Lululemon Athletica (NASDAQ:LULU) Price Target Raised to $445.00

Lululemon Athletica (NASDAQ:LULU) had its target price lifted by analysts at Telsey Advisory Group from $430.00 to $445.00 in a report issued on Tuesday, MarketBeat.com reports. The firm presently has an “outperform” rating on the apparel retailer’s stock. Telsey Advisory Group’s price target indicates a potential upside of 18.14% from the stock’s previous close. Telsey Advisory Group also issued estimates for Lululemon Athletica’s FY2025 earnings at $14.38 EPS and FY2026 earnings at $15.51 EPS.

LULU has been the topic of several other research reports. Sanford C. Bernstein upgraded shares of Lululemon Athletica from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $360.00 to $460.00 in a research note on Tuesday, January 7th. TD Securities increased their target price on shares of Lululemon Athletica from $382.00 to $383.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Piper Sandler boosted their price target on Lululemon Athletica from $260.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, December 6th. Evercore ISI increased their price objective on Lululemon Athletica from $300.00 to $355.00 and gave the company an “outperform” rating in a report on Monday, December 2nd. Finally, Guggenheim boosted their target price on Lululemon Athletica from $350.00 to $415.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $388.93.

Lululemon Athletica Trading Down 3.1 %

Shares of NASDAQ:LULU opened at $376.66 on Tuesday. The firm has a market cap of $45.87 billion, a price-to-earnings ratio of 27.20, a P/E/G ratio of 2.78 and a beta of 1.18. Lululemon Athletica has a 1 year low of $226.01 and a 1 year high of $491.30. The business has a fifty day simple moving average of $358.92 and a 200 day simple moving average of $303.06.

Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.69 by $0.18. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.36 billion. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the business earned $2.53 EPS. On average, sell-side analysts forecast that Lululemon Athletica will post 14.17 EPS for the current year.

Insider Buying and Selling at Lululemon Athletica

In other Lululemon Athletica news, insider Celeste Burgoyne sold 24,870 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $405.54, for a total transaction of $10,085,779.80. Following the transaction, the insider now owns 12,429 shares of the company’s stock, valued at approximately $5,040,456.66. This represents a 66.68 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nicole Neuburger sold 2,022 shares of Lululemon Athletica stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $387.11, for a total value of $782,736.42. Following the completion of the sale, the insider now directly owns 6,198 shares of the company’s stock, valued at $2,399,307.78. This trade represents a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Shepherd Financial Partners LLC acquired a new position in Lululemon Athletica in the third quarter valued at approximately $953,000. XTX Topco Ltd lifted its stake in shares of Lululemon Athletica by 281.4% in the 2nd quarter. XTX Topco Ltd now owns 8,894 shares of the apparel retailer’s stock valued at $2,657,000 after purchasing an additional 6,562 shares during the period. Rheos Capital Works Inc. boosted its position in shares of Lululemon Athletica by 19.2% in the 3rd quarter. Rheos Capital Works Inc. now owns 15,500 shares of the apparel retailer’s stock worth $4,206,000 after purchasing an additional 2,500 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of Lululemon Athletica by 198.8% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 6,860 shares of the apparel retailer’s stock worth $1,844,000 after purchasing an additional 4,564 shares during the last quarter. Finally, Caxton Associates LP grew its stake in shares of Lululemon Athletica by 6,702.7% during the second quarter. Caxton Associates LP now owns 60,000 shares of the apparel retailer’s stock worth $17,922,000 after purchasing an additional 59,118 shares during the period. 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.