|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.40 - 12.98|
|52 Week Range||10.36 - 26.25|
|PE Ratio (TTM)||39.54|
|Earnings Date||Jan 29, 2018 - Feb 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.00|
It was another down day for Under Armour. What does the company need to do to turnaround its business? Yahoo Finance's Jen Rogers, Dan Roberts and Myles Udland discuss.
Jan.16 -- Sam Poser, Susquehanna equity research analyst, discusses Under Armour and how it may need to start raising more capital. Poser and his family do not own shares of Under Armour, but his firm owns more than a one percent stake and is a market maker in the company. He speaks with Jonathan Ferro on "Bloomberg Markets: The Open."
Susquehanna's Sam Poser joins the "Halftime Report" traders to discuss hit note today cutting Under Armour to a sell.
Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Just when it almost felt like those meddling bears were finally declawed and permanently benched away from the quoted price of UA stock, along comes another wave of bad press slamming the former athletics apparel growth play back into the dirt — it’s underwater by 4% in 2018. The latest jab for Under Armour — a company struggling to reclaim its former glory after more than a couple missteps and competition from red hot Adidas AG (ADR) (OTCMKTS:ADDYY) and a reinvigorated Nike Inc (NYSE:NKE) — comes from analysts at Macquarie Group. Led by analyst Laurent Vasilescu, the firm cut UA stock from neutral to underperform while slapping an outlier, below-the-market $8 price tag on shares.
Shares of Under Armour (NYSE: UA) (NYSE: UAA) plunged by almost on Tuesday after the athletic footwear and apparel maker was hit by new analyst downgrade. The Class C UA shares fell by almost 12%, while ...
NEW YORK, NY / ACCESSWIRE / January 17, 2017 / Shares of Nike and Under Armour both entered red territory on Tuesday with Under Armour dropping to the bottom of the S&P 500 after receiving a downgrade ...
In case you missed it, here are some of Benzinga's top stories from Tuesday, Jan. 16, 2018. Under Armour: If The Downgrade Fits... Another analyst turned bearish on shares of Under Armour, Inc (NYSE: UAA ...
Shares of Under Armour (UAA) sank to the bottom of the S&P 500 on Tuesday, hurt by a downgrade. Class A shares of Under Armour fell $1.31, or 8.7%, to $13.81, while its Class C shares lost $1.66, or 11.7%, to $12.48. Under Armour Class A shares are down 4.3% this year and have lost 52.9% in the past 12 months.
Shares of Under Armour (UAA) had a dismal 2017, and analysts aren't enthusiastic about its prospects for this year either. Count Macquarie's Laurent Vasilescu among the bears after he and his team downgraded the stock to Underperform from Neutral, with an $8 price target. Why did Vasilescu throw in the towel on Under Armour?
Under Armour Inc (NYSE: UAA )'s stock lost around 50 percent of its value throughout 2017 and one notable Wall Street analyst sees the stock's woes continuing in 2018. The Analyst Macquarie Research's ...
In doing so, Mollica, who serves as the company’s head of global consumer engagement, touched on the same main theme that Under Armour CEO Kevin Plank did a year ago, when he delivered a keynote at CES . Mollica didn’t mention those challenges Tuesday, opting instead to focus on several positives, including the continued strength of Under Armour’s (UAA) digital health and fitness community. Adding value to consumers through innovation is “the way we differentiate ourselves from” rivals, he said.
Under Armour, faced with falling sales and a tumbling stock, could be heading down the path of struggling sportswear brand Reebok.
After the Under Armour stock price fell almost 40% from its highs in 2016, investors thought the worst might finally be over. Since bottoming out near $10.50 though, UA stock has been on the mend, while CEO Kevin Plank seems refocused on the tasks at hand. The retail sector has undergone massive changes, decimating stocks like Kohl’s Corporation (NYSE:KSS), J C Penney Company Inc (NYSE:JCP) and Macy’s Inc (NYSE:M).
The analyst, Sam Poser, was blunt in his assessment of the Baltimore sportswear maker: "Sell UAA. After a tumultuous 2017 , Poser expects Under Armour to continue to struggle this year. The brand is "at a crossroads," Poser wrote, and needs to pull its products from "moderate retailers" like Kohls, DSW and Famous Footwear.
Susquehanna analysts are unconvinced, opening a Tuesday note with just two words: “Sell UAA.” The company, they wrote, is suffering from a brand that “will continue to weaken before it is clear if it can be salvaged.” • To do so, they wrote, Under Armour needs to reclaim its place as an “aspirational” brand in part by pulling merchandise from retailers that don’t position it that way. “Those better retailers planned the Under Armour business down double-digits in 2017 and will continue to do so in 2018,” according to Susquehanna. • In October, CEO Kevin Plank said on a conference call that the company faces two main issues: A fast-changing U.S. market for sporting goods retailers and issues related to its growth since it went public in 2005.
Under Armour Inc (NYSE: UAA ) investors hoping to turn over another leaf in 2018 may be sorely disappointed. One Wall Street analyst says Under Armour will have another difficult year and the stock has ...
Under Armour Inc (NYSE:UAA) is currently trading at a trailing P/E of 49.2x, which is higher than the industry average of 21.8x. While UAA might seem like a stock toRead More...