lululemon athletica inc. (NASDAQ:LULU) Receives Average Rating of “Reduce” from Brokerages

lululemon athletica inc. (NASDAQ:LULU – Get Free Report) has been assigned an average rating of “Reduce” from the twenty-nine ratings firms that are covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $106.86.

A number of equities research analysts have commented on the stock. Weiss Ratings lowered shares of lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 17th. Wells Fargo & Company decreased their price target on shares of lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, September 4th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Citigroup cut their price target on lululemon athletica from $130.00 to $117.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 9th.

Read Our Latest Research Report on lululemon athletica

lululemon athletica Price Performance

Shares of LULU opened at $101.64 on Friday. The company has a market capitalization of $11.77 billion, a P/E ratio of 8.32, a PEG ratio of 2.47 and a beta of 0.87. lululemon athletica has a one year low of $95.35 and a one year high of $225.98. The business’s 50 day simple moving average is $113.71 and its 200-day simple moving average is $128.28.

lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the company earned $3.10 EPS. lululemon athletica’s revenue for the quarter was down 4.3% on a year-over-year basis. 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. On average, sell-side analysts anticipate that lululemon athletica will post 9.55 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Elyxium Wealth LLC bought a new stake in shares of lululemon athletica during the fourth quarter worth approximately $31,000. Rexford Capital Inc. bought a new position in lululemon athletica in the first quarter valued at approximately $31,000. Gould Capital LLC acquired a new stake in lululemon athletica during the 1st quarter worth $32,000. Reflection Asset Management acquired a new stake in lululemon athletica during the 4th quarter worth $46,000. Finally, MCF Advisors LLC raised its position in shares of lululemon athletica by 139.2% during the 4th quarter. MCF Advisors LLC now owns 244 shares of the apparel retailer’s stock valued at $51,000 after acquiring an additional 142 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for lululemon athletica (NASDAQ:LULU)

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