Equities Analysts Offer Predictions for LULU Q2 Earnings

lululemon athletica inc. (NASDAQ:LULUFree Report) – Equities research analysts at Zacks Research cut their Q2 2027 earnings estimates for shares of lululemon athletica in a note issued to investors on Tuesday, March 31st. Zacks Research analyst Team now expects that the apparel retailer will earn $2.67 per share for the quarter, down from their previous forecast of $2.81. The consensus estimate for lululemon athletica’s current full-year earnings is $14.36 per share. Zacks Research also issued estimates for lululemon athletica’s Q3 2027 earnings at $2.66 EPS, Q2 2028 earnings at $2.98 EPS and Q3 2028 earnings at $2.88 EPS.

lululemon athletica (NASDAQ:LULUGet Free Report) last released its quarterly earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, beating analysts’ consensus estimates of $4.78 by $0.23. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.59 billion. During the same period last year, the firm earned $6.14 earnings per share. The firm’s revenue was up .0% on a year-over-year basis.

Other analysts also recently issued reports about the company. Citigroup decreased their price target on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research report on Monday, March 23rd. Weiss Ratings cut lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Barclays reduced their price objective on lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 18th. Robert W. Baird lowered their target price on lululemon athletica from $210.00 to $190.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, Truist Financial cut their price target on shares of lululemon athletica from $200.00 to $170.00 and set a “hold” rating on the stock in a report on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $206.77.

Check Out Our Latest Report on lululemon athletica

lululemon athletica Stock Performance

NASDAQ:LULU opened at $158.81 on Wednesday. lululemon athletica has a 52 week low of $143.96 and a 52 week high of $340.25. The firm has a 50-day moving average price of $171.87 and a two-hundred day moving average price of $179.88. The firm has a market cap of $19.17 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 4.70 and a beta of 1.07.

Institutional Investors Weigh In On lululemon athletica

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hussman Strategic Advisors Inc. grew its holdings in lululemon athletica by 66.7% in the 3rd quarter. Hussman Strategic Advisors Inc. now owns 21,000 shares of the apparel retailer’s stock worth $3,737,000 after acquiring an additional 8,400 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of lululemon athletica by 2,598.9% during the third quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer’s stock valued at $84,687,000 after acquiring an additional 458,322 shares during the last quarter. Pacific Heights Asset Management LLC raised its stake in shares of lululemon athletica by 44.4% during the third quarter. Pacific Heights Asset Management LLC now owns 65,000 shares of the apparel retailer’s stock valued at $11,565,000 after acquiring an additional 20,000 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in shares of lululemon athletica during the second quarter worth about $3,276,000. Finally, Mediolanum International Funds Ltd boosted its holdings in shares of lululemon athletica by 72.8% during the third quarter. Mediolanum International Funds Ltd now owns 54,318 shares of the apparel retailer’s stock worth $9,729,000 after purchasing an additional 22,891 shares during the period. 85.20% of the stock is currently owned by institutional investors.

Insider Transactions at lululemon athletica

In other news, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction on Friday, March 20th. The shares were purchased at an average cost of $164.20 per share, for a total transaction of $999,978.00. Following the completion of the purchase, the director directly owned 6,090 shares in the company, valued at $999,978. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.54% of the stock is owned by corporate insiders.

About lululemon athletica

(Get Free Report)

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.

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Earnings History and Estimates for lululemon athletica (NASDAQ:LULU)

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