Telsey Advisory Group Reiterates Outperform Rating for lululemon athletica (NASDAQ:LULU)

lululemon athletica (NASDAQ:LULU)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Telsey Advisory Group in a note issued to investors on Friday,Benzinga reports. They presently have a $360.00 target price on the apparel retailer’s stock. Telsey Advisory Group’s price target indicates a potential upside of 78.04% from the company’s current price.

A number of other equities analysts also recently weighed in on LULU. BTIG Research lowered their target price on shares of lululemon athletica from $405.00 to $375.00 and set a “buy” rating for the company in a research note on Wednesday. Truist Financial lowered their target price on shares of lululemon athletica from $297.00 to $290.00 and set a “buy” rating for the company in a research note on Friday, June 6th. CICC Research reissued a “market perform” rating and set a $280.49 target price on shares of lululemon athletica in a research note on Monday, June 9th. Needham & Company LLC lowered their target price on shares of lululemon athletica from $317.00 to $238.00 and set a “buy” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. downgraded shares of lululemon athletica from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $303.00 to $224.00 in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $305.75.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $202.20 on Friday. The firm has a market cap of $24.23 billion, a PE ratio of 13.70, a price-to-earnings-growth ratio of 1.74 and a beta of 1.16. The firm’s fifty day moving average is $216.27 and its 200-day moving average is $271.56. lululemon athletica has a 52 week low of $185.95 and a 52 week high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, hitting analysts’ consensus estimates of $2.60. The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. lululemon athletica’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.54 earnings per share. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. Sell-side analysts forecast that lululemon athletica will post 14.36 EPS for the current year.

Insider Buying and Selling at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of the company’s stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the sale, the chief executive officer owned 110,564 shares in the company, valued at $26,058,829.16. This represents a 19.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On lululemon athletica

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Twin Capital Management Inc. grew its position in shares of lululemon athletica by 58.3% during the 1st quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock valued at $1,041,000 after acquiring an additional 1,354 shares during the period. Narwhal Capital Management grew its position in shares of lululemon athletica by 262.7% during the 1st quarter. Narwhal Capital Management now owns 18,777 shares of the apparel retailer’s stock valued at $5,315,000 after acquiring an additional 13,600 shares during the period. Sawgrass Asset Management LLC bought a new position in shares of lululemon athletica during the 1st quarter valued at approximately $9,209,000. WealthPlan Investment Management LLC grew its position in shares of lululemon athletica by 26.9% during the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock valued at $2,165,000 after acquiring an additional 1,622 shares during the period. Finally, Martin Currie Ltd. bought a new position in shares of lululemon athletica during the 1st quarter valued at approximately $26,560,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Company Profile

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.