lululemon athletica inc. (NASDAQ:LULU) Given Consensus Rating of “Hold” by Brokerages

Shares of lululemon athletica inc. (NASDAQ:LULU) have earned a consensus recommendation of “Hold” from the twenty-nine ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, twenty have given a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $245.7881.

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company reduced their target price on shares of lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating on the stock in a report on Friday. William Blair lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday. Telsey Advisory Group reiterated a “market perform” rating and set a $200.00 target price (down from $360.00) on shares of lululemon athletica in a report on Friday. Piper Sandler reduced their target price on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Robert W. Baird dropped their price objective on shares of lululemon athletica from $260.00 to $225.00 and set an “outperform” rating on the stock in a research report on Friday.

lululemon athletica Stock Performance

Shares of LULU stock opened at $167.80 on Monday. The firm’s 50 day moving average price is $212.64 and its 200-day moving average price is $264.68. lululemon athletica has a one year low of $163.98 and a one year high of $423.32. The firm has a market cap of $20.11 billion, a P/E ratio of 11.41, a P/E/G ratio of 1.60 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the business earned $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, research analysts predict that lululemon athletica will post 14.36 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the stock in a transaction that occurred on 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 directly owned 110,564 shares of the company’s stock, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. N.E.W. Advisory Services LLC purchased a new position in shares of lululemon athletica in the 1st quarter valued at $25,000. Cornerstone Planning Group LLC grew its position in shares of lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 81 shares during the last quarter. Flaharty Asset Management LLC purchased a new position in shares of lululemon athletica in the 1st quarter valued at $29,000. Zions Bancorporation National Association UT purchased a new position in shares of lululemon athletica in the 1st quarter valued at $31,000. Finally, Blue Trust Inc. grew its position in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 61 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

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.