BTIG Research Reiterates Buy Rating for lululemon athletica (NASDAQ:LULU)

lululemon athletica (NASDAQ:LULU)‘s stock had its “buy” rating restated by equities researchers at BTIG Research in a research report issued on Friday,Benzinga reports. They presently have a $303.00 price target on the apparel retailer’s stock. BTIG Research’s target price indicates a potential upside of 47.83% from the stock’s current price.

Other research analysts also recently issued reports about the company. Baird R W downgraded lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. HSBC lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 target price on the stock. in a research report on Thursday, September 11th. Stifel Nicolaus reissued a “hold” rating and issued a $205.00 price target (down from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, BNP Paribas raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-one have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, lululemon athletica has an average rating of “Hold” and a consensus price target of $227.95.

lululemon athletica Stock Performance

Shares of LULU stock opened at $204.97 on Friday. The business’s fifty day moving average is $174.48 and its 200-day moving average is $201.93. The stock has a market cap of $24.31 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 12.81 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 results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating the consensus estimate of $2.22 by $0.37. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a return on equity of 40.17% and a net margin of 15.72%.The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Equities research analysts predict that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the stock in a transaction 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 transaction, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Institutional Trading of lululemon athletica

A number of large investors have recently bought and sold shares of the business. Norges Bank bought a new stake in lululemon athletica in the 2nd quarter valued at $217,344,000. Vanguard Group Inc. lifted its holdings in shares of lululemon athletica by 3.9% in the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock valued at $2,452,394,000 after purchasing an additional 521,915 shares in the last quarter. Invesco Ltd. boosted its position in shares of lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after buying an additional 490,127 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of lululemon athletica by 151.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock worth $218,052,000 after buying an additional 464,186 shares during the period. Finally, Pacer Advisors Inc. grew its holdings 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 worth $84,687,000 after buying an additional 458,322 shares in the last quarter. 85.20% of the stock is owned by institutional investors.

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.