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Under ArmourUACOMMENTJul 22, 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 )
Doesn’t know that their multiple is justified. The growth rate is still there and he doesn’t know that there is much at risk as some of the other players in the industry. If you are okay for some risk in the short term, it’s not bad, but he wouldn’t have a full position in it. They are taking market share away from Nike (NKE-N).