lululemon athletica (NASDAQ:LULU) Downgraded to “Hold” Rating by HSBC

HSBC downgraded shares of lululemon athletica (NASDAQ:LULU) from a buy rating to a hold rating in a research report report published on Thursday morning, MarketBeat reports. HSBC currently has $175.00 price objective on the apparel retailer’s stock.

LULU has been the topic of several other reports. Robert W. Baird lowered their price target on lululemon athletica from $260.00 to $225.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. UBS Group lowered their price target on lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Piper Sandler lowered their price target on lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Needham & Company LLC decreased their target price on lululemon athletica from $238.00 to $192.00 and set a “buy” rating on the stock in a report on Friday, September 5th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $210.00 target price (down from $300.00) on shares of lululemon athletica in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twenty-two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $243.17.

lululemon athletica Price Performance

NASDAQ LULU opened at $165.78 on Thursday. The business’s fifty day moving average price is $206.37 and its 200-day moving average price is $260.59. The stock has a market capitalization of $19.87 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 6.76 and a beta of 1.12. lululemon athletica has a 1-year low of $162.80 and a 1-year high of $423.32.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.24. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm 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. Equities research analysts anticipate that lululemon athletica will post 14.36 EPS for the current year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the stock in a transaction on Friday, June 27th. The stock was sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the sale, the chief executive officer owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

A number of institutional investors have recently bought and sold shares of LULU. Brighton Jones LLC purchased a new stake in lululemon athletica in the 4th quarter worth $429,000. Fourth Dimension Wealth LLC purchased a new stake in lululemon athletica in the 4th quarter worth $61,000. Focus Partners Wealth grew its position in shares of lululemon athletica by 75.9% during the fourth quarter. Focus Partners Wealth now owns 4,229 shares of the apparel retailer’s stock valued at $1,627,000 after purchasing an additional 1,825 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC increased its holdings in shares of lululemon athletica by 17.5% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 1,062 shares of the apparel retailer’s stock worth $406,000 after purchasing an additional 158 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp increased its holdings in shares of lululemon athletica by 20.0% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 4,801 shares of the apparel retailer’s stock worth $1,836,000 after purchasing an additional 799 shares during the last quarter. Hedge funds and other institutional investors 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.