|Bid||16.83 x 2000|
|Ask||16.84 x 200|
|Day's Range||16.25 - 16.85|
|52 Week Range||11.40 - 23.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.28|
Under Armour (UAA) investors had a tough time over the last two years as UAA stock plunged 50% in 2017 after falling 30% in 2016. The stock has already risen ~14%. Strong recent financial results and a positive analyst stance have driven the stock this year.
Though Skechers (SKX) fared better than expectations in profitability and on sales in 1Q18, management’s guidance for 2Q18 came as a big disappointment for investors. Skechers’s management expects 2Q18 sales to range between $1.12 billion and $1.15 billion, representing 9.2% to 11.6% growth over the same quarter last year. Though this looks great in absolute terms, it’s below the analyst expectations of a 12% increase to $1.15 billion in sales. The company is now sitting at a YTD loss of 23% and is trading about 48% below its 52-week high price.
YouTube, owned by Alphabet Inc's Google (GOOGL.O), deleted about 5 million videos from its platform for content policy violations in last year's fourth quarter before any viewers saw them, it said in a new report that highlighted its response to pressure to better police its online community. YouTube has been criticized by governments that say it does not do enough to remove extremist content, and by advertisers, such as Procter & Gamble Co (PG.N) and Under Armour Inc (UAA.N) that briefly boycotted the service when they unwittingly ran ads alongside videos the companies deemed inappropriate. YouTube said in the report Monday that automating enforcement through software "is paying off" in quicker removals.
Investors should continue holding a bullish stance on Under Armour Inc (NYSE: UAA ) ahead of its May 1 first-quarter earnings report , according to Stifel. The Analyst Stifel's Jim Duffy maintains a Buy ...
Shares of Under Armour Inc. ( UAA) continue to make comeback this year, gaining nearly 4% on Monday on an upbeat note from a team of analysts who indicate that investors are underestimating the athletic apparel and footwear maker's opportunities in international markets. The Baltimore-based sneaker maker, which heads off against U.S. rival Nike Inc. ( NKE), the world's largest athletic apparel company, and revived German competitor Adidas AG ( ADDYY) has been met with criticism on the Street regarding its tarnished brand identity and its failure to keep up with its peers to meet evolving consumer preferences and navigate a shift to online shopping. Deutsche Bank analyst Paul Trussell wrote a note to clients indicating while wholesale trends in North America continue to face pressure, weakness should be offset by a "rapidly growing" international business.
Can Under Armour (mostly) deliver again off the field of play — and convincingly so, on the playing pitch of the UAA stock chart for a second time in a row? With the expectations bar set reasonably low and the Street forecasting a loss of 4 cents and sales of $1.1 billion, I personally like the long game in UAA stock. It has been nearly three weeks since last penning a bullish article on UAA stock at InvestorPlace.
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.