lululemon athletica (NASDAQ:LULU – Get Free Report) had its price objective lowered by research analysts at UBS Group from $206.00 to $189.00 in a research note issued to investors on Monday,MarketScreener reports. UBS Group’s price objective would indicate a potential upside of 11.09% from the stock’s previous close.
LULU has been the topic of several other reports. Deutsche Bank Aktiengesellschaft began coverage on shares of lululemon athletica in a research report on Thursday, January 8th. They issued a “hold” rating on the stock. Raymond James Financial reiterated a “strong-buy” rating on shares of lululemon athletica in a research report on Thursday, January 22nd. The Goldman Sachs Group lifted their price objective on lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Barclays increased their target price on lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a report on Friday, December 12th. Finally, Evercore upped their price objective on lululemon athletica from $180.00 to $215.00 in a research report on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $225.78.
Get Our Latest Analysis on LULU
lululemon athletica Trading Down 1.8%
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.37. The firm had revenue of $2.57 billion during 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%.lululemon athletica’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period 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. Sell-side analysts forecast that lululemon athletica will post 14.36 earnings per share for the current fiscal year.
Insider Activity at lululemon athletica
In related news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the transaction, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by corporate insiders.
Institutional Trading of lululemon athletica
A number of hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new position in shares of lululemon athletica during the 4th quarter valued at about $429,000. NewEdge Advisors LLC boosted its position in shares of lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after acquiring an additional 186 shares during the last quarter. Modera Wealth Management LLC grew its holdings in lululemon athletica by 8.7% in the second quarter. Modera Wealth Management LLC now owns 1,267 shares of the apparel retailer’s stock valued at $301,000 after purchasing an additional 101 shares during the period. Prospera Financial Services Inc increased its position in lululemon athletica by 1,148.9% during the second quarter. Prospera Financial Services Inc now owns 11,090 shares of the apparel retailer’s stock worth $2,635,000 after purchasing an additional 10,202 shares during the last quarter. Finally, Aviva PLC increased its position in lululemon athletica by 6.4% during the second quarter. Aviva PLC now owns 83,489 shares of the apparel retailer’s stock worth $19,835,000 after purchasing an additional 5,052 shares during the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.
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.
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