lululemon athletica (NASDAQ:LULU) Price Target Raised to $203.00 at JPMorgan Chase & Co.

by · The Cerbat Gem

lululemon athletica (NASDAQ:LULU – Free Report) had its price objective hoisted by JPMorgan Chase & Co. from $191.00 to $203.00 in a research report report published on Friday morning, Marketbeat Ratings reports. They currently have a neutral rating on the apparel retailer’s stock.

Other analysts also recently issued reports about the company. Sanford C. Bernstein downgraded lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target on the stock. in a research note on Thursday, October 16th. Rothschild & Co Redburn lowered their price target on shares of lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a research note on Friday, September 12th. HSBC cut shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective for the company. in a research note on Thursday, September 11th. Telsey Advisory Group upped their target price on shares of lululemon athletica from $200.00 to $215.00 and gave the stock a “market perform” rating in a research report on Monday, December 8th. Finally, Truist Financial cut shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 target price for the company. in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-one have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica has an average rating of “Hold” and a consensus target price of $227.95.

View Our Latest Stock Analysis on LULU

lululemon athletica Stock Performance

Shares of lululemon athletica stock opened at $204.97 on Friday. lululemon athletica has a one year low of $159.25 and a one year high of $423.32. The company has a market cap of $24.31 billion, a P/E ratio of 14.20, a PEG ratio of 11.68 and a beta of 1.01. The firm has a fifty day moving average of $174.48 and a two-hundred day moving average of $202.76.

lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its earnings results 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 the consensus estimate of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 40.17%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.53 earnings per share. 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. As a group, equities analysts predict that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the transaction, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Flaharty Asset Management LLC acquired a new position in shares of lululemon athletica in the 1st quarter valued at $29,000. Blue Trust Inc. lifted its position in shares of lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in lululemon athletica during the 2nd quarter worth $30,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in lululemon athletica by 464.0% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 116 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its stake in shares of lululemon athletica by 81.9% during the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after acquiring an additional 68 shares in the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Company Profile

(Get Free Report)

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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