lululemon athletica (NASDAQ:LULU) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

lululemon athletica (NASDAQ:LULU) had its price objective increased by investment analysts at Jefferies Financial Group from $170.00 to $200.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the apparel retailer’s stock. Jefferies Financial Group’s price objective suggests a potential downside of 8.00% from the company’s previous close.

LULU has been the subject of a number of other research reports. Barclays upped their price target on lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. BNP Paribas raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. KeyCorp cut shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. Bank of America increased their price objective on shares of lululemon athletica from $185.00 to $220.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, TD Securities lowered their target price on lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, lululemon athletica currently has a consensus rating of “Hold” and an average price target of $228.19.

lululemon athletica Price Performance

Shares of lululemon athletica stock traded up $9.51 on Thursday, hitting $217.38. The company had a trading volume of 8,702,545 shares, compared to its average volume of 3,517,732. The firm has a market capitalization of $25.78 billion, a P/E ratio of 15.09, a P/E/G ratio of 12.76 and a beta of 1.01. lululemon athletica has a twelve month low of $159.25 and a twelve month high of $423.32. The stock has a 50-day moving average of $176.46 and a 200-day moving average of $199.66.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.37. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $2.53 EPS. 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. Equities analysts predict that lululemon athletica will post 14.36 EPS for the current year.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the transaction, the insider directly owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Hedge funds and other institutional investors have recently modified their holdings of the stock. GM Advisory Group LLC lifted its position in lululemon athletica by 2.0% during the first quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock worth $564,000 after acquiring an additional 40 shares during the last quarter. Hancock Whitney Corp lifted its holdings in lululemon athletica by 4.6% during the 1st quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock worth $269,000 after purchasing an additional 42 shares during the last quarter. Optimize Financial Inc boosted its stake in lululemon athletica by 2.3% in the 1st quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock valued at $578,000 after purchasing an additional 45 shares during the period. Novem Group grew its holdings in lululemon athletica by 1.4% in the 2nd quarter. Novem Group now owns 3,201 shares of the apparel retailer’s stock valued at $760,000 after buying an additional 45 shares in the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its position in lululemon athletica by 9.1% during the 2nd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 600 shares of the apparel retailer’s stock worth $143,000 after buying an additional 50 shares during the period. 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.