lululemon athletica inc. (NASDAQ:LULU) Receives Average Recommendation of “Reduce” from Brokerages

Shares of lululemon athletica inc. (NASDAQ:LULU) have been assigned a consensus rating of “Reduce” from the thirty-two brokerages that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, twenty-six have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $152.8846.

LULU has been the topic of a number of research reports. Truist Financial dropped their price objective on lululemon athletica from $135.00 to $115.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. JPMorgan Chase & Co. decreased their target price on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. BTIG Research lowered lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th. Freedom Capital upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Stifel Nicolaus dropped their price target on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research report on Friday, June 5th.

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 622 shares of the stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider owned 19,156 shares in the company, valued at approximately $3,084,116. This represents a 3.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles V. Bergh acquired 4,275 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Several hedge funds have recently modified their holdings of LULU. Davis Investment Partners LLC boosted its holdings in shares of lululemon athletica by 2.9% during the fourth quarter. Davis Investment Partners LLC now owns 2,064 shares of the apparel retailer’s stock worth $435,000 after purchasing an additional 58 shares during the period. NorthRock Partners LLC grew its position in lululemon athletica by 4.2% during the third quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after purchasing an additional 62 shares in the last quarter. Murphy & Mullick Capital Management Corp increased its stake in lululemon athletica by 4.3% in the 1st quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock valued at $242,000 after buying an additional 65 shares during the period. IHT Wealth Management LLC increased its stake in lululemon athletica by 1.7% in the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after buying an additional 73 shares during the period. Finally, Banque Cantonale Vaudoise lifted its position in lululemon athletica by 3.2% in the 3rd quarter. Banque Cantonale Vaudoise now owns 2,422 shares of the apparel retailer’s stock worth $430,000 after buying an additional 74 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

NASDAQ LULU opened at $118.43 on Friday. lululemon athletica has a 12 month low of $104.44 and a 12 month high of $249.97. The firm has a market capitalization of $14.05 billion, a PE ratio of 9.56, a P/E/G ratio of 3.81 and a beta of 0.88. The company’s 50 day simple moving average is $123.70 and its 200 day simple moving average is $160.98.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.60 earnings per share. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Sell-side analysts anticipate that lululemon athletica will post 11.14 earnings per share for the current fiscal year.

About lululemon athletica

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.