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Lululemon Athletica inc. (NASDAQ:LULU) was the recipient of unusually large options trading activity on Monday. Traders bought 11,413 call options on the stock, Stock Ratings News reports. This is an increase of approximately 170% compared to the average volume of 4,230 call options.

Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “positive” rating on shares of Lululemon Athletica inc. in a research note on Friday, August 8th. Separately, analysts at Susquehanna initiated coverage on shares of Lululemon Athletica inc. in a research note on Thursday, July 31st. They set a “positive” rating and a $49.00 price target on the stock. Finally, analysts at Oppenheimer cut their price target on shares of Lululemon Athletica inc. from $63.00 to $53.00 in a research note on Monday, June 16th. They now have an “outperform” rating on the stock. Fifteen research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $47.38.

Shares of Lululemon Athletica inc. (NASDAQ:LULU) traded up 0.94% on Monday, hitting $40.83. The stock had a trading volume of 1,769,433 shares. Lululemon Athletica inc. has a one year low of $36.26 and a one year high of $77.75. The stock has a 50-day moving average of $39.16 and a 200-day moving average of $44.94. The company has a market cap of $5.939 billion and a price-to-earnings ratio of 23.52.

Lululemon Athletica inc. (NASDAQ:LULU) last issued its quarterly earnings data 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 $1.74 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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