|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||90.29 - 91.75|
|52 Week Range||66.31 - 95.58|
|Beta (3Y Monthly)||-0.10|
|PE Ratio (TTM)||43.27|
|Earnings Date||Feb 7, 2019|
|Forward Dividend & Yield||0.96 (1.03%)|
|1y Target Est||99.80|
Columbia Sportswear Company , a leading innovator in active outdoor apparel, footwear, accessories and equipment, today announced that in response to the deadly fires in California, it will donate $20,000 to the California Community Foundation’s Wildfire Relief Fund to support relief efforts tied to the California wildfires.
Canada Goose earnings rose much more than expected, with fiscal second-quarter revenue also topping. Shares broke out to a high, but pared gains.
Cura Cannabis Solutions has brought on veteran Nike and Columbia Sportswear executive Ron Parham as its vice president of investor relations, and confirmed that it's considering going public in 2019. Portland-based Cura is privately held, but a steady stream of Oregon cannabis companies have either gone public in Canada, where the finance environment is friendlier to "plant-touching" companies, or rolled into larger enterprises that have Canadian listings. Cura would certainly be the biggest company in the state's young industry to go public.
Nike Stock Is Up 22.4% in 2018: What’s Driving It? Of the 37 analysts covering Nike (NKE) on November 6, ~60.0% have retained their “buy” ratings on its stock, and 35.0% have given it “hold” ratings. The remaining analysts have given NKE “sell” ratings.
Nike Stock Is Up 22.4% in 2018: What’s Driving It? In the trailing nine quarters, Nike (NKE) has beaten analysts’ estimates on all occasions. Nike’s adjusted EPS for the first quarter of fiscal 2019 totaled $0.67—better than analysts’ estimate of $0.63.
Nike Stock Is Up 22.4% in 2018: What’s Driving It? Nike’s (NKE) top line growth is driven by improving sales in North America and robust sales in overseas territories as well as the huge success of its direct-to-consumer business. The company’s Converse sales are also improving driven by a strong showing in Asia and Europe.
On November 6, Nike’s (NKE) 12-month forward PE ratio was 27.0x. Under Armour (UAA), Skechers (SKX), Columbia Sportswear (COLM), and Lululemon Athletica (LULU) reported PE ratios of 71.3x, 15.2x, 23.3x, and 34.6x, respectively.
As of November 6, Nike (NKE) stock is up 22.4% YTD (year-to-date). Its performance in North America is showing signs of improvement, while its international and Nike Direct businesses remain strong. Nike expects innovative products in its footwear and apparel categories as well as in its fast-improving wholesale business to boost its revenue in the domestic market.
On November 5, two analysts covering Under Armour (UAA) revised their target prices for the stock. Piper Jaffray increased its target price to $32.00 from $20.00 and increased the rating to “overweight.”
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Zacks.com highlights: Columbia Sportswear, Sirius XM Holdings, Dunkin' Brands Group and Sprouts Farmers Market
The Zacks Analyst Blog Highlights: Columbia Sportswear, Marcus, Deckers Outdoor, Monro and Rocky Brands
Since the third-quarter earnings announcement, several analysts have revised their price targets for Under Armour (UAA) stock. On October 30, Morgan Stanley raised its price target to $21.00 from $20.00. Canaccord Genuity upped its price target to $13.00 from $12.00. Cowen and Company raised the price target to $21.00 from $18.00. Credit Suisse raised price target to $26.00 from $23.00 while Jefferies increased its price target to $30.00 from $29.00.
The adjusted operating income was $143 million. For the first three quarters of 2018, Under Armour has incurred $154 million in pre-tax costs. For 2018, the company’s adjusted gross margin is expected to be marginally better than 2017’s gross margin.
Under Armour (UAA) reported adjusted EPS of $0.25 for the third quarter of 2018, beating the analyst consensus estimate of $0.12. On a year-over-year basis, EPS grew 13.6% due to higher revenue. The impact of restructuring activities wiped out $0.08 from the bottom line. On a reported basis, EPS were $0.17, compared with $0.12 in the corresponding quarter last year.
Under Armour (UAA) reported its third-quarter-2018 results on October 30. Its revenue of $1.44 billion beat analysts’ consensus estimates of $1.42 billion. On a year-over-year basis, revenue was up 2.4%, driven by higher sales from international and wholesale operations. On a currency-neutral basis, revenue rose 3.0%.
On October 30, Under Armour’s (UAA) 12-month forward PE ratio was 74.7x. Since the earnings announcement, the PE multiple has increased 24.6%. Meanwhile, Nike (NKE), Columbia Sportswear (COLM), Skechers (SKX), and Gap (GPS) have PE ratios of 26.3x, 23.2x, 14.2x, and 10.7x, respectively.
Under Armour (UAA) stock surged 27.7% on October 30 after the company reported robust third-quarter results. It also raised its bottom-line outlook for 2018. Extensive strategic efforts and strong growth in the overseas market are driving the stock. As of October 30, Under Armour stock has increased 61.0% YTD (year-to-date) to $23.23.