Daiwa Capital Markets Forecasts Strong Price Appreciation for lululemon athletica (NASDAQ:LULU) Stock

lululemon athletica (NASDAQ:LULU) had its target price hoisted by stock analysts at Daiwa Capital Markets from $174.00 to $205.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has a “neutral” rating on the apparel retailer’s stock. Daiwa Capital Markets’ target price would suggest a potential downside of 1.38% from the stock’s current price.

Several other research analysts have also weighed in on LULU. The Goldman Sachs Group raised their price objective on shares of lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. BNP Paribas upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. UBS Group boosted their price objective on shares of lululemon athletica from $183.00 to $206.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Oppenheimer reiterated a “market perform” rating and set a $500.00 price objective on shares of lululemon athletica in a research note on Friday, September 5th. Finally, BNP Paribas Exane lifted their target price on lululemon athletica from $146.00 to $230.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, lululemon athletica has a consensus rating of “Hold” and a consensus price target of $227.15.

lululemon athletica Trading Up 0.5%

Shares of LULU opened at $207.87 on Tuesday. The firm has a market capitalization of $24.65 billion, a P/E ratio of 14.41, a price-to-earnings-growth ratio of 12.76 and a beta of 1.01. The stock’s fifty day simple moving average is $176.46 and its 200 day simple moving average is $199.66. lululemon athletica has a twelve month low of $159.25 and a twelve month high of $423.32.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.37. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The company’s revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.53 EPS. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Sell-side analysts predict that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Activity

In other news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is owned by insiders.

Hedge Funds Weigh In On lululemon athletica

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in lululemon athletica by 3.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after buying an additional 521,915 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake 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. raised its position in shares of lululemon athletica by 9.0% in the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after buying an additional 394,706 shares in the last quarter. Geode Capital Management LLC increased its stake in lululemon athletica by 16.2% during the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock worth $700,502,000 after acquiring an additional 413,062 shares during the period. Finally, Invesco Ltd. raised its position in lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares in the last quarter. 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.