(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 Top Pick April 27, 2017, Down 19%) Sold his shares last spring. They had a terrible 2017, including a bad data breach in their app, massive unsold invenstory and failure to meet international growth target. He bought it when it was down and out, and that was a mistake.
Makes great gear, but you need to separate a stock from a product, a company or a management. This is down 53% in one year. They beat on the last quarter, but took down gross margin in the full-year guidance.
Has a Short position on this because it has much weaker price momentum. More importantly, they really don’t have the type of valuation metric that Nike (NKE-N) has. The balance sheet is fine and they beat on a recent quarter, but ROE’s are low and they really aren’t cash flowing.
Not a category he would go into. Retail is getting beaten up pretty badly. He likes their products. There is so much you have to get through to make this a successful investment.
He would not be an investor at this time. The technology they put into their gear is fantastic. This is an example of a stock that he really likes, but wouldn’t touch. You are going to face a raft of sellers who will be looking to get their money back when a stock starts moving up. Also, a lot of sales are still coming through brick-and-mortar storefronts, which are facing a challenge.
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.
The stock was down 25% post its earnings but he does not think the valuation is attractive enough. Apparel cannot grow forever. Retail is under a lot of pressure. UA-N is trying to grow internationally and that is good. Wait a little while longer to get it at a better price. (Analysts’ target $21.)
Under Armour is a American stock, trading under the symbol UA-N on the New York Stock Exchange (UA). It is usually referred to as NYSE:UA or UA-N
In the last year, 1 stock analyst published opinions about UA-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Under Armour.
Under Armour was recommended as a Top Pick by on . Read the latest stock experts ratings for Under Armour.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Under Armour In the last year. It is a trending stock that is worth watching.
On 2023-05-30, Under Armour (UA-N) stock closed at a price of $6.69.
Analysts were disappointed with recent earnings falling below expectations and the market has given the stock a haircut, but we think the worst is over. High inventory showed demand was not as aggressive as thought. A new CEO is leveraging their online digital expertise to expand sales going forward. Cash reserves are stable, while they buy back shares. It trades at 18x earnings and 2x book value. We recommend a stop-loss at $6, looking to achieve $11 -- upside potential over 45%. Yield 0%
(Analysts’ price target is $26.20)