Telsey Advisory Group Reiterates Market Perform Rating for lululemon athletica (NASDAQ:LULU)

lululemon athletica (NASDAQ:LULU)‘s stock had its “market perform” rating reissued by equities research analysts at Telsey Advisory Group in a note issued to investors on Monday,Benzinga reports. They presently have a $215.00 price objective on the apparel retailer’s stock. Telsey Advisory Group’s price target would indicate a potential upside of 15.35% from the stock’s current price.

A number of other research firms have also recently commented on LULU. Guggenheim began coverage on shares of lululemon athletica in a research report on Wednesday, December 10th. They issued a “neutral” rating for the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a research report on Thursday, January 22nd. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Citigroup increased their target price on lululemon athletica from $190.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of lululemon athletica from $203.00 to $209.00 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $227.57.

lululemon athletica Trading Down 3.3%

NASDAQ:LULU opened at $186.39 on Monday. lululemon athletica has a 1-year low of $159.25 and a 1-year high of $423.32. The business’s 50-day moving average price is $196.85 and its two-hundred day moving average price is $189.70. The firm has a market capitalization of $21.86 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 11.91 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same period in the previous year, the company earned $2.53 EPS. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. 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 Transactions at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the transaction, the insider directly owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in lululemon athletica by 3.9% during the third 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 during the last quarter. Geode Capital Management LLC grew its position in shares of 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 valued at $700,502,000 after acquiring an additional 413,062 shares during the period. Invesco Ltd. increased its stake in shares of lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares during the last quarter. Flossbach Von Storch SE raised its holdings in shares of lululemon athletica by 17.7% in the 3rd quarter. Flossbach Von Storch SE now owns 1,930,831 shares of the apparel retailer’s stock valued at $343,553,000 after purchasing an additional 290,614 shares during the period. Finally, Mawer Investment Management Ltd. lifted its stake in lululemon athletica by 2.8% in the 2nd quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer’s stock valued at $322,976,000 after purchasing an additional 36,664 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Company Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.