lululemon athletica inc. (NASDAQ:LULU) Receives Consensus Rating of “Hold” from Brokerages

lululemon athletica inc. (NASDAQ:LULU) has been assigned a consensus rating of “Hold” from the thirty-three research firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $203.8032.

A number of analysts have recently weighed in on LULU shares. Truist Financial dropped their price objective on lululemon athletica from $200.00 to $170.00 and set a “hold” rating for the company in a research note on Wednesday, March 18th. Wells Fargo & Company lowered their price target on shares of lululemon athletica from $175.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, March 18th. Stifel Nicolaus cut their price target on shares of lululemon athletica from $210.00 to $176.00 and set a “hold” rating on the stock in a report on Wednesday, March 18th. Telsey Advisory Group decreased their price objective on shares of lululemon athletica from $215.00 to $175.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 18th. Finally, BTIG Research lowered their price objective on shares of lululemon athletica from $250.00 to $225.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh purchased 6,090 shares of the stock in a transaction on Friday, March 20th. The stock was acquired at an average price of $164.20 per share, with a total value of $999,978.00. Following the transaction, the director directly owned 6,090 shares of the company’s stock, valued at approximately $999,978. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andre Maestrini acquired 3,275 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was acquired at an average price of $151.02 per share, with a total value of $494,590.50. Following the acquisition, the chief executive officer owned 34,551 shares in the company, valued at approximately $5,217,892.02. This trade represents a 10.47% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.54% of the stock is owned by company insiders.

Institutional Trading of lululemon athletica

Several large investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of lululemon athletica during the fourth quarter valued at about $362,598,000. Boston Partners purchased a new position in shares of lululemon athletica during the 4th quarter worth approximately $304,875,000. Vanguard Group Inc. raised its position in shares of lululemon athletica by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after acquiring an additional 521,915 shares in the last quarter. Invesco Ltd. lifted its stake in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of lululemon athletica by 77.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock valued at $203,457,000 after purchasing an additional 426,860 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

LULU stock opened at $125.19 on Friday. The company has a market capitalization of $15.11 billion, a PE ratio of 9.41, a price-to-earnings-growth ratio of 3.67 and a beta of 0.90. lululemon athletica has a one year low of $116.63 and a one year high of $340.25. The company’s 50 day moving average price is $149.52 and its two-hundred day moving average price is $173.41.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 EPS for the quarter, beating the consensus estimate of $4.78 by $0.23. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.59 billion. During the same quarter last year, the firm earned $6.14 EPS. The firm’s quarterly revenue was up .0% compared to the same quarter last year. On average, research analysts predict that lululemon athletica will post 12.3 EPS for the current year.

Key Headlines Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Some commentary suggests the stock may be oversold, with one article framing Lululemon as a potential bounce-back candidate after a steep decline. This could attract value-oriented buyers looking for a rebound. 1 Oversold Stock Ready to Bounce Back and 2 Facing Challenges
• Positive Sentiment: Lululemon’s founder said he wants to be “constructive” in resolving the dispute, which leaves open the possibility of a negotiated solution rather than a prolonged fight. Lululemon founder says he’ll be ‘constructive’ to solve dispute
• Neutral Sentiment: Wall Street coverage remains mixed, with some reports highlighting strong price targets for Lululemon while also noting that analysts can be overly optimistic. 1 of Wall Street’s Favorite Stock to Target This Week and 2 Facing Challenges
• Negative Sentiment: Several outlets say analysts are cautious on Lululemon’s outlook, citing underperformance versus the broader market and softer operating trends. lululemon athletica Stock: Is Wall Street Bullish or Bearish?
• Negative Sentiment: The founder-board conflict appears to be worsening, with reports that talks collapsed and the company now urging shareholders to back its board nominees ahead of a vote. That uncertainty can weigh on sentiment. Emails Show How Lululemon’s Peace Treaty With Its Founder Fell Apart Lululemon Founder Fight Heads to Shareholder Vote
• Negative Sentiment: Additional commentary argues the business problem is deeper than the governance fight, saying the brand’s model is flawed and the stock remains weak regardless of who is in charge. Lululemon Is A Dog, No Matter Who Runs It

lululemon athletica Company Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.