lululemon athletica (NASDAQ:LULU) Given “Sell” Rating at Truist Financial

lululemon athletica (NASDAQ:LULU)‘s stock had its “sell” rating reiterated by Truist Financial in a research note issued to investors on Thursday,Benzinga reports. They currently have a $94.00 price objective on the apparel retailer’s stock, down from their previous price objective of $115.00. Truist Financial’s price objective would indicate a potential downside of 19.95% from the company’s previous close.

Several other research firms have also issued reports on LULU. Evercore reduced their price target on lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Zacks Research cut shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Morgan Stanley reiterated an “underweight” rating and set a $93.00 price target on shares of lululemon athletica in a research note on Monday, July 6th. Stifel Nicolaus reduced their price target on lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a report on Friday, June 5th. Finally, Wells Fargo & Company dropped their price target on lululemon athletica from $150.00 to $110.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica presently has a consensus rating of “Reduce” and an average target price of $148.54.

lululemon athletica Stock Up 0.1%

Shares of LULU stock opened at $117.42 on Thursday. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 3.80 and a beta of 0.88. The firm has a fifty day moving average of $120.15 and a 200-day moving average of $155.38. lululemon athletica has a 12-month low of $104.44 and a 12-month high of $233.75.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Research analysts expect that lululemon athletica will post 11.08 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The shares were purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.54% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On lululemon athletica

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

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.