lululemon athletica (NASDAQ:LULU) Research Coverage Started at Guggenheim

Guggenheim began coverage on shares of lululemon athletica (NASDAQ:LULU) in a report issued on Wednesday morning, Marketbeat reports. The brokerage issued a neutral rating on the apparel retailer’s stock.

Several other research analysts also recently weighed in on LULU. Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Baird R W lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. TD Securities dropped their price target on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. Stifel Nicolaus reissued a “hold” rating and set a $205.00 price objective (down from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. Finally, BNP Paribas upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-one have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $227.95.

lululemon athletica Price Performance

LULU stock opened at $204.97 on Wednesday. The company’s 50-day moving average is $174.48 and its 200-day moving average is $202.76. The stock has a market capitalization of $24.31 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 11.68 and a beta of 1.01. lululemon athletica has a 1 year low of $159.25 and a 1 year high of $423.32.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 40.17% and a net margin of 15.72%.The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter last year, the firm posted $2.53 earnings per share. The company’s revenue for the quarter 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, analysts anticipate that lululemon athletica will post 14.36 earnings per share for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

Institutional Investors Weigh In On lululemon athletica

Several large investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC increased its position in lululemon athletica by 81.9% in the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after buying an additional 68 shares during the last quarter. Murphy & Mullick Capital Management Corp increased its stake in shares of lululemon athletica by 187.5% in the third quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 105 shares in the last quarter. Flaharty Asset Management LLC bought a new stake in shares of lululemon athletica in the first quarter valued at approximately $29,000. Blue Trust Inc. lifted its stake in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 61 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in lululemon athletica in the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

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.