lululemon athletica (NASDAQ:LULU) Stock Rating Upgraded by Zacks Research

lululemon athletica (NASDAQ:LULU) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. TD Securities reduced their price target on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Needham & Company LLC reaffirmed a “hold” rating and set a $192.00 price target on shares of lululemon athletica in a research report on Thursday, September 25th. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target for the company. in a research report on Thursday, October 16th. Bank of America reduced their target price on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Finally, HSBC lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 target price for the company. in a report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $228.42.

lululemon athletica Stock Performance

LULU opened at $167.59 on Tuesday. The stock has a market capitalization of $19.87 billion, a P/E ratio of 11.39, a P/E/G ratio of 10.64 and a beta of 1.07. The company’s 50-day simple moving average is $174.96 and its two-hundred day simple moving average is $223.59. lululemon athletica has a 52-week low of $159.25 and a 52-week high of $423.32.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the prior year, the firm earned $3.15 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Research analysts forecast that lululemon athletica will post 14.36 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.54% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On lululemon athletica

A number of institutional investors have recently added to or reduced their stakes in the stock. Sandler Capital Management bought a new stake in shares of lululemon athletica in the first quarter valued at about $484,000. Twin Capital Management Inc. grew its stake in shares of lululemon athletica by 58.3% during the first quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock worth $1,041,000 after acquiring an additional 1,354 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of lululemon athletica during the second quarter worth about $17,747,000. WealthPlan Investment Management LLC grew its stake in shares of lululemon athletica by 26.9% during the first quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock worth $2,165,000 after acquiring an additional 1,622 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of lululemon athletica by 5.9% during the first quarter. Ameriprise Financial Inc. now owns 748,236 shares of the apparel retailer’s stock worth $211,704,000 after acquiring an additional 41,936 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

About lululemon athletica

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.