20.75 -0.12 (-0.57%)
After hours: 7:52PM EST
|Bid||20.45 x 1800|
|Ask||21.00 x 4000|
|Day's Range||20.59 - 21.41|
|52 Week Range||11.41 - 23.28|
|Beta (3Y Monthly)||-0.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.00|
Dubbed a Triple-Double Strategy, it involves utilizing more technology-powered innovation to drive sales growth, benefiting owners of Nike stock. As of last quarter, however, shareholders started to see the power of the company’s not-so-new-anymore Nike Customer Experience (NCX) platform. Perhaps Citigroup has a point about Nike stock being a top idea for the coming year, even if Citi ‘s analysts overstated the bullish case on NKE stock.
As of December 10, Lululemon (LULU) was trading at a 12-month forward PE ratio of 27.1x. The company’s adjusted EPS grew 33.9% in the third quarter as a result of strong revenue growth, higher margins, and lower taxes. Lululemon increased its fiscal 2018 earnings and revenue guidance following strong results in the third quarter.
Lululemon Athletica (LULU) stock recovered 1.0% on December 10 after a steep decline of 13.4% on December 7 following the announcement of the company’s results for the third quarter of fiscal 2018. Lululemon delivered impressive results for the third quarter. Lululemon stock has had a strong run this year.
Short interest is high for UAA with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting UAA. The net inflows of $6.45 billion over the last one-month into ETFs that hold UAA are not among the highest of the last year and have been slowing.
U.S. stock futures traded sharply higher on Tuesday, Dec. 11, with investors reacting cautiously to progress in U.S.-China trade talks but remaining unnerved by the ongoing political chaos surrounding Britain's Brexit vote. Contracts tied to the Dow Jones Industrial Average rose 202 points, futures for the S&P 500 were up 19 points, and Nasdaq futures gained 66.50 points. China's chief trade negotiator, Liu He, spoke with U.S. Treasury Secretary Steve Mnuchin and Trade Representative Robert Lighthizer by phone Monday night, China's Commerce Ministry said in a statement, and agreed to work toward the framework of talks set during the G-20 leaders' summit in Argentina.
Under Armour Inc. ousted two sports-marketing executives who were longtime associates of CEO Kevin Plank, according to people familiar with the matter, after the apparel brand conducted an internal review of their department’s spending. Ryan Kuehl, senior vice president of global sports marketing, and Walker Jones, senior director of sports marketing, were both removed from their roles last week, the people said. “Per company policy, we do not comment on specific personnel matters,” an Under Armour spokeswoman said.
Under Armour let go of the two employees after conducting an internal review of departmental spending, the Wall Street Journal reported.
Under Armour reportedly ousted two executives connected to CEO Kevin Plank, according to people familiar with the matter.
In the daily bar chart of UAA, below, we can see three or four attempts to break above the $24-$25 area. The daily On-Balance-Volume (OBV) line shows a rise from early February and during the price decline from June to October. The OBV line is just a fraction away from a new high to confirm the price gains.
One of the big surprises this year has been the performance of Under Armour (NYSE:UAA,NYSE:UA) stock. UAA stock has risen a sizzling 60%, beating out many of the world’s top tech operators like Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). Actually, UAA stock has done much better than plenty of this year’s initial public offerings!
Lululemon Athletica (LULU) reported impressive results for the third quarter of fiscal 2019, which ended on October 28. The company’s net revenue surged 20.8% to $747.7 million, beating analysts’ expectation of $737.45 million.
The Fighting Irish finished 12-0 in the regular season and became the first Under Armour-sponsored school to be selected for the four-team College Football Playoff.
Two more executives are reportedly out the door at Under Armour. Yahoo Finance’s Alexis Christoforous and Brian Sozzi talks about what it means for the company.