lululemon athletica inc. (NASDAQ:LULU – Get Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as $95.57 and last traded at $95.8360, with a volume of 441131 shares traded. The stock had previously closed at $95.98.
Analysts Set New Price Targets
Several research firms have weighed in on LULU. Deutsche Bank Aktiengesellschaft lowered their target price on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a report on Monday, June 8th. Robert W. Baird dropped their price objective on shares of lululemon athletica from $140.00 to $115.00 and set a “neutral” rating for the company in a research note on Friday, September 4th. The Goldman Sachs Group cut their price objective on lululemon athletica from $111.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. Evercore reduced their target price on lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. Finally, Guggenheim reiterated a “neutral” rating on shares of lululemon athletica in a report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $111.54.
Get Our Latest Analysis on LULU
lululemon athletica Trading Down 0.3%
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the previous year, the firm earned $3.10 earnings per share. 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. Equities research analysts expect that lululemon athletica inc. will post 9.54 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in lululemon athletica during the 2nd quarter valued at $1,010,565,000. Flossbach Von Storch SE bought a new stake in shares of lululemon athletica in the 2nd quarter worth about $207,392,000. Norges Bank acquired a new stake in shares of lululemon athletica in the 4th quarter valued at about $362,598,000. Boston Partners acquired a new stake in shares of lululemon athletica in the 4th quarter valued at about $304,875,000. Finally, Legal & General Group Plc bought a new position in shares of lululemon athletica during the second quarter worth about $100,660,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.
About lululemon athletica
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.
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