lululemon athletica (NASDAQ:LULU) Receives "Neutral" Rating from Robert W. Baird

Key Points

• Robert W. Baird has reiterated a "neutral" rating on lululemon athletica with a lowered price target of $195.00, indicating a potential upside of 12.45%.
• Analysts have mixed views on the stock, with various upgrades and downgrades, leading to a consensus rating of "Hold" and an average target price of $234.64.
• In its latest earnings report, lululemon athletica beat expectations with $3.10 EPS but reported revenue slightly below analysts' estimates, showing a year-over-year revenue growth of 6.5%.

lululemon athletica (NASDAQ:LULU - Get Free Report)'s stock had its "neutral" rating reiterated by analysts at Robert W. Baird in a report released on Tuesday,Benzinga reports. They presently have a $195.00 price objective on the apparel retailer's stock, down from their prior price objective of $225.00. Robert W. Baird's price target suggests a potential upside of 12.45% from the company's current price.

Other equities analysts have also issued research reports about the stock. Morgan Stanley dropped their price objective on shares of lululemon athletica from $280.00 to $223.00 and set an "equal weight" rating on the stock in a report on Tuesday, August 26th. Barclays dropped their price objective on shares of lululemon athletica from $209.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, September 5th. 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. CICC Research restated a "market perform" rating and issued a $280.49 target price on shares of lululemon athletica in a report on Monday, June 9th. Finally, TD Securities lowered their target price on shares of lululemon athletica from $298.00 to $220.00 and set a "buy" rating on the stock in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twenty-four have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $234.64.

lululemon athletica Stock Up 2.2%

LULU stock opened at $173.41 on Tuesday. The firm has a market cap of $20.56 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 10.59 and a beta of 1.12. lululemon athletica has a 12-month low of $159.25 and a 12-month high of $423.32. The company's fifty day simple moving average is $196.27 and its 200 day simple moving average is $249.99.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.24. The business 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 for the quarter was up 6.5% on a year-over-year basis. 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 expect that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In other news, CEO Calvin Mcdonald sold 27,049 shares of the firm's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the sale, the chief executive officer owned 110,564 shares in the company, valued at approximately $26,058,829.16. This trade represents a 19.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.54% of the company's stock.

Institutional Trading of lululemon athletica

Institutional investors and hedge funds have recently made changes to their positions in the stock. N.E.W. Advisory Services LLC purchased a new stake in shares of lululemon athletica during the 1st quarter valued at $25,000. Cornerstone Planning Group LLC raised its position in shares of lululemon athletica by 506.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after buying an additional 81 shares in the last quarter. Flaharty Asset Management LLC purchased a new stake in shares of lululemon athletica during the 1st quarter valued at $29,000. Blue Trust Inc. grew its holdings in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock valued at $29,000 after purchasing an additional 61 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in shares of lululemon athletica during the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 85.20% of the company's stock.

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.

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