lululemon athletica (NASDAQ:LULU) Receives “Market Perform” Rating from Telsey Advisory Group

Telsey Advisory Group reiterated their market perform rating on shares of lululemon athletica (NASDAQ:LULU) in a report issued on Monday morning,Benzinga reports. The firm currently has a $215.00 target price on the apparel retailer’s stock.

Other research analysts also recently issued research reports about the stock. Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Jefferies Financial Group upped their price target on shares of lululemon athletica from $170.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, December 18th. Sanford C. Bernstein lowered lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective for the company. in a research report on Thursday, October 16th. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a research note on Thursday. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of lululemon athletica in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $227.57.

lululemon athletica Stock Up 0.9%

Shares of lululemon athletica stock opened at $192.79 on Monday. The stock has a market cap of $22.62 billion, a price-to-earnings ratio of 13.36, a P/E/G ratio of 11.80 and a beta of 1.01. lululemon athletica has a twelve month low of $159.25 and a twelve month high of $423.32. The company’s fifty day moving average is $196.40 and its 200 day moving average is $190.06.

lululemon athletica (NASDAQ:LULU) last announced 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. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, equities analysts anticipate that lululemon athletica will post 14.36 earnings per share for the current fiscal year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was 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 directly owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC purchased a new position in lululemon athletica during the 4th quarter worth $429,000. NewEdge Advisors LLC grew its holdings in shares of lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after acquiring an additional 186 shares in the last quarter. Perigon Wealth Management LLC lifted its holdings in lululemon athletica by 78.5% during the second quarter. Perigon Wealth Management LLC now owns 1,437 shares of the apparel retailer’s stock worth $341,000 after acquiring an additional 632 shares during the period. Patton Fund Management Inc. purchased a new position in lululemon athletica in the second quarter worth $213,000. Finally, State of Alaska Department of Revenue increased its position in shares of lululemon athletica by 11.1% during the 2nd quarter. State of Alaska Department of Revenue now owns 22,930 shares of the apparel retailer’s stock valued at $5,447,000 after purchasing an additional 2,300 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Company Profile

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.