|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||122.49 - 123.58|
|52 Week Range||93.34 - 133.01|
|PE Ratio (TTM)||37.26|
|Forward Dividend & Yield||1.61 (1.30%)|
|1y Target Est||138.55|
Thursday, April 26: Ford is ending all its US car models except two; Kanye tweets on Trump, Thiel, Cook, Page, Nike and Adidas; 2018 NFL Draft begins. Yahoo Finance’s Dan Roberts runs through it.
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.
With an ROE of 21.04%, adidas AG (DB:ADS) outpaced its own industry which delivered a less exciting 10.37% over the past year. While the impressive ratio tells us that ADSRead More...
Nike continues to see more of its top brass departing, and where this leaves the future of leadership at the world's largest athletic brand is unclear.
Nike Inc (NYSE: NKE) may have made a vital shift from away from a push market to a pull market. Following a conversation with Nike management, Komp said the apparel maker's confidence is "unwavering" and Nike remains bullish about the performance of newer product launches in North America and globally. “Based on the company’s recent actions and expected North America inflection, we are more confident NKE is responding to broader challenges with a potentially transformative combination of innovation, enhanced digital services/experiences, advanced manufacturing, and leveraging its scale to drive much better performance going forward,” Komp said.
Adidas would like to sign Colin Kaepernick, if he gets a new NFL team. But some are responding that if the company is serious, it should sign him regardless.
Apparel brands from the 1990s are making a comeback with PVH-owned Calvin Klein and Tommy Hilfiger popular in the Piper Jaffray teen survey. Teenagers also like VF-owned Vans, while Nike and Under Armour lose steam.
From late-2015 to late-2017, shares of Nike Inc (NYSE:NKE) were stuck in neutral. NKE stock struggled to hold any gains above the $60 mark, and it kept bouncing back to the $50 level. Adidas jumped on the retro trend and became the hottest brand in athletic retail.
Nike[ticker symb=NKE] was already the footwear market leader in China. And if there was uncertainty about the passion with which the communist country follows NBA basketball, the 190 million Chinese citizens who streamed the 2017 NBA Finals over their mobile phones erased all doubts. "The NBA is China's most popular sports league and is six times more popular than the...