lululemon athletica (NASDAQ:LULU) Price Target Raised to $215.00 at Evercore ISI

lululemon athletica (NASDAQ:LULU) had its target price lifted by Evercore ISI from $180.00 to $215.00 in a research note released on Friday morning,MarketScreener reports.

LULU has been the topic of several other research reports. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective on the stock. in a report on Thursday, October 16th. HSBC downgraded lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price target on the stock. in a research note on Thursday, September 11th. Truist Financial lowered lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 target price on the stock. in a research report on Friday, September 5th. Barclays reduced their price target on shares of lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, September 5th. Finally, Citigroup set a $190.00 price objective on shares of lululemon athletica and gave the company a “neutral” rating in a research note on Thursday, November 20th. 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $227.95.

lululemon athletica Stock Up 9.6%

Shares of NASDAQ LULU opened at $204.97 on Friday. The company has a market capitalization of $24.31 billion, a PE ratio of 14.20, a P/E/G ratio of 11.68 and a beta of 1.01. The firm has a fifty day simple moving average of $174.48 and a 200 day simple moving average of $202.76. lululemon athletica has a twelve month low of $159.25 and a twelve month high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 40.17% and a net margin of 15.72%.The business’s revenue was up 7.1% compared to the same quarter last year. During the same period last year, the business posted $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.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company’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 completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Several institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC raised its stake in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after purchasing an additional 68 shares during the period. Murphy & Mullick Capital Management Corp increased its position in shares of lululemon athletica by 187.5% during the third quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock valued at $27,000 after buying an additional 105 shares during the period. Blue Trust Inc. lifted its holdings in shares of lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after buying an additional 61 shares in the last quarter. Flaharty Asset Management LLC bought a new position in shares of lululemon athletica in the first quarter valued at approximately $29,000. Finally, Trust Co. of Toledo NA OH purchased a new position in lululemon athletica during the second quarter valued at approximately $30,000. 85.20% of the stock is owned by institutional investors.

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.