|Bid||14.24 x 100|
|Ask||16.60 x 4500|
|Day's Range||14.18 - 14.75|
|52 Week Range||10.36 - 21.81|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.50|
On Monday, Deutsche Bank analysts upgraded the shares to “hold,” sending them up some 4% as of the afternoon while saying valuation was “in the eye of the beholder.” Here’s why, according to the note: They’re cautiously optimistic about the Barron’s Next 50 company’s business, saying new products, cost-cutting measures and international growth should lead to Ebitda margins in the high single digits. Before today’s move, they said, the shares were trading at a 1.4x enterprise value to sales ratio based on estimated fiscal 2019 revenues, not far off their three-year minimum and less than half their three-year average.
Analysts are seeing good things ahead for Under Armour and Michael Kors, while withholding their usual enthusiasm for Lululemon.
Analyst Paul Trussell upgrades shares of Under Armour to hold from sell, based on its "rapidly growing" overseas business. "The opportunity to grow internationally on the top-line remains robust as Under Armour's peers in the athletic space continue to produce outsized growth," he writes. Under Armour shares jumped Monday after an upgrade by Deutsche Bank, which cited its "robust" international growth.
Under Armour Inc. pulled its ads from Alphabet Inc.-owned YouTube after the apparel company's ads appeared on a white nationalist channel, according to a CNN report late Thursday. Under Armour is one of several brands such as Netflix Inc. , Facebook Inc. , amd Amazon.com Inc. that CNN reported appeared on channels that promote extremist content. Alphabet's YouTube unit recently announced a series of changes aimed at curbing the problem, including restricting which channels are able to run ads and thus make money.
BALTIMORE, April 19, 2018 /PRNewswire/ -- In celebration of the brand's origin in athlete performance, Under Armour (NYSE:UA, UAA) showcases the importance of hard work, dedication and resilience in its new year-long global training campaign. As the foremost experts in helping athletes unlock their best, Under Armour recognizes dedicated training and hard work as the essential ingredients towards mastery of any skill.
The founder of the nonprofit Citywide Youth Development plans to turn a dilapidated building in West Baltimore into a $650,000 manufacturing hub similar to City Garage in Port Covington.
Under Armour's takeover from Majestic Athletic as the supplier of Major League Baseball uniforms has been pushed back a year to 2020, the original terms of its agreement. Fanatics Inc. and MLB announced ...
BALTIMORE , April 12, 2018 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) plans to release the results of its first quarter (ended March 31, 2018 ) on Tuesday, May 1, 2018 at 6:55 a.m. ET . Following ...
NEW YORK, NY / ACCESSWIRE / April 11, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Under Armour, Inc. ("Under Armour" or the "Company") (NYSE: UA; NYSE: UAA). ...
It’s no secret that stocks are oversold right now, punished by weeks of negative headlines surrounding China-U.S. trade relations, the specter of additional policy tightening by the Federal Reserve, political machinations between President Donald Trump and the ongoing Special Counsel investigation and the possibility that first-quarter earnings expectations are too hot.
Nike pitchman Patrick Reed won the tournament and fellow Nike spokesman Tiger Woods brought in viewers, while UAA's Jordan Spieth came in third after a near-comeback.
This weekend's Barron's shows why Google's parent now stands out among the tech titans. Other featured articles examine a "dot-com hatchery" that is outperforming and why a recent IPO is no lightweight. ...
Of 31 analyst ratings currently visible in FactSet, only about a quarter are “buy.” (Most are “hold” or “sell.”) But one analyst sought to change the tune this week. Here’s why they think that: • There’s so much negativity that Q1 and 2018 performance doesn’t need to be perfect to please investors: “We increasingly are bullish on Under Armour based on prospects for inline or better Q1 results and a reiteration of the 2018 plan to provide additional signs that a multiyear recovery is unfolding,” they wrote. “A lack of any material disappointment and/or negative earnings revisions can continue to propel the stock higher.” • But investors may also be underestimating Q1 performance.
Under Armour's stock may finally be moving upward after a crummy 2017, but the brand's popularity with women and teens is in trouble.
Let me restate that thesis, point out a couple of interesting things from the LULU earnings report, and get a feel for where LULU stock may be headed in the future. My thesis regarding clothing retailers is that only the truly strong brands that speak to consumers survive. Most other clothing retailers will come out of the gate strong, their stocks will fly higher as the company reports strong growth, and then inevitably, growth sags, and the stocks plummet.
It’s UAA’s highest stock price since the immediate aftermath of a mixed, but mostly better-than-expected quarterly report announced in early February. Considering Wall Street is known for delivering less-than-timely scouting reports on hot prospects in an uneven playing field, the macro rise in UAA isn’t necessarily bad. Since last writing a cautiously upbeat article on Under Armour following earnings, bulls in UAA stock have been tested on more than a few occasions and prevailed.
One red-hot target right now is Nike Inc (NYSE:NKE). Nike stock has rallied sharply of late, as Wall Street cheers the company’s impressive third-quarter earnings report. According to NKE options, Nike could top $70 before the end of this month.