lululemon athletica (NASDAQ:LULU) Stock Price Down 4.7% – Should You Sell?

by · The Markets Daily

lululemon athletica inc. (NASDAQ:LULUGet Free Report)’s share price traded down 4.7% on Friday . The company traded as low as $203.64 and last traded at $202.2320. 1,243,662 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 2,442,869 shares. The stock had previously closed at $212.17.

Analyst Ratings Changes

Several research analysts have issued reports on LULU shares. Jefferies Financial Group boosted their target price on lululemon athletica from $170.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, December 18th. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. The Goldman Sachs Group upped their price objective on lululemon athletica from $180.00 to $200.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Deutsche Bank Aktiengesellschaft started coverage on lululemon athletica in a research report on Thursday. They set a “hold” rating for the company. Finally, Barclays upped their price target on shares of lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $228.19.

Read Our Latest Stock Analysis on lululemon athletica

lululemon athletica Stock Down 4.6%

The stock’s 50 day moving average is $188.72 and its two-hundred day moving average is $193.93. The company has a market capitalization of $23.74 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 13.06 and a beta of 1.01.

lululemon athletica (NASDAQ:LULUGet Free Report) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating the consensus estimate of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the previous year, the business posted $2.53 EPS. The company’s quarterly revenue 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. On average, sell-side analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the transaction, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. lifted its position in shares of lululemon athletica by 255.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 438,461 shares of the apparel retailer’s stock valued at $91,117,000 after buying an additional 315,150 shares during the last quarter. 180 Wealth Advisors LLC raised its stake in shares of lululemon athletica by 5.8% during the 4th quarter. 180 Wealth Advisors LLC now owns 4,454 shares of the apparel retailer’s stock worth $926,000 after acquiring an additional 244 shares in the last quarter. Fulton Bank N.A. lifted its position in lululemon athletica by 35.1% during the fourth quarter. Fulton Bank N.A. now owns 2,216 shares of the apparel retailer’s stock valued at $461,000 after acquiring an additional 576 shares during the last quarter. Gradient Investments LLC boosted its stake in lululemon athletica by 13.4% in the fourth quarter. Gradient Investments LLC now owns 6,511 shares of the apparel retailer’s stock valued at $1,353,000 after acquiring an additional 771 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of lululemon athletica by 85.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 78,608 shares of the apparel retailer’s stock worth $16,973,000 after purchasing an additional 36,217 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

About lululemon athletica

(Get Free Report)

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.

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