lululemon athletica inc. (NASDAQ:LULU) Given Consensus Rating of "Moderate Buy" by Analysts

lululemon athletica inc. (NASDAQ:LULU - Get Free Report) has earned an average recommendation of "Moderate Buy" from the thirty-one brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $340.26.

Several research firms have weighed in on LULU. Morgan Stanley reissued an "equal weight" rating and issued a $280.00 target price (down previously from $346.00) on shares of lululemon athletica in a report on Monday, June 9th. Needham & Company LLC cut their target price on shares of lululemon athletica from $366.00 to $317.00 and set a "buy" rating for the company in a research report on Friday, June 6th. William Blair reiterated an "outperform" rating on shares of lululemon athletica in a research report on Thursday, April 3rd. UBS Group cut their price objective on lululemon athletica from $330.00 to $290.00 and set a "neutral" rating for the company in a research report on Friday, June 6th. Finally, Raymond James Financial reiterated a "market perform" rating and set a $430.00 target price on shares of lululemon athletica in a report on Friday, March 28th.

Institutional Trading of lululemon athletica

Large investors have recently bought and sold shares of the company. Edgestream Partners L.P. boosted its stake in shares of lululemon athletica by 0.7% in the fourth quarter. Edgestream Partners L.P. now owns 3,539 shares of the apparel retailer's stock valued at $1,353,000 after purchasing an additional 25 shares during the period. Dnca Finance lifted its holdings in lululemon athletica by 15.1% in the 4th quarter. Dnca Finance now owns 198 shares of the apparel retailer's stock worth $76,000 after buying an additional 26 shares in the last quarter. Capital Advisors Ltd. LLC lifted its holdings in lululemon athletica by 9.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 325 shares of the apparel retailer's stock worth $124,000 after buying an additional 28 shares in the last quarter. LGT Fund Management Co Ltd. boosted its position in lululemon athletica by 3.3% in the 4th quarter. LGT Fund Management Co Ltd. now owns 930 shares of the apparel retailer's stock valued at $356,000 after buying an additional 30 shares during the last quarter. Finally, Aviance Capital Partners LLC grew its stake in shares of lululemon athletica by 0.5% during the fourth quarter. Aviance Capital Partners LLC now owns 5,836 shares of the apparel retailer's stock valued at $2,232,000 after acquiring an additional 31 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Stock Performance

NASDAQ:LULU traded down $1.41 during trading hours on Wednesday, hitting $231.52. The company's stock had a trading volume of 2,666,416 shares, compared to its average volume of 2,269,530. The company has a market capitalization of $27.75 billion, a PE ratio of 15.69, a PEG ratio of 2.07 and a beta of 1.26. lululemon athletica has a 52-week low of $219.97 and a 52-week high of $423.32. The business's 50-day moving average is $280.58 and its two-hundred day moving average is $330.28.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, hitting analysts' consensus estimates of $2.60. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the firm earned $2.54 earnings per share. The firm's revenue was up 7.3% on a year-over-year basis. As a group, analysts predict that lululemon athletica will post 14.36 EPS for the current fiscal year.

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.