lululemon athletica (NASDAQ:LULU – Get Free Report) had its price objective cut by equities research analysts at Piper Sandler from $190.00 to $130.00 in a report released on Friday,Benzinga reports. The firm presently has a “neutral” rating on the apparel retailer’s stock. Piper Sandler’s price objective indicates a potential upside of 2.56% from the stock’s current price.
Other research analysts have also recently issued research reports about the company. Citigroup dropped their price objective on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Bank of America dropped their price objective on lululemon athletica from $220.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. dropped their price objective on lululemon athletica from $196.00 to $173.00 in a research note on Wednesday, May 6th. UBS Group dropped their price objective on lululemon athletica from $189.00 to $176.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, BNP Paribas Exane dropped their price objective on lululemon athletica from $206.00 to $170.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twenty-eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $201.66.
Read Our Latest Stock Analysis on lululemon athletica
lululemon athletica Stock Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 EPS for the quarter, beating analysts’ consensus estimates of $4.78 by $0.23. The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.59 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The company’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $6.14 earnings per share. As a group, analysts predict that lululemon athletica will post 12.3 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction on Friday, March 20th. The stock was bought at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the completion of the acquisition, the director directly owned 6,090 shares in the company, valued at approximately $999,978. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Andre Maestrini bought 3,275 shares of the stock in a transaction on Wednesday, April 1st. The shares were bought at an average price of $151.02 per share, with a total value of $494,590.50. Following the acquisition, the chief executive officer owned 34,551 shares of the company’s stock, valued at $5,217,892.02. This trade represents a 10.47% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.54% of the stock is owned by company insiders.
Institutional Trading of lululemon athletica
Hedge funds and other institutional investors have recently made changes to their positions in the business. Uniplan Investment Counsel Inc. purchased a new stake in shares of lululemon athletica during the 4th quarter valued at $26,000. Integrated Financial Solutions Inc. purchased a new stake in shares of lululemon athletica during the 4th quarter valued at $26,000. GoalVest Advisory LLC purchased a new stake in shares of lululemon athletica during the 4th quarter valued at $27,000. Elyxium Wealth LLC purchased a new stake in shares of lululemon athletica during the 4th quarter valued at $31,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after purchasing an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.
More lululemon athletica News
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: lululemon announced its first stores in Greece, opening in Athens through its franchise partnership with Arion Retail Group, signaling continued international expansion and new growth opportunities. First lululemon Stores in Greece to Open in Athens
- Neutral Sentiment: The company said it will release first-quarter fiscal 2026 results on June 4, which puts earnings back in focus as investors look for signs of demand stabilization and margin trends. lululemon athletica inc. Announces First Quarter Fiscal 2026 Earnings Conference Call
- Neutral Sentiment: Recent market coverage noted that LULU had outpaced the broader market in the latest session, but the move appears modest and does not change the bigger picture of the stock’s sharp pullback from prior highs. Lululemon (LULU) Outpaces Stock Market Gains: What You Should Know
- Negative Sentiment: A stock downgrade weighed on sentiment, adding to concerns that lululemon’s valuation and growth outlook may be less compelling near term. Lululemon shares fall following stock downgrade
- Negative Sentiment: Several recent commentaries highlighted weak sentiment ahead of earnings, downward estimate revisions, and ongoing governance tensions tied to founder Chip Wilson’s proxy fight, all of which may keep pressure on the shares. Lululemon Proxy Fight Puts Governance And Valuation In Investor Focus
lululemon athletica Company Profile
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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