What is Zacks Research’s Estimate for LULU FY2028 Earnings?

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

Lululemon Athletica (NASDAQ:LULU) last posted its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, topping the consensus estimate of $5.85 by $0.29. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The business had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same period last year, the company earned $5.29 EPS. The firm’s revenue was up 12.3% compared to the same quarter last year.

Other research analysts have also issued reports about the company. Telsey Advisory Group lowered their target price on Lululemon Athletica from $445.00 to $385.00 and set an “outperform” rating for the company in a research report on Friday, March 28th. Bank of America lowered their price objective on Lululemon Athletica from $480.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, March 28th. Oppenheimer upped their target price on Lululemon Athletica from $380.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Raymond James restated a “market perform” rating and set a $430.00 price target on shares of Lululemon Athletica in a report on Friday, March 28th. Finally, Sanford C. Bernstein raised shares of Lululemon Athletica from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $360.00 to $460.00 in a research note on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $371.79.

Lululemon Athletica Stock Performance

Shares of NASDAQ:LULU opened at $261.03 on Monday. Lululemon Athletica has a 52 week low of $226.01 and a 52 week high of $423.32. The firm has a market cap of $31.49 billion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31. The firm’s fifty day moving average is $332.40 and its 200-day moving average is $339.76.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD raised its holdings in shares of Lululemon Athletica by 95.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,848,613 shares of the apparel retailer’s stock worth $1,854,160,000 after acquiring an additional 2,371,079 shares during the last quarter. Mawer Investment Management Ltd. purchased a new stake in shares of Lululemon Athletica in the fourth quarter worth approximately $523,520,000. Diamond Hill Capital Management Inc. bought a new position in shares of Lululemon Athletica in the fourth quarter valued at approximately $370,062,000. Alliancebernstein L.P. boosted its position in shares of Lululemon Athletica by 14.9% during the fourth quarter. Alliancebernstein L.P. now owns 4,397,588 shares of the apparel retailer’s stock valued at $1,681,682,000 after buying an additional 571,657 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Lululemon Athletica by 37,062.1% during the first quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer’s stock worth $159,364,000 after buying an additional 561,491 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

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.