$0.52 EPS Expected for Lululemon Athletica inc. (LULU)

November 15, 2017 - By Darrin Black

 $0.52 EPS Expected for Lululemon Athletica inc. (LULU)
Investors sentiment decreased to 0.96 in 2017 Q2. Its down 0.07, from 1.03 in 2017Q1. It fall, as 63 investors sold Lululemon Athletica inc. shares while 85 reduced holdings. 53 funds opened positions while 89 raised stakes. 104.73 million shares or 1.75% less from 106.59 million shares in 2017Q1 were reported.
Seaward Lp holds 4,500 shares. Moreover, California State Teachers Retirement Sys has 0.02% invested in Lululemon Athletica inc. (NASDAQ:LULU) for 178,385 shares. 105,454 are owned by Rhumbline Advisers. State Of New Jersey Common Pension Fund D stated it has 0.01% in Lululemon Athletica inc. (NASDAQ:LULU). 26,938 are held by Aberdeen Asset Public Ltd Uk. Rothschild Il reported 5,525 shares or 0.04% of all its holdings. Trillium Asset Mgmt Limited Liability Com invested in 0.37% or 104,016 shares. Rockefeller Fin invested 0% of its portfolio in Lululemon Athletica inc. (NASDAQ:LULU). Aviva Public Limited Company reported 229,605 shares. Smithfield Trust stated it has 200 shares. Assetmark has invested 0% of its portfolio in Lululemon Athletica inc. (NASDAQ:LULU). First Republic Invest Mngmt has invested 0% in Lululemon Athletica inc. (NASDAQ:LULU). Ny State Common Retirement Fund invested in 215,600 shares. 315,203 were reported by Stephens Mngmt Grp Limited Liability Company. Lpl Fin Lc holds 0% in Lululemon Athletica inc. (NASDAQ:LULU) or 13,036 shares.

Analysts await Lululemon Athletica inc. (NASDAQ:LULU) to report earnings on December, 6. They expect $0.52 earnings per share, up 10.64 % or $0.05 from last year’s $0.47 per share. LULU’s profit will be $70.40M for 31.22 P/E if the $0.52 EPS becomes a reality. After $0.39 actual earnings per share reported by Lululemon Athletica inc. for the previous quarter, Wall Street now forecasts 33.33 % EPS growth. The stock increased 0.51% or $0.33 during the last trading session, reaching $64.93. About 866,276 shares traded. Lululemon Athletica inc. (NASDAQ:LULU) has declined 19.33% since November 15, 2016 and is downtrending. It has underperformed by 36.03% the S&P500.

Lululemon Athletica inc. (NASDAQ:LULU) Ratings Coverage

Among 38 analysts covering Lululemon Athletica Inc. (NASDAQ:LULU), 21 have Buy rating, 2 Sell and 15 Hold. Therefore 55% are positive. Lululemon Athletica Inc. had 143 analyst reports since August 18, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Telsey Advisory Group on Monday, August 15. Robert W. Baird maintained Lululemon Athletica inc. (NASDAQ:LULU) on Friday, November 10 with “Buy” rating. The stock of Lululemon Athletica inc. (NASDAQ:LULU) has “Positive” rating given on Tuesday, September 5 by Susquehanna. The firm has “Buy” rating by M Partners given on Thursday, September 17. JP Morgan maintained Lululemon Athletica inc. (NASDAQ:LULU) on Monday, April 4 with “Overweight” rating. The stock of Lululemon Athletica inc. (NASDAQ:LULU) earned “Buy” rating by Cowen & Co on Thursday, August 31. The stock of Lululemon Athletica inc. (NASDAQ:LULU) has “Hold” rating given on Tuesday, August 8 by BMO Capital Markets. The rating was downgraded by FBR Capital to “Underperform” on Monday, November 30. The stock of Lululemon Athletica inc. (NASDAQ:LULU) earned “Peer Perform” rating by Wolfe Research on Monday, January 18. The firm has “Buy” rating by SunTrust given on Monday, October 16.

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The company has market cap of $8.79 billion. The Firm operates through two divisions: Company-operated stores and Direct to consumer. It has a 31.3 P/E ratio. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

More notable recent Lululemon Athletica inc. (NASDAQ:LULU) news were published by: Bloomberg.com which released: “Nike Coming for Lululemon, Sharpens Focus on Women’s Wear” on October 26, 2017, also Seekingalpha.com with their article: “Is Lululemon A Bargain At Its Current Price?” published on November 10, 2017, Businesswire.com published: “lululemon athletica inc. Announces Leadership Change” on November 09, 2017. More interesting news about Lululemon Athletica inc. (NASDAQ:LULU) were released by: Nasdaq.com and their article: “lululemon athletica Reaches Analyst Target Price” published on November 13, 2017 as well as Bloomberg.com‘s news article titled: “Lululemon Drops Under Armour Patent Lawsuit Over Sports Bras” with publication date: October 31, 2017.

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