lululemon athletica (NASDAQ:LULU) Stock Rating Lowered by Hsbc Global Res

lululemon athletica (NASDAQ:LULU) was downgraded by analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

LULU has been the topic of several other reports. Telsey Advisory Group reissued a “market perform” rating and set a $200.00 price objective (down from $360.00) on shares of lululemon athletica in a report on Friday, September 5th. Barclays cut their price objective on shares of lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, September 5th. William Blair lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. Wells Fargo & Company cut their price objective 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, September 5th. Finally, BTIG Research cut their price objective on shares of lululemon athletica from $375.00 to $303.00 and set a “buy” rating on the stock in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twenty-three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica presently has an average rating of “Hold” and an average price target of $242.24.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $159.87 on Thursday. The company has a market cap of $19.16 billion, a P/E ratio of 10.87, a PEG ratio of 6.83 and a beta of 1.12. lululemon athletica has a 1 year low of $159.75 and a 1 year high of $423.32. The firm has a 50-day simple moving average of $204.62 and a two-hundred day simple moving average of $259.16.

lululemon athletica (NASDAQ:LULU) last posted 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. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the previous year, the firm posted $3.15 earnings per share. The company’s revenue was up 6.5% on a year-over-year basis. 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, equities research analysts expect that lululemon athletica will post 14.36 EPS for the current year.

Insider Transactions at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of the business’s stock in a transaction on Friday, June 27th. The shares were sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the transaction, the chief executive officer directly owned 110,564 shares in the company, valued at $26,058,829.16. The trade was a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LULU. N.E.W. Advisory Services LLC acquired a new position in shares of lululemon athletica in the first quarter worth about $25,000. Cornerstone Planning Group LLC increased its stake in shares of lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 81 shares in the last quarter. Flaharty Asset Management LLC purchased a new stake in shares of lululemon athletica during the first quarter worth about $29,000. Blue Trust Inc. increased its stake in shares of lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of lululemon athletica during the second quarter worth about $30,000. 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.