lululemon athletica (NASDAQ:LULU) Shares Gap Down After Analyst Downgrade

lululemon athletica inc. (NASDAQ:LULU) gapped down before the market opened on Tuesday after UBS Group lowered their price target on the stock from $124.00 to $120.00. The stock had previously closed at $122.78, but opened at $118.62. UBS Group currently has a neutral rating on the stock. lululemon athletica shares last traded at $118.3150, with a volume of 555,147 shares traded.

LULU has been the subject of several other reports. Weiss Ratings upgraded shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. increased their price objective on lululemon athletica from $149.00 to $154.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. 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, June 8th. Finally, Robert W. Baird reduced their target price on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock 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-five have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $148.38.

Insider Transactions at lululemon athletica

In related news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Hedge funds have recently made changes to their positions in the company. Uniplan Investment Counsel Inc. purchased a new position in lululemon athletica in the 4th quarter worth $26,000. Elyxium Wealth LLC acquired a new position in shares of lululemon athletica in the fourth quarter valued at about $31,000. Rexford Capital Inc. acquired a new position in shares of lululemon athletica in the first quarter valued at about $31,000. DV Equities LLC purchased a new position in shares of lululemon athletica in the fourth quarter worth about $31,000. Finally, Gould Capital LLC purchased a new position in shares of lululemon athletica in the first quarter worth about $32,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Price Performance

The stock has a market cap of $13.96 billion, a price-to-earnings ratio of 9.49, a P/E/G ratio of 3.97 and a beta of 0.86. The stock has a fifty day moving average of $117.55 and a 200 day moving average of $139.77.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating 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 firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the prior year, the firm earned $2.60 earnings per share. lululemon athletica’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. As a group, equities analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

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.