Telsey Advisory Group reaffirmed their market perform rating on shares of lululemon athletica (NASDAQ:LULU – Free Report) in a report published on Monday,Benzinga reports. The firm currently has a $215.00 price target on the apparel retailer’s stock.
Other analysts also recently issued research reports about the company. Stifel Nicolaus restated a “hold” rating and issued a $210.00 target price on shares of lululemon athletica in a research note on Tuesday, December 30th. Barclays lifted their price target on lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a research report on Friday, December 12th. Wells Fargo & Company boosted their price target on lululemon athletica from $160.00 to $175.00 and gave the company an “equal weight” rating in a report on Friday, December 12th. Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research note on Friday, November 21st. Finally, UBS Group set a $206.00 target price on shares of lululemon athletica in a report on Wednesday, December 31st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have given 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 $227.57.
Get Our Latest Analysis on LULU
lululemon athletica Price Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. 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 company posted $2.53 earnings per share. The firm’s revenue 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. As a group, sell-side analysts forecast that lululemon athletica will post 14.36 earnings per share for the current year.
Insider Transactions at lululemon athletica
In related news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the sale, the insider owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.54% of the company’s stock.
Hedge Funds Weigh In On lululemon athletica
Several hedge funds and other institutional investors have recently added to or reduced their stakes in LULU. Cornerstone Planning Group LLC raised its position in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares during the last quarter. Integrated Financial Solutions Inc. acquired a new stake in lululemon athletica in the 4th quarter worth about $26,000. Murphy & Mullick Capital Management Corp increased its stake in lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after buying an additional 105 shares in the last quarter. GoalVest Advisory LLC acquired a new position in shares of lululemon athletica during the fourth quarter valued at approximately $27,000. Finally, Blue Trust Inc. lifted its position in shares of lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 61 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.
lululemon athletica Company Profile
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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