lululemon athletica (NASDAQ:LULU) Price Target Raised to $200.00

lululemon athletica (NASDAQ:LULU) had its price target boosted by The Goldman Sachs Group from $180.00 to $200.00 in a research report released on Friday,Benzinga reports. The Goldman Sachs Group currently has a neutral rating on the apparel retailer’s stock.

Several other research analysts also recently issued reports on the stock. Oppenheimer reiterated a “market perform” rating and issued a $500.00 target price on shares of lululemon athletica in a research note on Friday, September 5th. HSBC cut lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective on the stock. in a research report on Thursday, September 11th. Sanford C. Bernstein lowered lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price for the company. in a report on Thursday, October 16th. Dbs Bank lowered their price target on lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Finally, Telsey Advisory Group lifted their price objective on lululemon athletica from $200.00 to $215.00 and gave the stock a “market perform” rating in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-one have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, lululemon athletica currently has an average rating of “Hold” and an average price target of $227.95.

lululemon athletica Trading Up 9.6%

lululemon athletica stock opened at $204.97 on Friday. lululemon athletica has a 12 month low of $159.25 and a 12 month high of $423.32. The business’s fifty day simple moving average is $174.48 and its two-hundred day simple moving average is $201.13. The company has a market capitalization of $24.31 billion, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 12.71 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (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 firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the previous year, the firm earned $2.53 EPS. lululemon athletica’s quarterly revenue was up 7.1% compared to the same quarter last year. 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 predict that lululemon athletica will post 14.36 EPS 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 directly owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC purchased a new position in shares of lululemon athletica during the 4th quarter worth $429,000. Public Sector Pension Investment Board increased its stake in shares of lululemon athletica by 7.4% in the 1st quarter. Public Sector Pension Investment Board now owns 15,367 shares of the apparel retailer’s stock worth $4,350,000 after purchasing an additional 1,065 shares in the last quarter. HighTower Advisors LLC raised its holdings in lululemon athletica by 19.3% in the 1st quarter. HighTower Advisors LLC now owns 53,305 shares of the apparel retailer’s stock worth $15,089,000 after purchasing an additional 8,636 shares during the period. Russell Investments Group Ltd. lifted its position in lululemon athletica by 115.6% during the first quarter. Russell Investments Group Ltd. now owns 125,967 shares of the apparel retailer’s stock valued at $35,810,000 after purchasing an additional 67,540 shares in the last quarter. Finally, Gulf International Bank UK Ltd lifted its position in lululemon athletica by 2,220.4% during the first quarter. Gulf International Bank UK Ltd now owns 5,337 shares of the apparel retailer’s stock valued at $1,510,000 after purchasing an additional 5,107 shares in the last quarter. 85.20% of the stock is 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.