lululemon athletica (NASDAQ:LULU) Rating Lowered to Strong Sell at Zacks Research

lululemon athletica (NASDAQ:LULUGet Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

A number of other brokerages also recently commented on LULU. Telsey Advisory Group lowered their price objective on lululemon athletica from $175.00 to $122.00 and set a “market perform” rating for the company in a research report on Friday, June 5th. Citigroup lowered their price objective on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday. Deutsche Bank Aktiengesellschaft lowered their price objective on lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research report on Monday. Bank of America lowered their price objective on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, Truist Financial lowered their price objective on lululemon athletica from $135.00 to $115.00 and set a “hold” rating for the company in a research report on Friday, June 5th. One investment 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $154.26.

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lululemon athletica Stock Performance

lululemon athletica stock opened at $121.84 on Wednesday. The stock has a fifty day moving average of $138.86 and a two-hundred day moving average of $168.71. The company has a market capitalization of $14.71 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 3.78 and a beta of 0.87. lululemon athletica has a fifty-two week low of $109.36 and a fifty-two week high of $252.24.

lululemon athletica (NASDAQ:LULUGet Free Report) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.02. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.60 earnings per share. 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. On average, analysts forecast that lululemon athletica will post 11.26 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other news, CEO Andre Maestrini bought 3,275 shares of lululemon athletica stock in a transaction that occurred on Wednesday, April 1st. The shares were purchased at an average price of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the acquisition, the chief executive officer owned 34,551 shares of the company’s stock, valued at $5,217,892.02. The trade was a 10.47% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles V. Bergh bought 6,090 shares of lululemon athletica stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the acquisition, the director directly owned 6,090 shares of the company’s stock, valued at $999,978. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. 0.54% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica in the fourth quarter valued at $26,000. Integrated Financial Solutions Inc. acquired a new position in shares of lululemon athletica during the fourth quarter worth about $26,000. GoalVest Advisory LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth about $27,000. Elyxium Wealth LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth about $31,000. Finally, DV Equities LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Key lululemon athletica News

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

lululemon athletica Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for lululemon athletica (NASDAQ:LULU)

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