16.73 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.29 - 16.85|
|52 Week Range||11.40 - 23.46|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Sears, Alaska Air, Under Armour, Amazon and Walmart are the companies to watch.
Sony Pictures Entertainment announced Stephen Curry has signed a development deal for TV, movies and potentially gaming and virtual-reality projects
Last Friday was a forgettable one for athletic footwear company Skechers USA Inc (NASDAQ:SKX). SKX stock fell roughly 30% after the company reported what the Street viewed as disappointing first quarter numbers. SKX stock is also incredibly cheap relative to peers Nike Inc (NYSE:NKE) and Under Armour Inc (NYSE:UAA).
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.
How Are Sportswear Stocks Placed So Far in 2018? In the final article of this four-part series, we’ll see what Wall Street recommends for the sportswear stocks included in our survey. Let’s begin with Nike (NKE). The sportswear giant is covered by 37 Wall Street analysts.
In this part of the series, we’ll discuss another key valuation metric—the enterprise-value-to-sales multiple. A higher EV-to-sales multiple indicates that a company is overvalued. To gauge whether these companies are correctly valued, we’ll also look at their respective sales growth.
Amazon CTO Werner Vogels told Yahoo Finance the company's cloud business, which is vying for a lucrative government contract, is booming.
How Are Sportswear Stocks Placed So Far in 2018? On the cusp of another round of earnings releases, we’ll take a quick look at the financial situations of several major US-based sportswear companies. Our analysis will revolve around the current profitability, financial strength, valuations, and Wall Street recommendations of key sportswear companies.
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.
A spokeswoman said the "Will Finds a Way" campaign is Under Armour's largest to date.
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-based Under Armour had been slated to become the on-field uniform outfitter in 2019, but multiple sources confirmed the delay with ESPN.
Senate Bill 1090 alters Maryland's corporate income tax formula to what is called single-sales factor apportionment.
Since early February, the stock market has seen two corrections of 10% each. Nike Inc (NYSE:NKE) stock held up much better than the markets in general. Retail in general also suffered as the SPDR S&P Retail (ETF) (NYSEARCA:XRT) is also down about 5%.