lululemon athletica (NASDAQ:LULU) Price Target Raised to $189.00

lululemon athletica (NASDAQ:LULU) had its price objective hoisted by Barclays from $180.00 to $189.00 in a research report report published on Friday, MarketBeat Ratings reports. They currently have an equal weight rating on the apparel retailer’s stock.

LULU has been the topic of several other reports. The Goldman Sachs Group increased their target price on shares of lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research note on Friday. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. TD Securities decreased their target price on lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Rothschild & Co Redburn cut their price target on lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a report on Friday, September 12th. Finally, Piper Sandler boosted their price objective on lululemon athletica from $165.00 to $190.00 and gave the company a “neutral” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-one have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $227.95.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $204.97 on Friday. lululemon athletica has a 1 year low of $159.25 and a 1 year high of $423.32. The business’s 50-day moving average is $174.48 and its 200-day moving average is $201.13. The company has a market capitalization of $24.31 billion, a price-to-earnings ratio of 14.20, a P/E/G ratio of 12.71 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping the consensus estimate of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter last year, the firm posted $2.53 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. 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. Analysts anticipate that lululemon athletica will post 14.36 EPS for the current year.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the stock in a transaction 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 directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Several institutional investors have recently made changes to their positions in LULU. Horizon Investments LLC lifted its position in shares of lululemon athletica by 2.4% during the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after purchasing an additional 38 shares in the last quarter. GM Advisory Group LLC increased its stake in lululemon athletica by 2.0% in the 1st quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock valued at $564,000 after buying an additional 40 shares during the last quarter. Hancock Whitney Corp lifted its position in shares of lululemon athletica by 4.6% during the 1st quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock worth $269,000 after buying an additional 42 shares in the last quarter. Optimize Financial Inc boosted its stake in shares of lululemon athletica by 2.3% in the 1st quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock worth $578,000 after buying an additional 45 shares during the last quarter. Finally, Novem Group boosted its stake in shares of lululemon athletica by 1.4% in the 2nd quarter. Novem Group now owns 3,201 shares of the apparel retailer’s stock worth $760,000 after buying an additional 45 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

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.