lululemon athletica (NASDAQ:LULU) Hits New 12-Month Low – Time to Sell?

Shares of lululemon athletica inc. (NASDAQ:LULU) hit a new 52-week low during trading on Friday. The stock traded as low as $94.34 and last traded at $95.4570, with a volume of 840788 shares trading hands. The stock had previously closed at $95.86.

Analyst Ratings Changes

A number of brokerages have recently weighed in on LULU. Morgan Stanley reduced their price objective on shares of lululemon athletica from $93.00 to $83.00 and set an “underweight” rating for the company in a research note on Friday, September 4th. Barclays cut their target price on shares of lululemon athletica from $113.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, September 4th. Deutsche Bank Aktiengesellschaft lowered their price target on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research report on Monday, June 8th. Robert W. Baird dropped their price objective on lululemon athletica from $140.00 to $115.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Finally, Piper Sandler cut their price objective on lululemon athletica from $110.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $106.86.

lululemon athletica Trading Down 0.7%

The business’s fifty day moving average price is $112.06 and its 200 day moving average price is $125.99. The company has a market capitalization of $11.02 billion, a P/E ratio of 7.80, a P/E/G ratio of 2.29 and a beta of 0.93.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $1.13. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.10 earnings per share. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. Equities research analysts anticipate that lululemon athletica inc. will post 9.55 EPS for the current year.

Institutional Trading of lululemon athletica

A number of large investors have recently bought and sold shares of the stock. Rexford Capital Inc. bought a new position in shares of lululemon athletica during the first quarter valued at $31,000. Gould Capital LLC bought a new stake in shares of lululemon athletica in the 1st quarter worth about $32,000. Reflection Asset Management acquired a new stake in shares of lululemon athletica during the 4th quarter worth about $46,000. MCF Advisors LLC increased its position in shares of lululemon athletica by 139.2% during the 4th quarter. MCF Advisors LLC now owns 244 shares of the apparel retailer’s stock worth $51,000 after purchasing an additional 142 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new position in lululemon athletica during the 1st quarter valued at about $38,000. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Company Profile

lululemon athletica inc. is a Canada-based athletic apparel, footwear and accessories company known for products designed for yoga, running, training, tennis and other active pursuits. Its offerings include leggings, shorts, tops, jackets, sports bras, footwear, bags and related accessories for women and men.

Founded in Vancouver, British Columbia, in 1998, lululemon began as a yoga-focused apparel retailer and has expanded into a broader global athletic and lifestyle brand. The company sells products through its own retail stores, e-commerce platforms and selected wholesale channels.

lululemon serves customers across North America, Asia-Pacific, Europe and other international markets.