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Under ArmourUADON'T BUYFeb 08, 2017Stock 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 )
This is going to have to break through some of its resistance levels to begin to even look like something you want to look at. It consolidated at around $25, and everybody that bought in that range is going to want to get out, so you are going to run into a wall of sellers. There are much greener pastures. It is also into a tough retail environment.