Morgan Stanley Reiterates “Underweight” Rating for lululemon athletica (NASDAQ:LULU)

lululemon athletica (NASDAQ:LULU)‘s stock had its “underweight” rating reiterated by equities researchers at Morgan Stanley in a note issued to investors on Monday,Benzinga reports. They currently have a $93.00 target price on the apparel retailer’s stock. Morgan Stanley’s price target would suggest a potential downside of 18.84% from the company’s current price.

Several other equities analysts have also issued reports on LULU. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Robert W. Baird dropped their price objective on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a research note on Friday, June 26th. Deutsche Bank Aktiengesellschaft decreased their target price 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. Finally, BTIG Research cut shares of lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $149.35.

lululemon athletica Stock Performance

Shares of lululemon athletica stock traded down $3.85 on Monday, reaching $114.58. 1,719,754 shares of the stock were exchanged, compared to its average volume of 3,178,056. The firm has a market cap of $13.60 billion, a PE ratio of 9.25, a P/E/G ratio of 3.81 and a beta of 0.88. The firm’s 50 day moving average is $123.70 and its 200-day moving average is $160.66. lululemon athletica has a one year low of $104.44 and a one year high of $247.00.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same period last year, the firm posted $2.60 earnings per share. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. 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. On average, equities research analysts expect that lululemon athletica will post 11.14 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction on Monday, June 15th. The stock was acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nicole Neuburger sold 622 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. This represents a 3.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.54% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On lululemon athletica

Hedge funds have recently added to or reduced their stakes in the business. Integrated Financial Solutions Inc. acquired a new position in lululemon athletica in the 4th quarter valued at approximately $26,000. Uniplan Investment Counsel Inc. bought a new position in shares of lululemon athletica during the fourth quarter valued at $26,000. GoalVest Advisory LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth $27,000. Elyxium Wealth LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth $31,000. Finally, Rexford Capital Inc. bought a new stake in shares of lululemon athletica in the first quarter worth $31,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Company Profile

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.