lululemon athletica (NASDAQ:LULU) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of lululemon athletica (NASDAQ:LULU) from a strong sell rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

Several other equities research analysts also recently issued reports on the company. Stifel Nicolaus lowered their price target on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Rothschild & Co Redburn reduced their target price on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research note on Tuesday, June 16th. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. UBS Group decreased their target price on shares of lululemon athletica from $153.00 to $124.00 and set a “neutral” rating on the stock in a research report on Sunday, June 7th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, lululemon athletica has an average rating of “Reduce” and an average target price of $148.54.

lululemon athletica Stock Down 3.1%

LULU stock opened at $115.69 on Wednesday. lululemon athletica has a 12-month low of $104.44 and a 12-month high of $225.98. The company has a market cap of $13.73 billion, a price-to-earnings ratio of 9.34, a PEG ratio of 3.92 and a beta of 0.86. The company has a 50 day moving average of $117.37 and a two-hundred day moving average of $140.52.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.60 EPS. 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, research analysts anticipate that lululemon athletica will post 10.93 EPS for the current year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On lululemon athletica

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LULU. Uniplan Investment Counsel Inc. acquired a new position in shares of lululemon athletica in the 4th quarter valued at $26,000. Elyxium Wealth LLC bought a new position in lululemon athletica during the 4th quarter worth about $31,000. DV Equities LLC bought a new position in lululemon athletica during the 4th quarter worth about $31,000. GW&K Investment Management LLC raised its stake in shares of lululemon athletica by 70.3% in the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after purchasing an additional 78 shares during the period. Finally, Rexford Capital Inc. acquired a new stake in shares of lululemon athletica in the 1st quarter valued at about $31,000. Institutional investors own 85.20% of the company’s stock.

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.