Key Points
- Insider sale: Celeste Burgoyne sold 13,511 shares on December 16 at an average of $204 for total proceeds of $2,756,244, leaving her with 5,318 shares (a 71.76% reduction in her direct holding).
- Earnings beat and guidance: lululemon reported $2.59 EPS and $2.57B revenue for the quarter (beating estimates) and set FY2025 guidance of 12.920–13.020 EPS with Q4 guidance of 4.660–4.760 EPS.
- Market and analyst stance: The stock trades around $215 with a $25.5B market cap, is 85.2% institutionally owned (notably Vanguard and Norges Bank), and carries a consensus "Hold" rating with a $228.19 price target.
lululemon athletica inc. (NASDAQ:LULU - Get Free Report) insider Celeste Burgoyne sold 13,511 shares of the firm's stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the transaction, the insider directly owned 5,318 shares of the company's stock, valued at approximately $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
lululemon athletica Stock Performance
Shares of lululemon athletica stock opened at $215.11 on Friday. The firm has a market cap of $25.51 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 12.83 and a beta of 1.01. The firm's 50-day simple moving average is $177.29 and its 200-day simple moving average is $199.76. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32.
lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping analysts' consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same period last year, the firm earned $2.53 earnings per share. The company's revenue for the quarter was up 7.1% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. On average, equities analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new position in shares of lululemon athletica during the second quarter worth approximately $217,344,000. Vanguard Group Inc. increased its position in lululemon athletica by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer's stock valued at $2,452,394,000 after acquiring an additional 521,915 shares during the period. Invesco Ltd. raised its stake in lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer's stock valued at $391,544,000 after acquiring an additional 490,127 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its stake in lululemon athletica by 151.6% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer's stock valued at $218,052,000 after acquiring an additional 464,186 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in lululemon athletica by 2,598.9% during the 3rd quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer's stock worth $84,687,000 after acquiring an additional 458,322 shares during the period. 85.20% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
LULU has been the topic of several research reports. The Goldman Sachs Group upped their price target on lululemon athletica from $180.00 to $200.00 and gave the company a "neutral" rating in a research report on Friday, December 12th. Hsbc Global Res cut shares of lululemon athletica from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 11th. JPMorgan Chase & Co. lifted their price target on shares of lululemon athletica from $191.00 to $203.00 and gave the company a "neutral" rating in a report on Friday, December 12th. Baird R W downgraded shares of lululemon athletica from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 23rd. Finally, Wells Fargo & Company raised their target price on shares of lululemon athletica from $160.00 to $175.00 and gave the stock an "equal weight" rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica has a consensus rating of "Hold" and a consensus price target of $228.19.
Read Our Latest Stock Analysis on lululemon athletica
About lululemon athletica
(
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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