lululemon athletica’s (LULU) Market Perform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reiterated their market perform rating on shares of lululemon athletica (NASDAQ:LULU) in a research note released on Tuesday,Benzinga reports. The brokerage currently has a $215.00 price objective on the apparel retailer’s stock.

LULU has been the subject of several other reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday, October 8th. Barclays upped their price objective on lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a research note on Friday, December 12th. Citigroup raised their target price on lululemon athletica from $190.00 to $210.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Finally, Robert W. Baird raised their price objective on shares of lululemon athletica from $195.00 to $210.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $228.19.

lululemon athletica Price Performance

LULU opened at $205.01 on Tuesday. lululemon athletica has a 1 year low of $159.25 and a 1 year high of $423.32. The company has a market capitalization of $24.05 billion, a price-to-earnings ratio of 14.21, a P/E/G ratio of 12.52 and a beta of 1.01. The firm’s fifty day moving average price is $192.82 and its two-hundred day moving average price is $193.07.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same period last year, the firm earned $2.53 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. 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 EPS for the current year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction 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 sale, the insider owned 5,318 shares in the company, valued at $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is owned by insiders.

Institutional Trading of lululemon athletica

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Nisa Investment Advisors LLC boosted its stake in lululemon athletica by 119.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 9,141 shares of the apparel retailer’s stock worth $1,900,000 after purchasing an additional 4,982 shares during the period. Fifth Third Wealth Advisors LLC purchased a new stake in shares of lululemon athletica in the fourth quarter worth about $227,000. Silver Oak Securities Incorporated bought a new position in shares of lululemon athletica in the fourth quarter valued at approximately $449,000. Allspring Global Investments Holdings LLC increased its holdings in lululemon athletica by 2.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,427 shares of the apparel retailer’s stock worth $1,355,000 after acquiring an additional 165 shares during the period. Finally, Polianta Ltd bought a new stake in lululemon athletica during the 4th quarter worth approximately $1,704,000. 85.20% of the stock is currently owned by institutional investors.

About lululemon athletica

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.