Analyst Earnings Estimates Review: Lululemon Athletica Inc. (LULU)

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Its down 0.07, from 1.03 in 2017Q1.

Lululemon Athletica inc. (NASDAQ:LULU) continues to impress in its earnings as more and more people are becoming professional or casual yogis. 53 funds opened positions while 89 raised stakes. Over the past week, shares are 1.18%.

What's ahead for Lululemon Athletica? (NASDAQ:LULU) are 4.11% since the start of 2016.

Earnings per share were $59 million, or 43 cents per share, compared with earnings of $68 million (50 cents) in the same period of a year ago, due a decision to close the retailer's Ivivva stores in June. National Bank Of Montreal Can invested in 0.01% or 163,601 shares. APG Asset Management N.V. increased its position in lululemon athletica by 6.2% during the 3rd quarter. LULU is a #3 (Hold) on the Zacks Rank, and is up 5.75% to $71.90 per share in after-hours trading. Ls Invest Advsr Limited Liability Com invested in 0.01% or 1,548 shares.

Creative Planning accumulated 16,573 shares. Moreover, Clearbridge Ltd Company has 0% invested in Lululemon Athletica Inc. (NASDAQ:LULU) for 713 shares. (NASDAQ:LULU). Junto Mngmt LP invested in 1.34% or 255,700 shares. Barrett Asset Mngmt Limited Liability reported 100 shares or 0% of all its holdings.

Among 38 analysts covering Lululemon Athletica Inc. (NASDAQ:LULU). State Of Wisconsin Board reported 83,743 shares. New Amsterdam Prns Ltd New York has 32,397 shares for 0.41% of their portfolio. Zacks Investment Research downgraded lululemon athletica from a "hold" rating to a "sell" rating in a report on Tuesday, November 28th.

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Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TRADEMARK VIOLATION WARNING: "Quantitative Systematic Strategies LLC Buys New Stake in United Parcel Service, Inc ".

RBC Capital and their recent target price per share gives a potential downside of -0.98 % from the company's close price. As per Thursday, October 22, the company rating was maintained by UBS. Lululemon Athletica Inc. had 145 analyst reports since August 18, 2015 according to SRatingsIntel. Six investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 55% are positive.

Lululemon Athletica inc. has a 12-month low of $47.26 and a 12-month high of $81.81. The stock now has an average rating of "Hold" and a consensus target price of $65.27. (NASDAQ:LULU) news were published by: Nasdaq.com which released: "lululemon athletica Reaches Analyst Target Price" on November 13, 2017, also Streetinsider.com with their article: "Lululemon Athletica Inc". The firm earned "Buy" rating on Thursday, June 9 by SunTrust. The firm earned "Hold" rating on Tuesday, August 29 by Susquehanna. The firm's stock has a market capitalization of $9.09 bln. Jefferies maintained it with "Hold" rating and $60.0 target in Friday, September 1 report. The count of Hold ratings in that period was 1.

The stock increased 0.44% or $0.29 during the last trading session, reaching $66.65. About 1.37M shares traded.

NASDAQ:LULU) was down 0% (0) to $67.22 and showed a volume of 1.88 mln shares. It has underperformed by 36.03% the S&P500.

Chief Executive Laurent Potdevin said the strong results put the company on track to achieve its target of $4 billion in annual revenue in 2020.

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