the apparel retailer’s stock valued at $334,000 after purchasing an additional 129 shares during the period. China Universal Asset Management Co. Ltd. boosted its stake in shares of lululemon athletica by 21.1% during the second quarter. China Universal Asset Management Co. Ltd. now owns 3,478 shares of the apparel retailer’s stock valued at $826,000 after purchasing an additional 606 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of lululemon athletica by 12.8% during the second quarter. Orion Porfolio Solutions LLC now owns 11,107 shares of the apparel retailer’s stock valued at $2,639,000 after purchasing an additional 1,264 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

About lululemon athletica

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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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Analyst Recommendations for lululemon athletica (NASDAQ:LULU)

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