1 week Ago By ABMN Staff
Shares of Lululemon Athletica Inc. ( NASDAQ:LULU – Get Free Report ) have been assigned a consensus recommendation of “Moderate Buy” from the thirty ratings firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eighteen have assigned a buy rating to the company.
The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $377.63. LULU has been the subject of several research reports.
TD Securities lifted their price target on Lululemon Athletica from $382.00 to $383.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.
Barclays lifted their target price on shares of Lululemon Athletica from $261.00 to $378.00 and gave the stock an “equal weight” rating in a research report on Friday, December 6th.
TD Cowen increased their price target on shares of Lululemon Athletica from $382.00 to $383.00 in a research report on Thursday, December 5th.
William Blair reissued an “outperform” rating on shares of Lululemon Athletica in a research note on Friday, December 6th. Finally, Piper Sandler upped their target price on Lululemon Athletica from $260.00 to $340.
00 and gave the company a “neutral” rating in a research note on Friday, December 6th. Get Our Latest Research Report on LULU Insider Transactions at Lululemon Athletica Institutional Investors Weigh In On Lululemon Athletica A number of hedge funds have recently bought and sold shares of LULU. Larson Financial Group LLC boosted its stake in shares of Lululemon Athletica by 78.
2% during the 2nd quarter. Larson Financial Group LLC now owns 98 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 43 shares during the last quarter. Paladin Wealth LLC bought a new position in Lululemon Athletica during the 3rd quarter valued at $29,000.
JFS Wealth Advisors LLC grew its holdings in Lululemon Athletica by 127.5% during the 3rd quarter. JFS Wealth Advisors LLC now owns 116 shares of the apparel retailer’s stock worth $31,000 after acquiring an additional 65 shares in the last quarter.
HHM Wealth Advisors LLC increased its position in shares of Lululemon Athletica by 66.7% in the 2nd quarter. HHM Wealth Advisors LLC now owns 115 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 46 shares during the last quarter.
Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Lululemon Athletica in the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 85.20% of the company’s stock.
Lululemon Athletica Stock Performance Shares of NASDAQ LULU opened at $378.18 on Wednesday. Lululemon Athletica has a one year low of $226.
01 and a one year high of $502.00. The firm has a market capitalization of $46.
06 billion, a P/E ratio of 27.31, a PEG ratio of 2.78 and a beta of 1.
23. The company’s fifty day moving average is $345.74 and its two-hundred day moving average is $298.
57. Lululemon Athletica ( NASDAQ:LULU – Get Free Report ) last released its quarterly earnings data on Thursday, December 5th. The apparel retailer reported $2.
87 EPS for the quarter, topping analysts’ consensus estimates of $2.69 by $0.18.
Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%.
The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.36 billion.
During the same quarter in the previous year, the firm earned $2.53 earnings per share. The firm’s revenue was up 9.
1% on a year-over-year basis. On average, sell-side analysts forecast that Lululemon Athletica will post 14.17 earnings per share for the current fiscal year.
Lululemon Athletica Company Profile ( Get Free Report 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.
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