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Under ArmourUACOMMENTMay 09, 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 )
North America is where they have seen their weaker growth. International results were stronger. This and Nike (NKE-N) are really in a league of their own when it comes to apparel manufacturers. They command such a multiple premium on their valuation side. We have had such a strong trend in at-leisure with a lot of new entrants coming online and a lot of knock off brands. She wonders if the extra capacity is there and we get a reversal in consumer product preferences.