lululemon athletica (NASDAQ:LULU) Price Target Cut to $189.00 by Analysts at UBS Group

lululemon athletica (NASDAQ:LULU) had its price target decreased by UBS Group from $206.00 to $189.00 in a report published on Monday, Marketbeat reports. UBS Group currently has a neutral rating on the apparel retailer’s stock.

LULU has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft initiated coverage on lululemon athletica in a research report on Thursday, January 8th. They issued a “hold” rating for the company. BNP Paribas Exane dropped their price target on shares of lululemon athletica from $230.00 to $206.00 and set a “neutral” rating on the stock in a report on Friday, January 23rd. Evercore lifted their price target on shares of lululemon athletica from $180.00 to $215.00 in a research note on Friday, December 12th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Finally, Jefferies Financial Group lowered their price objective on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating on the stock in a research report on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $225.78.

lululemon athletica Trading Down 0.2%

lululemon athletica stock opened at $169.77 on Monday. lululemon athletica has a 12 month low of $159.25 and a 12 month high of $348.50. The stock has a fifty day simple moving average of $188.02 and a two-hundred day simple moving average of $183.45. The firm has a market cap of $19.92 billion, a price-to-earnings ratio of 11.77, a PEG ratio of 10.71 and a beta of 1.00.

lululemon athletica (NASDAQ:LULU) last announced 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. 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 for the quarter, compared to the consensus estimate of $2.48 billion. During the same period in the prior year, the company posted $2.53 earnings per share. The company’s quarterly 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. On average, equities research analysts forecast that lululemon athletica will post 14.36 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the sale, the insider owned 5,318 shares of the company’s stock, valued at $1,084,872. This represents a 71.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is owned by insiders.

Hedge Funds Weigh In On lululemon athletica

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC purchased a new stake in lululemon athletica in the 4th quarter worth approximately $429,000. NewEdge Advisors LLC lifted its holdings in lululemon athletica by 5.1% during the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after purchasing an additional 186 shares in the last quarter. Modera Wealth Management LLC lifted its holdings in lululemon athletica by 8.7% during the second quarter. Modera Wealth Management LLC now owns 1,267 shares of the apparel retailer’s stock valued at $301,000 after purchasing an additional 101 shares in the last quarter. Prospera Financial Services Inc boosted its position in shares of lululemon athletica by 1,148.9% in the second quarter. Prospera Financial Services Inc now owns 11,090 shares of the apparel retailer’s stock worth $2,635,000 after purchasing an additional 10,202 shares during the period. Finally, Aviva PLC boosted its position in shares of lululemon athletica by 6.4% in the second quarter. Aviva PLC now owns 83,489 shares of the apparel retailer’s stock worth $19,835,000 after purchasing an additional 5,052 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.