lululemon athletica inc. (NASDAQ:LULU – Get Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as $108.37 and last traded at $109.4630, with a volume of 458950 shares traded. The stock had previously closed at $111.77.
Wall Street Analysts Forecast Growth
LULU has been the subject of several research analyst reports. UBS Group decreased their target price on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research report on Sunday, June 7th. Sanford C. Bernstein dropped their price objective on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research note on Wednesday, June 3rd. BNP Paribas Exane lowered lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price for the company. in a research report on Friday, June 5th. Bank of America cut their price target on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Finally, Evercore decreased their price objective on lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $152.88.
Read Our Latest Research Report on LULU
lululemon athletica Trading Down 5.5%
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the business earned $2.60 EPS. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Research analysts predict that lululemon athletica inc. will post 11.14 earnings per share for the current fiscal year.
Insider Transactions at lululemon athletica
In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the purchase, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Nicole Neuburger sold 622 shares of the company’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total transaction of $100,142.00. Following the transaction, the insider owned 19,156 shares in the company, valued at approximately $3,084,116. This trade represents a 3.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.54% of the company’s stock.
Institutional Investors Weigh In On lululemon athletica
A number of large investors have recently made changes to their positions in the stock. Pacer Advisors Inc. increased its position in shares of lululemon athletica by 15.4% in the 1st quarter. Pacer Advisors Inc. now owns 415,398 shares of the apparel retailer’s stock valued at $63,597,000 after acquiring an additional 55,438 shares during the period. Rathbones Group PLC lifted its position in lululemon athletica by 17.5% during the 1st quarter. Rathbones Group PLC now owns 7,347 shares of the apparel retailer’s stock worth $1,125,000 after acquiring an additional 1,094 shares during the period. Pine Valley Investments Ltd Liability Co lifted its position in lululemon athletica by 585.6% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 16,530 shares of the apparel retailer’s stock worth $2,531,000 after acquiring an additional 14,119 shares during the period. NewEdge Advisors LLC grew its stake in lululemon athletica by 41.8% during the 1st quarter. NewEdge Advisors LLC now owns 14,922 shares of the apparel retailer’s stock valued at $2,285,000 after purchasing an additional 4,400 shares during the last quarter. Finally, Caerus Investment Advisors LLC purchased a new stake in lululemon athletica during the 1st quarter valued at about $294,000. 85.20% of the stock is owned by hedge funds and other institutional investors.
About lululemon athletica
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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