lululemon athletica (NASDAQ:LULU) Stock Price Expected to Rise, Daiwa Capital Markets Analyst Says

lululemon athletica (NASDAQ:LULU) had its price objective hoisted by research analysts at Daiwa Capital Markets from $174.00 to $205.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm currently has a “neutral” rating on the apparel retailer’s stock. Daiwa Capital Markets’ target price points to a potential downside of 0.63% from the stock’s current price.

LULU has been the subject of several other reports. Barclays lifted their target price on lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Friday. Robert W. Baird upped their target price on shares of lululemon athletica from $195.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday. Evercore ISI lifted their price target on shares of lululemon athletica from $180.00 to $215.00 in a research note on Friday. Citigroup increased their price objective on lululemon athletica from $190.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research report on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $227.15.

lululemon athletica Trading Up 0.6%

lululemon athletica stock opened at $206.29 on Tuesday. lululemon athletica has a 12-month low of $159.25 and a 12-month high of $423.32. The firm has a 50-day moving average price of $175.13 and a 200-day moving average price of $200.35. The firm has a market capitalization of $24.46 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 12.71 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $2.48 billion. During the same quarter last year, the firm earned $2.53 earnings per share. The firm’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. As a group, sell-side analysts predict that lululemon athletica will post 14.36 earnings per share for the current fiscal year.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the 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 directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

A number of hedge funds and other institutional investors have recently bought and sold shares of LULU. Vanguard Group Inc. grew its holdings in lululemon athletica by 3.9% in the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after purchasing an additional 521,915 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in lululemon athletica by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after acquiring an additional 162,295 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of lululemon athletica by 9.0% during the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after acquiring an additional 394,706 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of lululemon athletica by 16.2% during the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after buying an additional 413,062 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after buying an additional 490,127 shares during the period. Hedge funds and other 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.