We’ve been bullish on lululemon’s: premium positioning in a growing activewear market, significant geographic whitespace, and improved product development/supply chain operations but cautious on shares amid full valuation and a flat earnings year.

UBS came up with a report on Lululemon Athletica inc.

For the full fiscal 2015, the company now expects net revenue to be in the range of $2.025 billion to $2.055 billion based on total comparable sales in the high single digits on a constant dollar basis. Lululemon Athletica inc. They set a peer perform rating and a $65.00 target price for the company. Both topped analysts’ estimates of US33 cents per share and revenue of US$445.8 million from Thomson Reuters. The stock has increased 66 per cent in the last 12 months. The most aggressive target sees the stock headed to $85 while the most bearish has a $39 target. The firm has a market capitalization of $7.57 billion and a price-to-earnings ratio of 28.60. Net income fell 2% over the same period to $47.7 million, or $0.34 per share, even after being bolstered by the company’s decision to repurchase 1 million shares during the quarter for $63.96 per share. Credit Agricole raised shares of Lululemon Athletica inc. from an underperform rating to a buy rating and set a $80.00 price target for the company in a research note on Wednesday, June 10th.

Financial bloggers on sites such as SeekingAlpha, wsobserver.com and others, seem to have a Positive view on LULU.

For Q3/15, LULU provided EPS guidance of $0.35 – $0.37 versus consensus of $0.43 per share. In June, Lululemon forecast sales of $2 billion to $2.05 billion and diluted EPS of $1.86 to $1.91. The shares were sold at an average price of $67.30, for a total transaction of $673,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The Organization advertises its fit attire underneath the lululemon athletica and ivivva athletica brand names. Its garments array comprises things, such as tops, shorts, trousers and jackets designed for athletic pursuits and healthy lifestyle activities, like yoga, running, general fitness and dance -inspired apparel for female youth. “The remaining third will be sold down through our normal exit channels, which includes our outlet stores, online warehouse sales, and physical warehouse sales”. As of January 29, 2012, its branded apparel was principally sold through 174 stores that are located in Canada, the United States, Australia and New Zealand. The Business ‘s retail stores are predominantly on street places, in lifestyle centers and in malls.