lululemon athletica (NASDAQ:LULU) Given a $190.00 Price Target by Citigroup Analysts

Citigroup set a $190.00 target price on lululemon athletica (NASDAQ:LULU) in a report released on Thursday,BayStreet.CA reports. The firm currently has a neutral rating on the apparel retailer’s stock.

Other research analysts also recently issued reports about the company. Morgan Stanley cut their price objective on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 30th. Robert W. Baird reissued a “neutral” rating and issued a $195.00 price target (down previously from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. William Blair cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a research note on Friday, September 5th. KeyCorp lowered shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, September 9th. Finally, Hsbc Global Res lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, lululemon athletica has a consensus rating of “Hold” and an average price target of $227.68.

lululemon athletica Stock Down 0.8%

LULU stock opened at $164.69 on Thursday. The company has a market capitalization of $19.53 billion, a price-to-earnings ratio of 11.20, a P/E/G ratio of 10.64 and a beta of 1.07. lululemon athletica has a 12 month low of $159.25 and a 12 month high of $423.32. The firm has a 50 day moving average of $170.84 and a two-hundred day moving average of $216.23.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the prior year, the company posted $3.15 earnings per share. lululemon athletica’s revenue for the quarter was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, research analysts expect that lululemon athletica will post 14.36 EPS for the current fiscal year.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction that occurred 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 owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LULU. Manhattan West Asset Management LLC increased its holdings in lululemon athletica by 5.4% in the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock valued at $205,000 after buying an additional 37 shares during the period. Horizon Investments LLC boosted its holdings in 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 boosted its holdings in lululemon athletica by 2.0% during the first quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock valued at $564,000 after purchasing an additional 40 shares in the last quarter. Hancock Whitney Corp grew its stake in shares of lululemon athletica by 4.6% in the 1st quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock valued at $269,000 after purchasing an additional 42 shares during the period. Finally, Optimize Financial Inc raised its holdings 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 in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Company Profile

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.