lululemon athleticaLULU
Market Cap: $31.2B
About: Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 700 company-owned stores in about 20 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Employees: 38,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 445 | Existing positions reduced: 353
2.07% more ownership
Funds ownership: 88.54% [Q1] → 90.62% (+2.07%) [Q2]
10% less funds holding
Funds holding: 1,158 [Q1] → 1,040 (-118) [Q2]
22% less call options, than puts
Call options by funds: $1.84B | Put options by funds: $2.37B
25% less capital invested
Capital invested by funds: $41.8B [Q1] → $31.3B (-$10.5B) [Q2]
50% less first-time investments, than exits
New positions opened: 120 | Existing positions closed: 238
60% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 4 (-6) [Q2]
Research analyst outlook
31 Wall Street Analysts provided 1 year price targets over the past 3 months
31 analyst ratings
Keybanc Ashley Owens 25% 1-year accuracy 1 / 4 met price target | 38%upside $350 | Overweight Maintained | 30 Aug 2024 |
Barclays Adrienne Yih 45% 1-year accuracy 24 / 53 met price target | 3%upside $261 | Equal-Weight Maintained | 30 Aug 2024 |
Piper Sandler Anna Andreeva 43% 1-year accuracy 20 / 46 met price target | 2%upside $260 | Neutral Maintained | 30 Aug 2024 |
TD Cowen John Kernan 51% 1-year accuracy 22 / 43 met price target | 50%upside $382 | Buy Maintained | 30 Aug 2024 |
Raymond James Rick Patel 62% 1-year accuracy 18 / 29 met price target | 28%upside $325 | Outperform Maintained | 30 Aug 2024 |
Financial journalist opinion
Based on 411 articles about LULU published over the past 30 days