Where Can lululemon athletica inc. (NASDAQ:LULU) Go From Here?

(NASDAQ:LULU) to report earnings on Mar, 29 for the fiscal quarter ending Jan 2017. During the same quarter past year, the firm posted $0.85 EPS.

Currently, the market capitalization of Lululemon Athletica Inc. Ten analysts surveyed by Zacks expected $785.1 million. LULU shares have fallen 5.6% since the start of the year.

The company has called for net revenue in the range of $2.5 billion to $2.6 billion and per-share earnings between $2.26 to $2.36 for the full year.

The number of shares now held by investors is 127.3 Million. A rating of 4 or 5 would represent a Sell recommendation. Earnings per share numbers can serve as an indicator for the profitability of a certain company. Logan Capital Management Inc. increased its position in shares of Lululemon Athletica inc.by 0.9% in the third quarter. The biggest holder now is Martha A. (Marti) Morfitt who owns 86,111 shares (0.06% of those outstanding), whilst Mr. Laurent Potdevin holds 46,129 (0.03% of shares outstanding) and RoAnn Costin holds 30,997 (0.02% of shares outstanding).

In trading on Thursday, shares of lululemon athletica inc (Symbol: LULU) entered into oversold territory, hitting an RSI reading of 22.0, after changing hands as low as $51.3081 per share. (NASDAQ:LULU). Bnp Paribas Arbitrage Sa accumulated 0.01% or 26,829 shares.

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Lululemon Athletica Inc.is a designer, distributor and retailer of technical athletic apparel.

Lululemon Athletica inc. (NASDAQ:LULU)'s stock had its "hold" rating reiterated by equities research analysts at Jefferies Group LLC in a report issued on Tuesday. Susquehanna also downgraded the athletic clothing maker to neutral from positive and cut its price target to 57 from 82. Capstone Investment Advsr Ltd Liability Corporation has 24,600 shares for 0.05% of their portfolio. Vetr raised Lululemon Athletica inc. from a buy rating to a strong-buy rating and set a $73.71 target price for the company in a research report on Thursday, February 23rd.

LULU was recently trading at $63.08, down $18.73 from its 12-month high and $9.08 above its 12-month low. FBR Capital has "Underperform" rating and $42 target.

Analysts, on average, had expected earnings of $1.01 a share on revenue of $783.56 million, according to Thomson Reuters I/B/E/S. Lululemon shares fell more than 15 percent after closing 4 percent higher at $66.30 ahead of the results. The company will post its quarterly results after the market close, with the consensus calling for earnings of $1.01 per share on revenue of $784.7 million. Finally, Quantbot Technologies LP purchased a new stake in shares of Lululemon Athletica inc. during the third quarter worth about $1,776,000. Sell-side analysts are now looking for the company to post quarterly EPS of $0.4.


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