Brokers Offer Predictions for LULU FY2027 Earnings

Lululemon Athletica Inc. (NASDAQ:LULU) – Analysts at KeyCorp issued their FY2027 earnings per share estimates for shares of Lululemon Athletica in a note issued to investors on Wednesday, January 22nd. KeyCorp analyst A. Owens forecasts that the apparel retailer will post earnings of $17.28 per share for the year. KeyCorp has a “Overweight” rating and a $420.00 price objective on the stock. The consensus estimate for Lululemon Athletica’s current full-year earnings is $14.34 per share.

Lululemon Athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.18. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the firm posted $2.53 EPS. Lululemon Athletica’s revenue was up 9.1% on a year-over-year basis.

LULU has been the subject of several other reports. TD Cowen boosted their price objective on shares of Lululemon Athletica from $382.00 to $383.00 in a research note on Thursday, December 5th. Stifel Nicolaus reissued a “buy” rating and set a $438.00 price objective (up from $370.00) on shares of Lululemon Athletica in a research note on Friday, December 6th. Barclays boosted their price objective on shares of Lululemon Athletica from $378.00 to $411.00 and gave the company an “equal weight” rating in a research note on Thursday, January 16th. Guggenheim upped their price target on shares of Lululemon Athletica from $350.00 to $415.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Finally, Sanford C. Bernstein raised shares of Lululemon Athletica from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $360.00 to $460.00 in a research report on Tuesday, January 7th. Two equities research analysts have 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.com, the company has an average rating of “Moderate Buy” and a consensus target price of $391.00.

Lululemon Athletica Stock Up 3.1 %

Shares of NASDAQ LULU opened at $400.03 on Friday. Lululemon Athletica has a 52-week low of $226.01 and a 52-week high of $491.30. The firm has a fifty day moving average of $367.00 and a 200-day moving average of $306.74. The stock has a market capitalization of $48.72 billion, a PE ratio of 28.88, a P/E/G ratio of 2.50 and a beta of 1.18.

Insider Activity

In other news, insider Celeste Burgoyne sold 24,870 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $405.54, for a total value of $10,085,779.80. Following the sale, the insider now owns 12,429 shares in the company, valued at approximately $5,040,456.66. This represents a 66.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Nicole Neuburger sold 2,022 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $387.11, for a total transaction of $782,736.42. Following the completion of the sale, the insider now owns 6,198 shares in the company, valued at approximately $2,399,307.78. This trade represents a 24.60 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Lululemon Athletica

Several institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in Lululemon Athletica by 1.8% during the third quarter. Geode Capital Management LLC now owns 2,474,828 shares of the apparel retailer’s stock worth $669,036,000 after acquiring an additional 44,294 shares during the period. Legal & General Group Plc raised its stake in Lululemon Athletica by 3.7% during the second quarter. Legal & General Group Plc now owns 1,040,384 shares of the apparel retailer’s stock worth $310,763,000 after acquiring an additional 37,239 shares during the period. International Assets Investment Management LLC raised its stake in Lululemon Athletica by 74,856.2% during the third quarter. International Assets Investment Management LLC now owns 895,726 shares of the apparel retailer’s stock worth $243,055,000 after acquiring an additional 894,531 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Lululemon Athletica by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 702,294 shares of the apparel retailer’s stock worth $190,567,000 after acquiring an additional 19,808 shares during the period. Finally, Montrusco Bolton Investments Inc. raised its stake in Lululemon Athletica by 43.5% during the third quarter. Montrusco Bolton Investments Inc. now owns 611,814 shares of the apparel retailer’s stock worth $166,016,000 after acquiring an additional 185,440 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

About Lululemon Athletica

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.