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Under ArmourUACOMMENTMay 24, 2016Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
(Past Top Pick, May 10, 2018, Up 20%) Volumes are rising, the stock is coming alive and there's plenty of room for this stock to regroup. Those who have owned this since it's drop of the past few years will hold on now that it's starting to climb again, so they can get their money back. He still likes it.
He would be tempted to buy if it had a move above $16.77. They have stumbled and earnings are projecting a model price of $9.39 – about 37% over-valued. It may take a while for the fundamentals to improve. Stay tuned. It is very cheap, but he needs to see a move higher before he gets excited. (Analysts’ price target is $20 )
A great and exciting brand. Have a lot of top-notch athletes they have signed to the label. Most of the younger kids coming up and playing sports are under this label. It is also benefiting from the overall athletic trend for people who are looking for the sporty look. Thinks the market is expecting 25% growth in earnings this year, and yet there is still a 60X earnings multiple on the stock. When you get into these types of valuations, a lot of the excitement is already priced in. A bit rich for her.