Lululemon Athletica (NASDAQ:LULU) Releases Q1 Earnings Guidance

Lululemon Athletica (NASDAQ:LULU) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.53-$2.58 for the period, compared to the consensus earnings per share estimate of $2.72. The company issued revenue guidance of $2.335-$2.355 billion, compared to the consensus revenue estimate of $2.39 billion. Lululemon Athletica also updated its FY 2025 guidance to 14.950-15.150 EPS.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on LULU shares. Telsey Advisory Group reduced their price objective on shares of Lululemon Athletica from $445.00 to $385.00 and set an “outperform” rating on the stock in a research note on Friday. Morgan Stanley reduced their price target on shares of Lululemon Athletica from $411.00 to $373.00 and set an “overweight” rating on the stock in a research report on Friday. UBS Group lowered their price objective on shares of Lululemon Athletica from $376.00 to $335.00 and set a “neutral” rating for the company in a research report on Friday. William Blair reiterated an “outperform” rating on shares of Lululemon Athletica in a research note on Friday, December 6th. Finally, TD Cowen increased their target price on shares of Lululemon Athletica from $382.00 to $383.00 in a report on Thursday, December 5th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Lululemon Athletica presently has a consensus rating of “Moderate Buy” and an average target price of $380.72.

Lululemon Athletica Stock Performance

Shares of LULU stock opened at $293.06 on Friday. Lululemon Athletica has a fifty-two week low of $226.01 and a fifty-two week high of $423.32. The stock has a 50 day simple moving average of $364.63 and a two-hundred day simple moving average of $338.98. The company has a market cap of $35.69 billion, a P/E ratio of 21.16, a PEG ratio of 2.22 and a beta of 1.21.

Lululemon Athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.85 by $0.29. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The company had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.59 billion. During the same quarter in the prior year, the firm earned $5.29 EPS. The business’s revenue was up 12.3% on a year-over-year basis. On average, research analysts predict that Lululemon Athletica will post 14.36 earnings per share for the current year.

Hedge Funds Weigh In On Lululemon Athletica

A hedge fund recently bought a new stake in Lululemon Athletica stock. Brighton Jones LLC bought a new stake in shares of Lululemon Athletica Inc. (NASDAQ:LULU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,121 shares of the apparel retailer’s stock, valued at approximately $429,000. Hedge funds and other 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.