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Lululemon Athletica inc. (NASDAQ:LULU) has received an average rating of “Hold” from the twenty-nine brokerages that are covering the stock, Stock Ratings Network reports. Fifteen analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $47.38.

Shares of Lululemon Athletica inc. (NASDAQ:LULU) opened at 40.83 on Tuesday. Lululemon Athletica inc. has a 1-year low of $36.26 and a 1-year high of $77.75. The stock’s 50-day moving average is $39.20 and its 200-day moving average is $44.91. The company has a market cap of $5.939 billion and a P/E ratio of 23.74. Lululemon Athletica inc. also saw unusually large options trading activity on Monday. Stock traders acquired 11,413 call options on the company. This is an increase of approximately 170% compared to the typical daily volume of 4,230 call 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. On average, analysts predict that Lululemon Athletica inc. will post $1.74 earnings per share for the current fiscal year.

A number of research firms have recently commented on LULU. 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.

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

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