lululemon athletica (NASDAQ:LULU) Receives Neutral Rating from Robert W. Baird

Robert W. Baird reaffirmed their neutral rating on shares of lululemon athletica (NASDAQ:LULU) in a report issued on Tuesday, MarketBeat.com reports. The brokerage currently has a $195.00 price target on the apparel retailer’s stock, down from their previous price target of $225.00.

LULU has been the subject of several other research reports. Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. KeyCorp downgraded shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, September 9th. Needham & Company LLC decreased their price target on shares of lululemon athletica from $238.00 to $192.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Sanford C. Bernstein decreased their price target on shares of lululemon athletica from $350.00 to $220.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Finally, UBS Group decreased their price target on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, lululemon athletica currently has an average rating of “Hold” and a consensus price target of $234.64.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $172.01 on Tuesday. The company has a market cap of $20.40 billion, a price-to-earnings ratio of 11.69, a PEG ratio of 11.19 and a beta of 1.12. The firm has a 50 day simple moving average of $193.13 and a 200 day simple moving average of $247.86. lululemon athletica has a one year low of $159.25 and a one year high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, analysts expect that lululemon athletica will post 14.36 EPS for the current year.

Institutional Investors Weigh In On lululemon athletica

Several large investors have recently modified their holdings of the company. Caldwell Trust Co acquired a new stake in shares of lululemon athletica during the second quarter worth $850,000. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of lululemon athletica by 464.0% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after buying an additional 116 shares during the period. Osaic Holdings Inc. increased its position in shares of lululemon athletica by 28.8% during the second quarter. Osaic Holdings Inc. now owns 39,299 shares of the apparel retailer’s stock worth $9,678,000 after buying an additional 8,797 shares during the period. American Trust increased its position in shares of lululemon athletica by 16.2% during the second quarter. American Trust now owns 3,474 shares of the apparel retailer’s stock worth $825,000 after buying an additional 484 shares during the period. Finally, Centaurus Financial Inc. grew its holdings in lululemon athletica by 10.1% in the second quarter. Centaurus Financial Inc. now owns 1,405 shares of the apparel retailer’s stock worth $334,000 after purchasing an additional 129 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.

About lululemon athletica

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.