lululemon athletica (NASDAQ:LULU) Price Target Cut to $189.00 by Analysts at UBS Group

lululemon athletica (NASDAQ:LULU) had its target price lowered by stock analysts at UBS Group from $206.00 to $189.00 in a research report issued on Monday,MarketScreener reports. UBS Group’s price objective points to a potential upside of 11.09% from the company’s current price.

A number of other analysts have also recently issued reports on LULU. BNP Paribas Exane decreased their target price on lululemon athletica from $230.00 to $206.00 and set a “neutral” rating for the company in a report on Friday, January 23rd. Robert W. Baird raised their price target on shares of lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a research note on Friday, November 21st. Evercore increased their price objective on shares of lululemon athletica from $180.00 to $215.00 in a research report on Friday, December 12th. Finally, Daiwa Securities Group raised their target price on shares of lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $225.78.

lululemon athletica Trading Down 1.8%

Shares of LULU opened at $170.13 on Monday. lululemon athletica has a twelve month low of $159.25 and a twelve month high of $348.50. The firm has a market capitalization of $19.96 billion, a P/E ratio of 11.79, a price-to-earnings-growth ratio of 10.71 and a beta of 1.00. The stock’s fifty day simple moving average is $188.88 and its 200 day simple moving average is $183.65.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. The firm 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%.The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts predict that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the transaction, the insider directly owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. The trade was a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

A number of hedge funds have recently made changes to their positions in LULU. Cornerstone Planning Group LLC lifted its position in shares of lululemon athletica by 81.9% during the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares in the last quarter. Integrated Financial Solutions Inc. purchased a new stake in lululemon athletica during the 4th quarter worth $26,000. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica in the 4th quarter worth $26,000. Murphy & Mullick Capital Management Corp lifted its holdings in lululemon athletica by 187.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after buying an additional 105 shares in the last quarter. Finally, GoalVest Advisory LLC purchased a new position in lululemon athletica in the 4th quarter valued at about $27,000. Hedge funds and other 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.