lululemon athletica (NASDAQ:LULU) Upgraded at BNP Paribas

BNP Paribas upgraded shares of lululemon athletica (NASDAQ:LULU) from a strong sell rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

Several other analysts also recently issued reports on LULU. Sanford C. Bernstein downgraded lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target on the stock. in a report on Thursday, October 16th. Needham & Company LLC reaffirmed a “hold” rating and issued a $192.00 target price on shares of lululemon athletica in a research report on Thursday, September 25th. Stifel Nicolaus reissued a “hold” rating and set a $205.00 price target (down previously from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Monday, September 8th. Finally, Bank of America dropped their price objective on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, lululemon athletica has a consensus rating of “Hold” and a consensus target price of $228.42.

lululemon athletica Stock Performance

lululemon athletica stock opened at $178.29 on Monday. lululemon athletica has a 1 year low of $159.25 and a 1 year high of $423.32. The firm’s 50-day moving average is $180.72 and its 200-day moving average is $229.96. The company has a market cap of $21.14 billion, a P/E ratio of 12.12, a PEG ratio of 11.34 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the prior year, the business earned $3.15 earnings per share. lululemon athletica’s quarterly revenue was up 6.5% on a year-over-year basis. 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, sell-side analysts predict that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Activity

In other news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. WP Advisors LLC bought a new stake in lululemon athletica in the third quarter worth about $230,000. Absher Wealth Management LLC boosted its position in shares of lululemon athletica by 53.0% during the 3rd quarter. Absher Wealth Management LLC now owns 16,859 shares of the apparel retailer’s stock valued at $3,000,000 after purchasing an additional 5,840 shares in the last quarter. Greenleaf Trust grew its stake in shares of 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. Geneos Wealth Management Inc. raised its holdings in shares of lululemon athletica by 17.1% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,730 shares of the apparel retailer’s stock worth $308,000 after purchasing an additional 252 shares in the last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of lululemon athletica by 92.5% in the 3rd quarter. D.A. Davidson & CO. now owns 1,796 shares of the apparel retailer’s stock worth $320,000 after purchasing an additional 863 shares in the last quarter. 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.