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Lululemon Athletica inc. (LULU) Issues FY18 Earnings Guidance

31 March 2017

Lululemon Athletica has an average price target of $72.14, which is a further upside of 8.81%. An influential analyst on Wall Street may give a stock that is now trading at $60 a one-year price target of $90; however, there is no concrete way to calculate a price target.

A number of analysts recently weighed in on the stock.

"The magnitude of the trend reversal for Lululemon was surprising", wrote Evercore ISI analyst Omar Saad in a research note. Essentially, a price target is an individual analyst's expectation on the future price of a security, usually a stock.

Lululemon Athletica Inc. (NASDAQ:LULU)'s market cap, the total dollar value of all of their outstanding shares, is 9001.55m. It dived, as 51 investors sold Lululemon Athletica inc. shares while 108 reduced holdings. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty have assigned a buy rating to the stock. The rating was maintained by SunTrust on Thursday, June 9 with "Buy". (LULU) in which Goldman Sachs Upgrades Lululemon Athletica Inc. (NASDAQ:LULU) has risen 10.95% over the past 6 months and is uptrending.

Currently, Walt Disney Company (The) Commo has a price to earnings ratio of 20.324.

Lululemon Athletica inc. had a net margin of 12.60% and a return on equity of 24.32%. (NASDAQ:LULU) are taking a new position, one that's certainly in the downward category, after the company reported Q4 earnings and disappointing guidance.

The Vancouver-based retailer also reported a jump in earnings Wednesday but missed analyst estimates by a penny, with profit rising to US99 cents per share, or US$136.1 million in the period ended January 29, compared with earnings of, US85 cents (US$117.4 million) in the same period of 2015. The firm had revenue of $789 million for the quarter, compared to the consensus estimate of $783.32 million.

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In the last Quarter, Lululemon Athletica Inc.

In 2017, Lululemon is calling for earnings in the range of $2.26 to $2.36 per share on revenue of $2.55 billion to $2.6 billion.

12/08/2016 - lululemon athletica inc. had its " rating reiterated by analysts at Jefferies. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark laws. The legal version of this article can be read at https://www.chaffeybreeze.com/2017/03/30/lululemon-athletica-inc-lulu-rating-reiterated-by-jefferies-group-llc.html. The stock has recent support above $61.70 and recent resistance below $66.50. Van ECK Associates Corp increased its stake in shares of Lululemon Athletica inc.by 2.9% in the fourth quarter.

During last one month it showed the change of 1.59%.

Despite several big purchases by Dave Briggs, Lululemon warns that overall sales this quarter will drop. (LULU) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Lululemon Athletica Inc.

Total comparable sales, which includes comparable store sales and direct-to-consumer, increased 8%.

Lululemon Athletica inc. (LULU) Issues FY18 Earnings Guidance