lululemon athletica (NASDAQ:LULU) Reaches New 12-Month Low – Here’s Why

lululemon athletica inc. (NASDAQ:LULU)’s share price hit a new 52-week low on Thursday . The stock traded as low as $95.57 and last traded at $95.8360, with a volume of 441131 shares trading hands. The stock had previously closed at $95.98.

Analyst Ratings Changes

A number of research firms have commented on LULU. Evercore reduced their target price on lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. BMO Capital Markets initiated coverage on shares of lululemon athletica in a report on Wednesday, September 9th. They issued an “underperform” rating and a $70.00 price objective for the company. Morgan Stanley lowered their target price on shares of lululemon athletica from $93.00 to $83.00 and set an “underweight” rating for the company in a research note on Friday, September 4th. Bank of America dropped their target price on shares of lululemon athletica from $140.00 to $122.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Finally, Weiss Ratings raised shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $111.54.

lululemon athletica Trading Down 0.3%

The company has a market cap of $11.09 billion, a P/E ratio of 7.84, a price-to-earnings-growth ratio of 2.35 and a beta of 0.87. The company’s 50-day moving average price is $115.78 and its two-hundred day moving average price is $131.41.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping the consensus estimate of $1.79 by $1.13. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The firm’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same period last year, the firm posted $3.10 earnings per share. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. Equities analysts forecast that lululemon athletica inc. will post 9.54 earnings per share for the current year.

Institutional Investors Weigh In On lululemon athletica

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of lululemon athletica during the 2nd quarter worth $1,010,565,000. Flossbach Von Storch SE bought a new stake in shares of lululemon athletica in the 2nd quarter worth approximately $207,392,000. Norges Bank acquired a new stake in lululemon athletica during the fourth quarter worth $362,598,000. Boston Partners acquired a new stake in shares of lululemon athletica during the 4th quarter valued at about $304,875,000. Finally, Legal & General Group Plc acquired a new stake in lululemon athletica during the second quarter valued at approximately $100,660,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.