lululemon athletica (NASDAQ:LULU) Stock Rating Upgraded by BNP Paribas

lululemon athletica (NASDAQ:LULUGet Free Report) was upgraded by investment analysts at BNP Paribas from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Robert W. Baird restated a “neutral” rating and issued a $195.00 price target (down previously from $225.00) on shares of lululemon athletica in a research note on Tuesday, September 23rd. Morgan Stanley decreased their price target on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 30th. William Blair lowered lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. Truist Financial lowered lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price objective for the company. in a report on Friday, September 5th. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $180.00 price objective (down previously from $265.00) on shares of lululemon athletica in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $228.42.

Read Our Latest Stock Analysis on lululemon athletica

lululemon athletica Price Performance

LULU stock opened at $181.39 on Monday. lululemon athletica has a 1-year low of $159.25 and a 1-year high of $423.32. The business has a fifty day moving average price of $181.16 and a 200-day moving average price of $230.32. The stock has a market capitalization of $21.51 billion, a P/E ratio of 12.33, a P/E/G ratio of 10.78 and a beta of 1.07.

lululemon athletica (NASDAQ:LULUGet Free Report) last posted its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter in the previous year, the business earned $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, analysts anticipate that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the sale, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Several hedge funds have recently bought and sold shares of the stock. Eagle Strategies LLC grew its holdings in lululemon athletica by 32.2% during the third quarter. Eagle Strategies LLC now owns 3,880 shares of the apparel retailer’s stock valued at $690,000 after purchasing an additional 945 shares during the period. Proffitt & Goodson Inc. grew its holdings in lululemon athletica by 56.7% during the third quarter. Proffitt & Goodson Inc. now owns 3,575 shares of the apparel retailer’s stock valued at $636,000 after purchasing an additional 1,294 shares during the period. Tradewinds Capital Management LLC grew its holdings in lululemon athletica by 18,400.0% during the third quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after purchasing an additional 184 shares during the period. SteelPeak Wealth LLC bought a new stake in lululemon athletica during the third quarter valued at about $211,000. Finally, Generali Asset Management SPA SGR grew its holdings in lululemon athletica by 28.3% during the third quarter. Generali Asset Management SPA SGR now owns 21,338 shares of the apparel retailer’s stock valued at $3,797,000 after purchasing an additional 4,707 shares during the period. Institutional investors own 85.20% of the company’s stock.

About lululemon athletica

(Get Free Report)

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.

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Analyst Recommendations for lululemon athletica (NASDAQ:LULU)

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