lululemon athletica (NASDAQ:LULU) Given New $206.00 Price Target at UBS Group

lululemon athletica (NASDAQ:LULU) had its target price hoisted by UBS Group from $183.00 to $206.00 in a research note released on Friday morning,Benzinga reports. The firm currently has a neutral rating on the apparel retailer’s stock.

A number of other brokerages have also weighed in on LULU. Guggenheim began coverage on lululemon athletica in a research report on Wednesday. They set a “neutral” rating on the stock. Sanford C. Bernstein downgraded shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price for the company. in a research report on Thursday, October 16th. Zacks Research raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group boosted their price objective on lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a report on Friday. Finally, TD Securities dropped their target price on lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-one have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $227.95.

lululemon athletica Stock Up 9.6%

lululemon athletica stock opened at $204.97 on Friday. The company has a market capitalization of $24.31 billion, a PE ratio of 14.20, a PEG ratio of 11.68 and a beta of 1.01. lululemon athletica has a 12-month low of $159.25 and a 12-month high of $423.32. The firm’s fifty day moving average is $174.48 and its 200 day moving average is $202.76.

lululemon athletica (NASDAQ:LULU) last posted its quarterly 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 firm had revenue of $2.57 billion during 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 revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. Sell-side analysts expect that lululemon athletica will post 14.36 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the sale, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

A number of hedge funds have recently modified their holdings of the stock. Horizon Investments LLC raised its holdings in lululemon athletica by 2.4% in the 1st quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after acquiring an additional 38 shares during the last quarter. GM Advisory Group LLC grew its position in shares of lululemon athletica by 2.0% in the first quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock valued at $564,000 after purchasing an additional 40 shares during the period. Hancock Whitney Corp increased its stake in lululemon athletica by 4.6% in the first quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock valued at $269,000 after purchasing an additional 42 shares during the last quarter. Optimize Financial Inc lifted its position in lululemon athletica by 2.3% during the first quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock worth $578,000 after buying an additional 45 shares during the period. Finally, Novem Group boosted its stake in lululemon athletica by 1.4% in the 2nd quarter. Novem Group now owns 3,201 shares of the apparel retailer’s stock worth $760,000 after buying an additional 45 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Company Profile

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.