lululemon athletica (NASDAQ:LULU) Price Target Lowered to $130.00 at Citigroup

lululemon athletica (NASDAQ:LULUGet Free Report) had its price objective decreased by Citigroup from $185.00 to $130.00 in a note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has a “neutral” rating on the apparel retailer’s stock. Citigroup’s price target suggests a potential upside of 10.59% from the stock’s current price.

A number of other analysts also recently issued reports on LULU. Weiss Ratings downgraded shares of lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 31st. BTIG Research cut lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft dropped their price target on lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research note on Monday. Truist Financial cut their price objective on lululemon athletica from $135.00 to $115.00 and set a “hold” rating for the company in a report on Friday. Finally, Sanford C. Bernstein reduced their price objective on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-eight have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $154.26.

Check Out Our Latest Report on LULU

lululemon athletica Price Performance

Shares of LULU stock opened at $117.55 on Tuesday. The stock has a market capitalization of $14.19 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 3.50 and a beta of 0.88. lululemon athletica has a 1 year low of $109.36 and a 1 year high of $266.95. The company’s fifty day simple moving average is $140.52 and its two-hundred day simple moving average is $169.67.

lululemon athletica (NASDAQ:LULUGet Free Report) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. lululemon athletica’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business 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. Equities research analysts anticipate that lululemon athletica will post 12.35 EPS for the current year.

Insiders Place Their Bets

In related news, Director Charles V. Bergh bought 6,090 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was bought at an average cost 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andre Maestrini purchased 3,275 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was bought at an average cost of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the purchase, the chief executive officer directly owned 34,551 shares in the company, valued at approximately $5,217,892.02. This trade represents a 10.47% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is currently owned by insiders.

Institutional Trading of lululemon athletica

Large investors have recently modified their holdings of the business. Uniplan Investment Counsel Inc. purchased a new position in shares of lululemon athletica during the fourth quarter valued at approximately $26,000. Integrated Financial Solutions Inc. purchased a new stake in lululemon athletica in the fourth quarter worth $26,000. GoalVest Advisory LLC bought a new stake in lululemon athletica in the fourth quarter valued at $27,000. Elyxium Wealth LLC purchased a new position in lululemon athletica during the 4th quarter valued at $31,000. Finally, DV Equities LLC bought a new position in lululemon athletica in the 4th quarter worth $31,000. 85.20% of the stock is owned by institutional investors.

Key Headlines Impacting lululemon athletica

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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.

See Also

Analyst Recommendations for lululemon athletica (NASDAQ:LULU)

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