Lululemon Athletica (NASDAQ:LULU) Issues Q1 Earnings Guidance

Lululemon Athletica (NASDAQ:LULU) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $2.53-$2.58 for the period, compared to the consensus EPS estimate of $2.72. The company issued revenue guidance of $2.335-$2.355 billion, compared to the consensus revenue estimate of $2.39 billion. Lululemon Athletica also updated its FY 2025 guidance to 14.950-15.150 EPS.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LULU. TD Cowen raised their price objective on shares of Lululemon Athletica from $382.00 to $383.00 in a research note on Thursday, December 5th. Robert W. Baird upped their price target on Lululemon Athletica from $380.00 to $440.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. BMO Capital Markets boosted their target price on Lululemon Athletica from $265.00 to $302.00 and gave the stock a “market perform” rating in a research report on Friday, December 6th. Needham & Company LLC dropped their price target on Lululemon Athletica from $475.00 to $430.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Lululemon Athletica from $292.00 to $396.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twenty have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $395.55.

Lululemon Athletica Stock Performance

Shares of NASDAQ LULU traded up $3.74 during midday trading on Thursday, reaching $341.53. 3,721,447 shares of the company’s stock were exchanged, compared to its average volume of 2,072,125. Lululemon Athletica has a 52-week low of $226.01 and a 52-week high of $423.32. The business’s fifty day moving average price is $366.84 and its two-hundred day moving average price is $338.65. The stock has a market capitalization of $41.59 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 2.22 and a beta of 1.21.

Lululemon Athletica (NASDAQ:LULU) last released its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, beating the consensus estimate of $5.85 by $0.29. The company had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.59 billion. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The business’s revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business posted $5.29 EPS. Analysts predict that Lululemon Athletica will post 14.36 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lululemon Athletica

A hedge fund recently bought a new stake in Lululemon Athletica stock. Brighton Jones LLC purchased a new stake in Lululemon Athletica Inc. (NASDAQ:LULU) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,121 shares of the apparel retailer’s stock, valued at approximately $429,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Lululemon Athletica Company Profile

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.