Lululemon Athletica inc. (NASDAQ:LULU)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $219.90 and last traded at $217.46, with a volume of 19703 shares trading hands. The stock had previously closed at $218.46.

Several brokerages recently commented on LULU. Stifel Nicolaus set a $238.00 target price on Lululemon Athletica and gave the company a “buy” rating in a report on Friday, September 6th. JPMorgan Chase & Co. raised their target price on Lululemon Athletica from $200.00 to $230.00 and gave the company an “overweight” rating in a report on Friday, September 6th. KeyCorp reiterated a “hold” rating on shares of Lululemon Athletica in a report on Friday, September 6th. Deutsche Bank raised their target price on Lululemon Athletica from $205.00 to $216.00 and gave the company a “buy” rating in a report on Friday, September 6th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a $235.00 target price (up from $198.00) on shares of Lululemon Athletica in a report on Friday, September 6th. Thirteen analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $211.79.

The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.52 and a current ratio of 2.41. The firm has a fifty day simple moving average of $202.21 and a 200-day simple moving average of $186.92. The company has a market capitalization of $28.13 billion, a PE ratio of 56.52, a P/E/G ratio of 2.51 and a beta of 0.67.

Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, September 5th. The apparel retailer reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.07. Lululemon Athletica had a return on equity of 39.54% and a net margin of 14.93%. The company had revenue of $883.35 million for the quarter, compared to the consensus estimate of $845.03 million. During the same period in the previous year, the business earned $0.71 EPS. Lululemon Athletica’s revenue for the quarter was up 22.1% compared to the same quarter last year. As a group, research analysts anticipate that Lululemon Athletica inc. will post 4.74 EPS for the current fiscal year.

In other news, Director Dennis J. Wilson sold 164,061 shares of Lululemon Athletica stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $182.89, for a total value of $30,005,116.29. Following the completion of the transaction, the director now owns 3,852 shares in the company, valued at approximately $704,492.28. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Dennis J. Wilson sold 110,629 shares of Lululemon Athletica stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $182.87, for a total value of $20,230,725.23. Following the completion of the transaction, the director now owns 3,852 shares of the company’s stock, valued at approximately $704,415.24. The disclosure for this sale can be found here. Insiders have sold a total of 420,548 shares of company stock worth $79,395,186 over the last 90 days. 0.34% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the company. Virtus ETF Advisers LLC acquired a new position in shares of Lululemon Athletica in the 2nd quarter worth approximately $27,000. Venturi Wealth Management LLC acquired a new position in Lululemon Athletica during the 3rd quarter valued at approximately $29,000. Golden State Wealth Management LLC boosted its position in Lululemon Athletica by 70.0% during the 3rd quarter. Golden State Wealth Management LLC now owns 170 shares of the apparel retailer’s stock valued at $33,000 after purchasing an additional 70 shares during the period. SevenBridge Financial Group LLC acquired a new position in Lululemon Athletica during the 2nd quarter valued at approximately $35,000. Finally, Cordasco Financial Network acquired a new position in Lululemon Athletica during the 2nd quarter valued at approximately $36,000. Institutional investors own 80.29% of the company’s stock.

About Lululemon Athletica (NASDAQ:LULU)

lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits; and athletic wear for female youth.

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