Shares of Lululemon Athletica Inc. (NASDAQ:LULU) reached a new 52-week high during trading on Thursday . The stock traded as high as $75.25 and last traded at $75.04, with a volume of 619,423 shares traded. The stock had previously closed at $74.41.

Several analysts have commented on LULU shares. Sterne Agee CRT reaffirmed a “buy” rating and issued a $75.00 target price on shares of Lululemon Athletica in a research note on Wednesday, March 30th. Wedbush reaffirmed a “buy” rating and issued a $72.00 target price on shares of Lululemon Athletica in a research note on Monday, March 28th. Citigroup Inc. lifted their target price on shares of Lululemon Athletica from $65.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, March 31st. Nomura Holdings Inc. lifted their target price on shares of Lululemon Athletica from $59.00 to $72.00 and gave the stock a “buy” rating in a research note on Thursday, March 31st. Finally, SunTrust Banks Inc. lifted their target price on shares of Lululemon Athletica from $66.00 to $79.00 and gave the stock a “buy” rating in a research note on Thursday, March 31st. Six equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-five have assigned a buy rating to the company’s stock. Lululemon Athletica has a consensus rating of “Buy” and a consensus target price of $69.59.

The company has a market cap of $10.51 billion and a PE ratio of 40.70. The firm’s 50-day moving average is $69.55 and its 200-day moving average is $63.14.

Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings data on Wednesday, June 8th. The apparel retailer reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.01. The business had revenue of $495.50 million for the quarter, compared to analysts’ expectations of $487.68 million. The company’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.34 EPS. Equities research analysts expect that Lululemon Athletica Inc. will post $2.14 earnings per share for the current year.

A number of large investors recently bought and sold shares of LULU. Gulf International Bank UK Ltd boosted its stake in Lululemon Athletica by 1.2% in the fourth quarter. Gulf International Bank UK Ltd now owns 30,137 shares of the apparel retailer’s stock valued at $1,581,000 after buying an additional 350 shares during the last quarter. Thornburg Investment Management Inc. boosted its stake in shares of Lululemon Athletica by 835,608.0% in the fourth quarter. Thornburg Investment Management Inc. now owns 417,854 shares of the apparel retailer’s stock valued at $21,925,000 after buying an additional 417,804 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. boosted its stake in shares of Lululemon Athletica by 0.4% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 160,464 shares of the apparel retailer’s stock valued at $8,278,000 after buying an additional 574 shares in the last quarter. Quantitative Investment Management LLC acquired a new stake in shares of Lululemon Athletica during the fourth quarter valued at approximately $3,662,000. Finally, Vanguard Group Inc. boosted its stake in shares of Lululemon Athletica by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 6,833,485 shares of the apparel retailer’s stock valued at $358,553,000 after buying an additional 110,623 shares in the last quarter.

Lululemon Athletica Inc is a designer, distributor and retailer of technical athletic apparel. The Company’s segments include Company-operated stores, Direct to consumer and Other. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, other sweaty pursuits and athletic wear for female youth.

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