Recent Research Analysts’ Ratings Updates for Lululemon Athletica (LULU)

A number of research firms have changed their ratings and price targets for Lululemon Athletica (NASDAQ: LULU):

  • 2/8/2018 – Lululemon Athletica was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 2/6/2018 – Lululemon Athletica had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $88.00 price target on the stock.
  • 2/6/2018 – Lululemon Athletica was given a new $75.00 price target on by analysts at Canaccord Genuity. They now have a “hold” rating on the stock.
  • 2/2/2018 – Lululemon Athletica had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $95.00 price target on the stock.
  • 2/2/2018 – Lululemon Athletica was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $88.00 price target on the stock. According to Zacks, “Lululemon has outperformed the industry in the past three months mainly attributable to robust surprise trend driven by progress on its strategy for 2020 and focus on ivivva’s remodeling. While third-quarter fiscal 2017 marked the company’s third consecutive earnings beat, sales topped estimates for the eighth straight quarter. Moreover, the company emerged strong this holiday season driven by accelerating trends across all parts of its businesses. Further, the company anticipates business strength and current trends to sustain throughout 2018 and beyond. This led it to raise revenue and earnings forecasts for fourth-quarter fiscal 2017. Estimates have been trending up ahead of the fourth quarter results. However, the company expects to record a significant income tax charge in the fourth quarter related to a one-time deemed repatriation tax on foreign earnings. Further, rise in competition has been a threat to margins.”
  • 1/18/2018 – Lululemon Athletica was given a new $90.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 1/16/2018 – Lululemon Athletica was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 1/11/2018 – Lululemon Athletica was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lululemon has outperformed the industry in the past three months mainly attributable to robust surprise trend driven by progress on its strategy for 2020 and focus on ivivva’s remodeling. While third-quarter fiscal 2017 marked the company’s third consecutive earnings beat, sales topped estimates for the eighth straight quarter. Moreover, the company emerged strong this holiday season driven by accelerating trends across all parts of its businesses. Further, the company anticipates business strength and current trends to sustain throughout 2018 and beyond. This led it to raise revenue and earnings forecasts for fourth-quarter fiscal 2017. Estimates have been trending up ahead of the fourth quarter results. However, the company expects to record a significant income tax charge in the fourth quarter related to a one-time deemed repatriation tax on foreign earnings. Further, rise in competition has been a threat to margins.”
  • 1/11/2018 – Lululemon Athletica was given a new $79.00 price target on by analysts at Wells Fargo & Co. They now have a “hold” rating on the stock.
  • 1/10/2018 – Lululemon Athletica had its price target raised by analysts at MKM Partners from $89.00 to $92.00. They now have a “buy” rating on the stock.
  • 1/10/2018 – Lululemon Athletica was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 1/9/2018 – Lululemon Athletica had its “hold” rating reaffirmed by analysts at B. Riley. They now have a $70.00 price target on the stock.
  • 1/9/2018 – Lululemon Athletica had its price target raised by analysts at Needham & Company LLC from $79.00 to $84.00. They now have a “buy” rating on the stock.
  • 1/9/2018 – Lululemon Athletica had its price target raised by analysts at SunTrust Banks, Inc. to $90.00. They now have a “buy” rating on the stock.
  • 1/9/2018 – Lululemon Athletica had its “hold” rating reaffirmed by analysts at Stifel Nicolaus.
  • 1/8/2018 – Lululemon Athletica was given a new $78.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 1/8/2018 – Lululemon Athletica had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $95.00 price target on the stock.
  • 1/7/2018 – Lululemon Athletica was given a new $75.00 price target on by analysts at Canaccord Genuity. They now have a “hold” rating on the stock.
  • 1/4/2018 – Lululemon Athletica had its price target lowered by analysts at Deutsche Bank AG from $95.00 to $89.00. They now have a “neutral” rating on the stock.
  • 1/3/2018 – Lululemon Athletica had its price target raised by analysts at Deutsche Bank AG from $89.00 to $95.00. They now have a “buy” rating on the stock.
  • 1/2/2018 – Lululemon Athletica had its price target raised by analysts at Telsey Advisory Group from $84.00 to $92.00. They now have an “outperform” rating on the stock.
  • 1/2/2018 – Lululemon Athletica was upgraded by analysts at Bank of America Corp to a “buy” rating. They now have a $89.00 price target on the stock, up previously from $80.00.
  • 1/2/2018 – Lululemon Athletica was downgraded by analysts at Citigroup Inc from a “buy” rating to a “neutral” rating. They now have a $88.00 price target on the stock.
  • 12/27/2017 – Lululemon Athletica was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 12/22/2017 – Lululemon Athletica was given a new $85.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 12/19/2017 – Lululemon Athletica was given a new $75.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 12/19/2017 – Lululemon Athletica was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 12/15/2017 – Lululemon Athletica had its price target raised by analysts at MKM Partners to $89.00. They now have a “buy” rating on the stock.
  • 12/14/2017 – Lululemon Athletica had its “buy” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $85.00 price target on the stock.
  • 12/14/2017 – Lululemon Athletica was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating. They now have a $58.00 price target on the stock.

Lululemon Athletica inc. (LULU) opened at $77.15 on Monday. Lululemon Athletica inc. has a 1 year low of $47.26 and a 1 year high of $83.31. The company has a market cap of $10,444.49, a PE ratio of 38.38, a price-to-earnings-growth ratio of 1.98 and a beta of 0.26.

Lululemon Athletica (NASDAQ:LULU) last posted its earnings results on Wednesday, December 6th. The apparel retailer reported $0.56 EPS for the quarter, topping the consensus estimate of $0.52 by $0.04. Lululemon Athletica had a net margin of 10.96% and a return on equity of 22.52%. The firm had revenue of $619.00 million during the quarter, compared to analysts’ expectations of $610.56 million. During the same quarter in the prior year, the firm earned $0.50 EPS. Lululemon Athletica’s quarterly revenue was up 13.7% on a year-over-year basis. sell-side analysts forecast that Lululemon Athletica inc. will post 2.53 earnings per share for the current year.

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

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