Evercore ISI Raises lululemon athletica (NASDAQ:LULU) Price Target to $215.00

lululemon athletica (NASDAQ:LULU) had its price objective boosted by equities researchers at Evercore ISI from $180.00 to $215.00 in a report issued on Friday,MarketScreener reports. Evercore ISI’s price target indicates a potential upside of 4.89% from the company’s current price.

A number of other analysts have also recently commented on the stock. Dbs Bank cut their target price on shares of lululemon athletica from $165.00 to $134.00 in a research note on Friday, September 19th. Weiss Ratings reiterated a “sell (d+)” rating on shares of lululemon athletica in a research note on Wednesday, October 8th. Robert W. Baird reissued a “neutral” rating and set a $195.00 target price (down previously from $225.00) on shares of lululemon athletica in a report on Tuesday, September 23rd. Oppenheimer restated a “market perform” rating and issued a $500.00 target price on shares of lululemon athletica in a research report on Friday, September 5th. Finally, Guggenheim assumed coverage on lululemon athletica in a research note on Wednesday. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-one have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica has a consensus rating of “Hold” and an average price target of $227.95.

lululemon athletica Price Performance

lululemon athletica stock opened at $204.97 on Friday. The stock has a market capitalization of $24.31 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 12.81 and a beta of 1.01. The business has a 50 day simple moving average of $174.48 and a 200-day simple moving average of $201.93. lululemon athletica has a 12 month low of $159.25 and a 12 month high of $423.32.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 40.17%. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.53 EPS. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. On average, equities research analysts anticipate that lululemon athletica will post 14.36 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value 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. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Large investors have recently added to or reduced their stakes in the stock. Flaharty Asset Management LLC purchased a new stake in lululemon athletica during the 1st 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 buying an additional 61 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in lululemon athletica in the second quarter valued at approximately $30,000. Migdal Insurance & Financial Holdings Ltd. lifted its stake in lululemon athletica by 464.0% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 116 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its holdings in lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after acquiring an additional 68 shares in the last quarter. 85.20% of the stock is currently 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.