lululemon athletica’s (LULU) “Hold” Rating Reiterated at Argus

Argus restated their hold rating on shares of lululemon athletica (NASDAQ:LULU) in a report issued on Monday morning,Benzinga reports.

Several other equities research analysts have also recently issued reports on LULU. Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research note on Friday, September 4th. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 19th. Daiwa Securities Group dropped their target price on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reduced 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, The Goldman Sachs Group decreased their price target on lululemon athletica from $111.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and an average price target of $111.54.

lululemon athletica Trading Down 2.4%

Shares of LULU opened at $95.98 on Monday. The stock’s 50 day moving average is $115.78 and its two-hundred day moving average is $131.41. lululemon athletica has a twelve month low of $95.67 and a twelve month high of $225.98. The firm has a market capitalization of $11.12 billion, a PE ratio of 7.86, a P/E/G ratio of 2.35 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The company’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same period in the prior year, the business posted $3.10 EPS. 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. On average, sell-side analysts predict that lululemon athletica will post 9.54 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Tidal Investments LLC grew its position in lululemon athletica by 32.5% during the second quarter. Tidal Investments LLC now owns 43,678 shares of the apparel retailer’s stock valued at $4,987,000 after acquiring an additional 10,725 shares during the period. Baird Financial Group Inc. grew its holdings in shares of lululemon athletica by 7.4% during the 2nd quarter. Baird Financial Group Inc. now owns 413,412 shares of the apparel retailer’s stock worth $47,203,000 after purchasing an additional 28,643 shares during the period. Beacon Investment Advisory Services Inc. grew its holdings in shares of lululemon athletica by 14.1% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 5,214 shares of the apparel retailer’s stock worth $595,000 after purchasing an additional 645 shares during the period. Nykredit A S acquired a new stake in lululemon athletica during the 2nd quarter worth approximately $5,956,000. Finally, HighTower Advisors LLC increased its position in lululemon athletica by 37.0% during the 2nd quarter. HighTower Advisors LLC now owns 30,841 shares of the apparel retailer’s stock worth $3,521,000 after purchasing an additional 8,336 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: New CEO Heidi O’Neill officially assumed the role on September 8, replacing interim co-CEOs Meghan Frank and Andre Maestrini. The leadership transition could help improve execution and restore investor confidence, although benefits are likely to take time. Lululemon Athletica Resets Leadership

About lululemon athletica

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.