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

07 December, 2017, 13:37 | Author: Leticia Walters
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Needham & Company LLC reaffirmed a "buy" rating and set a $71.00 price objective (up previously from $69.00) on shares of lululemon athletica in a report on Friday, December 1st.

Creative Planning accumulated 16,573 shares. Alliancebernstein LP has 153,514 shares. Usa Portformulas Corp reported 14,422 shares.

Let's take a quick look at how the price of Lululemon Athletica Inc. The original version of this piece can be accessed at https://stocknewstimes.com/2017/12/06/lululemon-athletica-inc-lulu-shares-sold-by-sumitomo-mitsui-trust-holdings-inc.html. 688,201 were reported by Morgan Stanley. West Coast Ltd Limited Liability Company stated it has 78,631 shares or 1.96% of all its holdings. Gam Ag reported 42,242 shares. Citigroup holds 73,996 shares. Norges Bank purchased a new stake in shares of Lululemon Athletica inc. during the fourth quarter worth approximately $78,954,000. 20,946 were accumulated by Public Employees Retirement Association Of Colorado. Usa Fincl Portformulas Corporation has 0.21% invested in Lululemon Athletica Inc. (NASDAQ:LULU) in the 3rd quarter, according to its most recent filing with the SEC. Winslow Asset Management Inc bought 55,595 shares as the company's stock declined 26.14% while stock markets rallied.

For the fourth quarter of 2017, the company forecasts earnings in the range of $1.19 to $1.22 per share on an adjusted basis.

In terms of performance, shares of Lululemon Athletica Inc. The stock decreased 1.10% or $0.74 during the last trading session, reaching $66.48. About 1.59 million shares traded. (NASDAQ:LULU) stock moved 2.39% landing at $67.66. It has underperformed by 36.03% the S&P500.The move comes after 6 months positive chart setup for the $8.99B company. About 29.41 million shares traded or 48.29% up from the average.

Lululemon Athletica inc. (NASDAQ:LULU) late Wednesday posted market-beating third quarter earnings results and offered bullish guidance for the all-important holiday quarter, sending its shares surging higher in aftermarket trading. UBS maintained Lululemon Athletica Inc. (NASDAQ:LULU) were released by: Streetinsider.com and their article: "Lululemon Athletica Inc. (LULU) PT Raised to $75 at BofA/Merrill Lynch ..." with publication date: November 27, 2017. Crystal Rock Capital Management acquired a new position in lululemon athletica during the 2nd quarter valued at about $2,418,000. For the quarter ending Apr-18, 12 analysts have a mean sales target of 576.91 million whilst for the year ending Jan-17, 34 analysts have a mean target of 2,338.47 million. Stifel Nicolaus cut their target price on Lululemon Athletica inc. from $67.00 to $60.00 and set a hold rating on the stock in a research note on Thursday, March 30th. Parallax Volatility Advisers Lp reported 42,244 shares. Bender Robert reported 3.08% in Lululemon Athletica Inc. (NASDAQ:LULU) earned "Outperform" rating by Cowen & Co on Friday, September 11. The firm has "Buy" rating given on Thursday, March 31 by Nomura. On Wednesday, June 8 the stock rating was maintained by Mizuho with "Neutral". The firm has "Buy" rating by Bank of America given on Monday, August 21. Five analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. As per Tuesday, May 30, the company rating was maintained by Susquehanna. Goldman Sachs maintained Lululemon Athletica Inc. Barclays Capital has "Underweight" rating and $68 target. The company was maintained on Thursday, August 24 by KeyBanc Capital Markets.

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