lululemon athletica (NASDAQ:LULU) Stock Price Up 4.3% – What’s Next?

lululemon athletica inc. (NASDAQ:LULUGet Free Report)’s stock price rose 4.3% on Tuesday . The stock traded as high as $120.46 and last traded at $120.7070. 566,832 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 3,042,394 shares. The stock had previously closed at $115.74.

Analyst Ratings Changes

A number of analysts have recently issued reports on LULU shares. Rothschild & Co Redburn dropped their price target on lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research report on Tuesday, June 16th. Citigroup lowered their target price on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Bank of America dropped their target price on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Stifel Nicolaus cut their price target on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a research note on Friday, June 5th. Finally, Daiwa Securities Group decreased their price target on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, lululemon athletica currently has a consensus rating of “Reduce” and a consensus price target of $148.54.

Check Out Our Latest Stock Report on LULU

lululemon athletica Stock Performance

The stock has a market capitalization of $14.36 billion, a P/E ratio of 9.76, a price-to-earnings-growth ratio of 3.92 and a beta of 0.86. The firm has a 50-day moving average price of $117.53 and a 200 day moving average price of $141.74.

lululemon athletica (NASDAQ:LULUGet Free Report) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.60 EPS. 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, equities analysts anticipate that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh acquired 4,275 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in lululemon athletica during the second quarter valued at about $1,010,565,000. Geode Capital Management LLC increased its holdings in shares of lululemon athletica by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after buying an additional 71,464 shares during the period. Invesco Ltd. increased its holdings in shares of lululemon athletica by 28.7% in 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. Morgan Stanley lifted its stake in shares of lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after acquiring an additional 59,282 shares during the last quarter. Finally, Flossbach Von Storch SE bought a new stake in shares of lululemon athletica in the 2nd quarter valued at about $207,392,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

About lululemon athletica

(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.

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