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Lululemon Athletica inc. (NASDAQ:LULU) updated its second quarter earnings guidance on Thursday. The company provided EPS guidance of $0.28-0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.36, Analyst Ratings Net reports. The company issued revenue guidance of $375-380 million, compared to the consensus revenue estimate of $387.19 million.Lululemon Athletica inc. also updated its FY15 guidance to $1.71-1.76 EPS.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus downgraded shares of Lululemon Athletica inc. from a buy rating to a hold rating in a research note on Thursday. On a related note, analysts at William Blair downgraded shares of Lululemon Athletica inc. from an outperform rating to a market perform rating in a research note on Thursday. Finally, analysts at Topeka Capital Markets reiterated a buy rating on shares of Lululemon Athletica inc. in a research note on Monday. One analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of Hold and a consensus price target of $60.13.

Lululemon Athletica inc. (NASDAQ:LULU) traded down 14.97% during mid-day trading on Thursday, hitting $37.669. The stock had a trading volume of 17,098,680 shares. Lululemon Athletica inc. has a 52 week low of $42.28 and a 52 week high of $77.75. The stock’s 50-day moving average is $44.92 and its 200-day moving average is $51.53. The company has a market cap of $5.475 billion and a price-to-earnings ratio of 23.19. Lululemon Athletica inc. also was the recipient of some unusual options trading on Wednesday. Stock investors bought 37,791 put options on the stock. This represents an increase of approximately 408% compared to the average daily volume of 7,441 put options.

Lululemon Athletica inc. (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, June 12th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.19. The company had revenue of $384.60 million for the quarter, compared to the consensus estimate of $381.21 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Analysts expect that Lululemon Athletica inc. will post $1.89 EPS for the current fiscal year.

lululemon athletica inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia.

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