lululemon athletica inc. (NASDAQ:LULU) Receives $228.19 Average Target Price from Brokerages

Shares of lululemon athletica inc. (NASDAQ:LULU) have been given an average rating of “Hold” by the thirty-eight research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, thirty-three have issued a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $228.1893.

A number of analysts recently issued reports on the stock. Wells Fargo & Company increased their target price on shares of lululemon athletica from $160.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. The Goldman Sachs Group increased their price objective on shares of lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price on the stock. in a report on Thursday, October 16th. Barclays upped their price target on shares of lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. Finally, Evercore ISI raised their price objective on lululemon athletica from $180.00 to $215.00 in a research report on Friday, December 12th.

Insider Buying and Selling

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the transaction, the insider owned 5,318 shares in the company, valued at $1,084,872. This represents a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LULU. Cornerstone Planning Group LLC boosted its stake in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after buying an additional 68 shares during the last quarter. Murphy & Mullick Capital Management Corp boosted its stake in lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock valued at $27,000 after acquiring an additional 105 shares during the last quarter. GoalVest Advisory LLC acquired a new position in lululemon athletica during the 4th quarter worth $27,000. Blue Trust Inc. increased its position in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of lululemon athletica in the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Down 1.5%

Shares of LULU traded down $3.14 during mid-day trading on Friday, reaching $201.87. The company had a trading volume of 3,639,261 shares, compared to its average volume of 3,264,494. lululemon athletica has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The firm has a fifty day simple moving average of $193.54 and a 200-day simple moving average of $192.46. The stock has a market cap of $23.68 billion, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 12.44 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same period in the prior year, the firm posted $2.53 EPS. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. As a group, equities analysts predict that lululemon athletica will post 14.36 EPS for the current fiscal year.

lululemon athletica Company Profile

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.