lululemon athletica inc. (NASDAQ:LULU) Receives Consensus Recommendation of “Hold” from Brokerages

lululemon athletica inc. (NASDAQ:LULU) has been given an average rating of “Hold” by the thirty-five analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, thirty have assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $225.7755.

Several analysts have issued reports on the stock. Daiwa Securities Group boosted their target price on shares of lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, December 16th. Weiss Ratings upgraded lululemon athletica from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. increased their price objective on lululemon athletica from $203.00 to $209.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Bank of America decreased their price objective on lululemon athletica from $220.00 to $200.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Finally, Piper Sandler upped their target price on lululemon athletica from $165.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, December 12th.

Insider Buying and Selling at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the sale, the insider directly owned 5,318 shares in the company, valued at $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

Institutional Trading of lululemon athletica

A number of institutional investors have recently added to or reduced their stakes in LULU. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of lululemon athletica in the 4th quarter valued at $58,000. Reflection Asset Management acquired a new position in lululemon athletica during the fourth quarter worth $46,000. Anchor Investment Management LLC raised its holdings in lululemon athletica by 55.9% during the fourth quarter. Anchor Investment Management LLC now owns 10,323 shares of the apparel retailer’s stock valued at $2,145,000 after buying an additional 3,701 shares in the last quarter. MidFirst Bank acquired a new stake in shares of lululemon athletica in the fourth quarter worth about $402,000. Finally, SG Trading Solutions LLC bought a new stake in shares of lululemon athletica during the 4th quarter worth about $237,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Trading Down 2.9%

LULU stock traded down $4.93 during mid-day trading on Monday, reaching $165.20. 676,291 shares of the stock traded hands, compared to its average volume of 2,493,507. lululemon athletica has a 52-week low of $159.25 and a 52-week high of $348.50. The stock’s fifty day moving average is $188.88 and its 200-day moving average is $183.65. The company has a market cap of $19.38 billion, a P/E ratio of 11.45, a P/E/G ratio of 10.71 and a beta of 1.00.

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 analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the previous year, the business earned $2.53 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. 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 research analysts expect that lululemon athletica will post 14.36 earnings per share for the current year.

About lululemon athletica

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.