Equities Analysts Set Expectations for LULU FY2028 Earnings

Lululemon Athletica Inc. (NASDAQ:LULU) – Research analysts at Zacks Research issued their FY2028 earnings per share (EPS) estimates for shares of Lululemon Athletica in a note issued to investors on Thursday, April 10th. Zacks Research analyst R. Lohia expects that the apparel retailer will earn $18.02 per share for the year. The consensus estimate for Lululemon Athletica’s current full-year earnings is $14.36 per share.

Other research analysts have also issued reports about the company. Cfra Research upgraded Lululemon Athletica from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 31st. BTIG Research dropped their price objective on shares of Lululemon Athletica from $470.00 to $420.00 and set a “buy” rating for the company in a research note on Friday, March 28th. Oppenheimer lifted their target price on shares of Lululemon Athletica from $380.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Sanford C. Bernstein upgraded shares of Lululemon Athletica from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $360.00 to $460.00 in a research note on Tuesday, January 7th. Finally, KeyCorp lowered their price objective on Lululemon Athletica from $420.00 to $400.00 and set an “overweight” rating on the stock in a research note on Friday, March 28th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Lululemon Athletica presently has an average rating of “Moderate Buy” and a consensus target price of $371.72.

Lululemon Athletica Trading Down 1.6 %

Shares of LULU stock opened at $255.64 on Monday. Lululemon Athletica has a 12 month low of $226.01 and a 12 month high of $423.32. The company has a market capitalization of $30.84 billion, a P/E ratio of 18.46, a P/E/G ratio of 2.22 and a beta of 1.31. The stock has a 50 day moving average of $326.21 and a two-hundred day moving average of $339.03.

Lululemon Athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $5.85 by $0.29. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The business had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.59 billion. During the same quarter in the prior year, the business earned $5.29 earnings per share. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of LULU. Beacon Capital Management LLC grew its position in shares of Lululemon Athletica by 6.9% during the 4th quarter. Beacon Capital Management LLC now owns 372 shares of the apparel retailer’s stock worth $142,000 after buying an additional 24 shares during the period. Edgestream Partners L.P. increased its stake in Lululemon Athletica by 0.7% during the 4th quarter. Edgestream Partners L.P. now owns 3,539 shares of the apparel retailer’s stock worth $1,353,000 after purchasing an additional 25 shares in the last quarter. SeaCrest Wealth Management LLC raised its holdings in Lululemon Athletica by 2.6% during the 4th quarter. SeaCrest Wealth Management LLC now owns 1,018 shares of the apparel retailer’s stock worth $389,000 after buying an additional 26 shares during the period. Dnca Finance lifted its stake in Lululemon Athletica by 15.1% in the fourth quarter. Dnca Finance now owns 198 shares of the apparel retailer’s stock valued at $76,000 after buying an additional 26 shares in the last quarter. Finally, Capital Advisors Ltd. LLC increased its position in shares of Lululemon Athletica by 9.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 325 shares of the apparel retailer’s stock worth $124,000 after acquiring an additional 28 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

Lululemon Athletica Company Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.