Jefferies Financial Group Issues Positive Forecast for lululemon athletica (NASDAQ:LULU) Stock Price

lululemon athletica (NASDAQ:LULU) had its price objective increased by analysts at Jefferies Financial Group from $170.00 to $200.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the apparel retailer’s stock. Jefferies Financial Group’s price target points to a potential downside of 8.00% from the stock’s previous close.

LULU has been the topic of a number of other reports. Guggenheim assumed coverage on shares of lululemon athletica in a research note on Wednesday, December 10th. They issued a “neutral” rating on the stock. Bank of America lifted their price target on lululemon athletica from $185.00 to $220.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Wells Fargo & Company boosted their price target on lululemon athletica from $160.00 to $175.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. BTIG Research reaffirmed a “buy” rating and issued a $303.00 price objective on shares of lululemon athletica in a research note on Friday, December 12th. Finally, Sanford C. Bernstein cut lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price on the stock. in a research report on Thursday, October 16th. 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $228.19.

lululemon athletica Stock Up 4.6%

Shares of NASDAQ:LULU traded up $9.51 during trading on Thursday, reaching $217.38. 8,702,545 shares of the company traded hands, compared to its average volume of 3,517,732. The firm has a market capitalization of $25.78 billion, a PE ratio of 15.09, a PEG ratio of 12.76 and a beta of 1.01. lululemon athletica has a 52 week low of $159.25 and a 52 week high of $423.32. The company’s 50 day moving average is $176.46 and its two-hundred day moving average is $199.66.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.lululemon athletica’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.53 earnings per share. 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, research analysts anticipate that lululemon athletica will post 14.36 EPS for the current year.

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC grew its holdings in lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after acquiring an additional 68 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in shares of lululemon athletica by 187.5% during the third quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 105 shares during the period. Flaharty Asset Management LLC acquired a new position in shares of lululemon athletica during the first quarter worth $29,000. Blue Trust Inc. grew its stake in shares of lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in lululemon athletica in the second quarter valued at $30,000. 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.