FY2028 Earnings Estimate for LULU Issued By Zacks Research

Lululemon Athletica Inc. (NASDAQ:LULU) – Equities research analysts at Zacks Research issued their FY2028 earnings per share estimates for Lululemon Athletica in a research note issued to investors on Thursday, April 10th. Zacks Research analyst R. Lohia anticipates that the apparel retailer will earn $18.02 per share for the year. The consensus estimate for Lululemon Athletica’s current full-year earnings is $14.36 per share.

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

A number of other analysts have also recently issued reports on LULU. Sanford C. Bernstein upgraded shares of Lululemon Athletica from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $360.00 to $460.00 in a research note on Tuesday, January 7th. Citigroup set a $330.00 price objective on shares of Lululemon Athletica and gave the stock a “negative” rating in a report on Friday, March 28th. JPMorgan Chase & Co. reduced their price target on Lululemon Athletica from $391.00 to $389.00 and set an “overweight” rating for the company in a research report on Monday. UBS Group decreased their target price on Lululemon Athletica from $376.00 to $335.00 and set a “neutral” rating for the company in a research report on Friday, March 28th. Finally, Needham & Company LLC reduced their price objective on shares of Lululemon Athletica from $475.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, March 26th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $371.72.

Lululemon Athletica Price Performance

Shares of LULU stock opened at $259.76 on Monday. The firm has a market cap of $31.34 billion, a P/E ratio of 18.76, a PEG ratio of 2.22 and a beta of 1.31. Lululemon Athletica has a fifty-two week low of $226.01 and a fifty-two week high of $423.32. The stock’s 50-day moving average is $329.34 and its two-hundred day moving average is $339.62.

Institutional Investors Weigh In On Lululemon Athletica

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Beacon Capital Management LLC raised its position in Lululemon Athletica by 6.9% in the fourth quarter. Beacon Capital Management LLC now owns 372 shares of the apparel retailer’s stock valued at $142,000 after purchasing an additional 24 shares during the last quarter. Edgestream Partners L.P. grew its holdings in Lululemon Athletica by 0.7% during the 4th quarter. Edgestream Partners L.P. now owns 3,539 shares of the apparel retailer’s stock worth $1,353,000 after acquiring an additional 25 shares during the last quarter. SeaCrest Wealth Management LLC increased its position in Lululemon Athletica by 2.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 1,018 shares of the apparel retailer’s stock valued at $389,000 after acquiring an additional 26 shares during the period. Dnca Finance lifted its holdings in shares of Lululemon Athletica by 15.1% during the fourth quarter. Dnca Finance now owns 198 shares of the apparel retailer’s stock worth $76,000 after purchasing an additional 26 shares during the period. Finally, Capital Advisors Ltd. LLC grew its stake in shares of Lululemon Athletica by 9.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 325 shares of the apparel retailer’s stock worth $124,000 after purchasing an additional 28 shares during the last quarter. 85.20% of the stock is owned by institutional investors.

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.