lululemon athletica's (LULU) "Outperform" Rating Reaffirmed at Telsey Advisory Group

Key Points

• Analysts at Telsey Advisory Group have reaffirmed an "outperform" rating for lululemon athletica (LULU), with a price target of $360.00, indicating a potential upside of 75.54% from its previous close.
• While Telsey maintains an optimistic outlook, other analysts have adjusted their target prices, with BTIG Research lowering theirs to $375.00 and Jefferies lowering to $200.00, reflecting varied opinions on the stock's performance.
• lululemon athletica reported a net margin of 16.82% and a year-over-year revenue increase of 7.3%, meeting earnings expectations with $2.60 EPS for the quarter.

lululemon athletica (NASDAQ:LULU - Get Free Report)'s stock had its "outperform" rating restated by analysts at Telsey Advisory Group in a report issued on Friday,Benzinga reports. They currently have a $360.00 price target on the apparel retailer's stock. Telsey Advisory Group's target price would suggest a potential upside of 75.54% from the company's previous close.

Other equities research analysts also recently issued research reports about the stock. BTIG Research lowered their target price on shares of lululemon athletica from $405.00 to $375.00 and set a "buy" rating for the company in a research note on Wednesday. Jefferies Financial Group lowered their target price on shares of lululemon athletica from $220.00 to $200.00 and set an "underperform" rating for the company in a research note on Friday, June 6th. CICC Research reaffirmed a "market perform" rating and issued a $280.49 target price on shares of lululemon athletica in a research note on Monday, June 9th. Wells Fargo & Company lowered their target price on shares of lululemon athletica from $225.00 to $205.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 19th. Finally, Evercore ISI upped their target price on shares of lululemon athletica from $320.00 to $400.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $305.75.

lululemon athletica Price Performance

LULU opened at $205.08 on Friday. lululemon athletica has a fifty-two week low of $185.95 and a fifty-two week high of $423.32. The company has a market cap of $24.58 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 1.77 and a beta of 1.16. The firm has a 50 day simple moving average of $216.78 and a 200 day simple moving average of $273.76.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its earnings results on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, meeting the consensus estimate of $2.60. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The firm had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the prior year, the firm earned $2.54 earnings per share. The business's quarterly revenue was up 7.3% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. As a group, analysts expect that lululemon athletica will post 14.36 EPS for the current year.

Insider Buying and Selling

In related news, CEO Calvin Mcdonald sold 27,049 shares of the 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 completion of the transaction, the chief executive officer owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.54% of the company's stock.

Institutional Trading of lululemon athletica

A number of hedge funds have recently modified their holdings of LULU. N.E.W. Advisory Services LLC bought a new position in lululemon athletica during the first quarter worth about $25,000. Cornerstone Planning Group LLC increased its holdings in lululemon athletica by 506.3% in 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 during the period. Flaharty Asset Management LLC bought a new position in lululemon athletica in the 1st quarter valued at about $29,000. Blue Trust Inc. increased its holdings in lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock valued at $29,000 after buying an additional 61 shares during the period. Finally, Anderson Financial Strategies LLC bought a new position in lululemon athletica in the 4th quarter valued at about $30,000. Institutional investors and hedge funds 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.

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