lululemon athletica (NASDAQ:LULU) Receives “Hold” Rating from Needham & Company LLC

lululemon athletica (NASDAQ:LULUGet Free Report)‘s stock had its “hold” rating restated by analysts at Needham & Company LLC in a research note issued on Friday,Benzinga reports.

A number of other equities research analysts also recently weighed in on the company. Jefferies Financial Group reduced their target price on lululemon athletica from $170.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, April 28th. The Goldman Sachs Group lowered their price target on lululemon athletica from $200.00 to $184.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Sanford C. Bernstein dropped their price objective on lululemon athletica from $180.00 to $170.00 and set a “market perform” rating for the company in a research report on Wednesday. Telsey Advisory Group reduced their price objective on lululemon athletica from $215.00 to $175.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 18th. Finally, UBS Group decreased their target price on lululemon athletica from $176.00 to $153.00 and set a “neutral” rating on the stock in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $194.95.

Check Out Our Latest Analysis on lululemon athletica

lululemon athletica Stock Down 0.9%

Shares of lululemon athletica stock opened at $124.92 on Friday. The firm’s 50-day moving average price is $142.08 and its two-hundred day moving average price is $170.35. The company has a market capitalization of $15.08 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 3.89 and a beta of 0.87. lululemon athletica has a 12-month low of $116.63 and a 12-month high of $338.49.

lululemon athletica (NASDAQ:LULUGet Free Report) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.43 billion. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.60 EPS. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. On average, sell-side analysts expect that lululemon athletica will post 12.26 earnings per share for the current year.

Insider Activity

In related news, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares in the company, valued at $3,084,116. This trade represents a 3.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles V. Bergh bought 6,090 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the completion of the transaction, the director owned 6,090 shares in the company, valued at $999,978. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in lululemon athletica in the fourth quarter valued at $429,000. NewEdge Advisors LLC increased its stake in shares of lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after buying an additional 186 shares during the period. Glenview Trust co raised its position in shares of lululemon athletica by 39.9% during the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock worth $237,000 after acquiring an additional 284 shares during the last quarter. Diversify Advisory Services LLC bought a new position in shares of lululemon athletica during the second quarter worth about $508,000. Finally, Raymond James Financial Inc. lifted its stake in shares of lululemon athletica by 10.7% in the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after acquiring an additional 10,891 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica News Summary

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

About lululemon athletica

(Get Free Report)

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.

See Also

Analyst Recommendations for lululemon athletica (NASDAQ:LULU)

Receive News & Ratings for lululemon athletica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for lululemon athletica and related companies with MarketBeat.com's FREE daily email newsletter.