Zacks Research Brokers Lower Earnings Estimates for LULU

lululemon athletica inc. (NASDAQ:LULU) – Analysts at Zacks Research decreased their Q2 2027 EPS estimates for lululemon athletica in a research note issued to investors on Tuesday, March 31st. Zacks Research analyst Team now expects that the apparel retailer will post earnings of $2.67 per share for the quarter, down from their previous forecast of $2.81. The consensus estimate for lululemon athletica’s current full-year earnings is $14.36 per share. Zacks Research also issued estimates for lululemon athletica’s Q3 2027 earnings at $2.66 EPS, Q2 2028 earnings at $2.98 EPS and Q3 2028 earnings at $2.88 EPS.

LULU has been the subject of several other reports. BTIG Research reduced their target price on lululemon athletica from $250.00 to $225.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. JPMorgan Chase & Co. dropped their price target on shares of lululemon athletica from $209.00 to $196.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Raymond James Financial restated a “strong-buy” rating on shares of lululemon athletica in a research note on Thursday, January 22nd. Truist Financial decreased their price objective on shares of lululemon athletica from $200.00 to $170.00 and set a “hold” rating for the company in a report on Wednesday, March 18th. Finally, Robert W. Baird lowered their target price on shares of lululemon athletica from $210.00 to $190.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, lululemon athletica currently has an average rating of “Hold” and a consensus price target of $206.77.

lululemon athletica Stock Performance

LULU opened at $153.10 on Wednesday. The company has a market cap of $18.48 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 4.48 and a beta of 1.00. The stock has a 50-day moving average of $172.49 and a 200-day moving average of $180.03. lululemon athletica has a 52-week low of $143.96 and a 52-week high of $340.25.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.78 by $0.23. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.59 billion. During the same period in the prior year, the company posted $6.14 earnings per share. lululemon athletica’s revenue for the quarter was up .0% on a year-over-year basis.

Hedge Funds Weigh In On lululemon athletica

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. MGO One Seven LLC raised its stake in lululemon athletica by 4.5% during the 3rd quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer’s stock valued at $238,000 after purchasing an additional 58 shares during the last quarter. Davis Investment Partners LLC grew its position in lululemon athletica by 2.9% in the 4th quarter. Davis Investment Partners LLC now owns 2,064 shares of the apparel retailer’s stock worth $435,000 after purchasing an additional 58 shares during the last quarter. Greenleaf Trust grew its position in lululemon athletica by 2.7% in the 3rd quarter. Greenleaf Trust now owns 2,319 shares of the apparel retailer’s stock worth $413,000 after purchasing an additional 62 shares during the last quarter. NorthRock Partners LLC increased its holdings in shares of lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock worth $276,000 after purchasing an additional 62 shares during the period. Finally, Cornerstone Planning Group LLC raised 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 valued at $25,000 after buying an additional 68 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

Insider Buying and Selling

In other lululemon athletica news, Director Charles V. Bergh purchased 6,090 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was bought at an average cost of $164.20 per share, for a total transaction of $999,978.00. Following the completion of the acquisition, the director directly owned 6,090 shares in the company, valued at $999,978. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

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.