lululemon athletica (NASDAQ:LULU) Price Target Raised to $206.00 at UBS Group

by · The Markets Daily

lululemon athletica (NASDAQ:LULU – Get Free Report) had its target price increased by investment analysts at UBS Group from $183.00 to $206.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the apparel retailer’s stock. UBS Group’s price target would suggest a potential upside of 0.50% from the stock’s current price.

Several other equities analysts have also recently issued reports on LULU. Hsbc Global Res cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. Wells Fargo & Company lifted their target price on lululemon athletica from $160.00 to $175.00 and gave the company an “equal weight” rating in a research note on Friday. Citigroup upped their price target on lululemon athletica from $190.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday. JPMorgan Chase & Co. increased their price target on lululemon athletica from $191.00 to $203.00 and gave the stock a “neutral” rating in a report on Friday. Finally, KeyCorp cut shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-one have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $227.95.

View Our Latest Stock Report on LULU

lululemon athletica Stock Performance

Shares of NASDAQ:LULU traded up $17.96 during trading on Friday, hitting $204.97. The company’s stock had a trading volume of 20,213,019 shares, compared to its average volume of 3,457,281. The business has a 50 day moving average price of $173.89 and a two-hundred day moving average price of $203.50. The company has a market capitalization of $24.31 billion, a PE ratio of 13.93, a P/E/G ratio of 11.72 and a beta of 1.01. lululemon athletica has a fifty-two week low of $159.25 and a fifty-two week high of $423.32.

lululemon athletica (NASDAQ:LULU – Get Free Report) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. The company 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 42.05% and a net margin of 16.38%.lululemon athletica’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $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. As a group, equities analysts expect that lululemon athletica will post 14.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, the insider directly owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Institutional Trading of lululemon athletica

A number of large investors have recently made changes to their positions in LULU. Brighton Jones LLC acquired a new position in shares of lululemon athletica in the 4th quarter valued at $429,000. Public Sector Pension Investment Board raised its position in shares of lululemon athletica by 7.4% in the 1st quarter. Public Sector Pension Investment Board now owns 15,367 shares of the apparel retailer’s stock worth $4,350,000 after buying an additional 1,065 shares during the period. HighTower Advisors LLC boosted its holdings in lululemon athletica by 19.3% in the first quarter. HighTower Advisors LLC now owns 53,305 shares of the apparel retailer’s stock valued at $15,089,000 after acquiring an additional 8,636 shares during the last quarter. Russell Investments Group Ltd. grew its position in lululemon athletica by 115.6% during the first quarter. Russell Investments Group Ltd. now owns 125,967 shares of the apparel retailer’s stock valued at $35,810,000 after acquiring an additional 67,540 shares during the period. Finally, Gulf International Bank UK Ltd increased its stake in lululemon athletica by 2,220.4% during the first quarter. Gulf International Bank UK Ltd now owns 5,337 shares of the apparel retailer’s stock worth $1,510,000 after acquiring an additional 5,107 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

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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