Analysts Set lululemon athletica inc. (NASDAQ:LULU) Price Target at $245.79

Key Points

• Analysts have given lululemon athletica inc. a consensus recommendation of "Hold," with one sell, twenty hold, seven buy, and one strong buy ratings from a total of twenty-nine firms.
• The average 1-year price target for lululemon is approximately $245.79, although several analysts have recently lowered their target prices significantly.
• Despite a quarterly EPS of $3.10 that exceeded estimates, lululemon's stock has shown a downward trend, currently opening at $167.80 and reflecting concerns among investors.

Shares of lululemon athletica inc. (NASDAQ:LULU - Get Free Report) have been given a consensus recommendation of "Hold" by the thirty brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twenty-one have given a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $245.7881.

A number of equities analysts have recently commented on the stock. Bank of America reiterated a "neutral" rating and set a $210.00 price target (down previously from $300.00) on shares of lululemon athletica in a report on Friday, September 5th. Citigroup cut their price target on shares of lululemon athletica from $220.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. William Blair lowered shares of lululemon athletica from an "outperform" rating to a "market perform" rating in a report on Friday, September 5th. Telsey Advisory Group restated a "market perform" rating and issued a $200.00 target price (down previously from $360.00) on shares of lululemon athletica in a report on Friday, September 5th. Finally, Oppenheimer restated a "market perform" rating and issued a $500.00 target price on shares of lululemon athletica in a report on Friday, September 5th.

Insider Transactions at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the transaction, the chief executive officer owned 110,564 shares in the company, valued at $26,058,829.16. The trade was a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by insiders.

Institutional Investors Weigh In On lululemon athletica

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in lululemon athletica by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer's stock worth $3,755,337,000 after purchasing an additional 157,764 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in lululemon athletica by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer's stock worth $1,418,389,000 after purchasing an additional 162,295 shares in the last quarter. Alliancebernstein L.P. grew its position in lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer's stock worth $1,356,507,000 after purchasing an additional 394,706 shares in the last quarter. Geode Capital Management LLC grew its position in lululemon athletica by 16.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer's stock worth $700,502,000 after purchasing an additional 413,062 shares in the last quarter. Finally, Invesco Ltd. grew its position in lululemon athletica by 23.3% in the 2nd quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer's stock worth $406,363,000 after purchasing an additional 322,816 shares in the last quarter. 85.20% of the stock is owned by institutional investors.

lululemon athletica Trading Down 1.1%

lululemon athletica stock traded down $1.76 during mid-day trading on Monday, reaching $163.93. The company had a trading volume of 3,886,230 shares, compared to its average volume of 3,085,167. lululemon athletica has a fifty-two week low of $162.80 and a fifty-two week high of $423.32. The company has a market cap of $19.65 billion, a P/E ratio of 11.14, a P/E/G ratio of 6.93 and a beta of 1.12. The business has a fifty day simple moving average of $209.66 and a 200 day simple moving average of $262.67.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping analysts' consensus estimates of $2.86 by $0.24. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. lululemon athletica's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.15 earnings per share. 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 year.

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.