lululemon athletica (NASDAQ:LULU) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research lowered shares of lululemon athletica (NASDAQ:LULU) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

LULU has been the subject of a number of other research reports. Citigroup decreased their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a report on Tuesday. Evercore decreased their target price on lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. BofA decreased their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Finally, Sanford C. Bernstein decreased their price target on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating for the company in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-seven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $154.26.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $121.84 on Wednesday. lululemon athletica has a 1 year low of $109.36 and a 1 year high of $252.24. The stock has a market capitalization of $14.71 billion, a P/E ratio of 9.83, a PEG ratio of 3.78 and a beta of 0.87. The stock has a 50-day simple moving average of $138.86 and a 200-day simple moving average of $168.71.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the previous year, the business earned $2.60 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Analysts predict that lululemon athletica will post 11.26 earnings per share for the current year.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of the company’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares in the company, valued at $3,084,116. This represents a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles V. Bergh purchased 6,090 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was bought at an average price of $164.20 per share, with a total value of $999,978.00. Following the acquisition, the director owned 6,090 shares in the company, valued at $999,978. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.54% of the stock is owned by company insiders.

Hedge Funds Weigh In On lululemon athletica

Institutional investors and hedge funds have recently made changes to their positions in the business. Swiss Life Asset Management Ltd boosted its stake in shares of lululemon athletica by 53.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after buying an additional 23,623 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of lululemon athletica by 46.6% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after buying an additional 8,134 shares during the last quarter. Rayburn West Financial Services LLC purchased a new position in shares of lululemon athletica during the 4th quarter valued at approximately $3,536,000. Gateway Investment Advisers LLC boosted its stake in shares of lululemon athletica by 60.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock valued at $9,364,000 after buying an additional 16,901 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. boosted its stake in shares of lululemon athletica by 70.0% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 46,712 shares of the apparel retailer’s stock valued at $8,311,000 after buying an additional 19,240 shares during the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Several articles highlighted Lululemon as a potentially undervalued stock, citing its low forward P/E and strong cash flow, which could support a re-rating if operations stabilize. Is lululemon athletica inc. (LULU) A Good Stock To Buy Now?
• Positive Sentiment: Optimistic coverage also pointed to Lululemon as one of the “best Canadian stocks” and noted continued investor interest after its earnings report, which may be helping sentiment. Lululemon Athletica (LULU): 10 Best Canadian Stocks to Invest In According to Billionaires
• Positive Sentiment: Management’s push to accelerate renewable energy across the Chinese supply chain aligns with the company’s Impact Agenda 2030 and may reinforce its sustainability credentials with long-term investors. Lululemon Accelerates Renewable Energy Across Its Chinese Supply Chain

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.