lululemon athletica (NASDAQ:LULU) Given a $190.00 Price Target by Citigroup Analysts

lululemon athletica (NASDAQ:LULU) received a $190.00 price objective from stock analysts at Citigroup in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a “neutral” rating on the apparel retailer’s stock. Citigroup’s price target points to a potential upside of 12.97% from the company’s current price.

A number of other brokerages have also recently commented on LULU. TD Securities decreased their price objective on lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research note on Friday, September 5th. JPMorgan Chase & Co. lowered their price target on lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. William Blair lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a research note on Friday, September 5th. Sanford C. Bernstein cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective for the company. in a report on Thursday, October 16th. Finally, Dbs Bank cut their target price on shares of lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica has a consensus rating of “Hold” and a consensus target price of $227.68.

lululemon athletica Price Performance

LULU opened at $168.18 on Thursday. The firm has a 50 day simple moving average of $171.01 and a 200 day simple moving average of $215.46. lululemon athletica has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The company has a market cap of $19.94 billion, a price-to-earnings ratio of 11.43, a price-to-earnings-growth ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $2.55 billion. During the same period last year, the firm earned $3.15 earnings per share. The business’s revenue for the quarter 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, analysts expect that lululemon athletica will post 14.36 EPS for the current year.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LULU. Manhattan West Asset Management LLC lifted its position in lululemon athletica by 5.4% during the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock worth $205,000 after buying an additional 37 shares in the last quarter. Horizon Investments LLC raised its holdings in lululemon athletica by 2.4% during the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock worth $456,000 after acquiring an additional 38 shares in the last quarter. GM Advisory Group LLC boosted its position in lululemon athletica by 2.0% during the first quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock valued at $564,000 after purchasing an additional 40 shares during the last quarter. Hancock Whitney Corp grew its stake in lululemon athletica by 4.6% in the first quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock valued at $269,000 after purchasing an additional 42 shares in the last quarter. Finally, Optimize Financial Inc increased its position in shares of lululemon athletica by 2.3% during the 1st quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock worth $578,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

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.