Why Under Armour Inc (UAA) stock should still be avoided?
Under Armour fell by 5.5% to close at $41.15 per share on April 11, 2016, after Jordan Spieth lost the Masters Golf Tournament.
Does the Under Armour stock split make UA a buy?
Apr 13, 2016 · Under Armour fell by 5.5% to close at $41.15 per share on April 11, 2016, after Jordan Spieth lost the Masters Golf Tournament.
Why the Under Armour brand is in crisis?
Current Price. $15.53. Price as of April 25, 2022, 4:43 p.m. ET. The athletic apparel specialist is down after a negative analyst note. Here's what investors need to know. What: Shares of Under ...
Is Under Armour in trouble?
Feb 08, 2018 · Under Armour Inc.'s ( UAA, UA) stock has declined by roughly 35% over the past 52 weeks, and may be poised to fall 15% further based on a reading of the technical chart and an options market ...
Why is Under Armour stock down?
Why did UAA stock drop?
Is Under Armour a good stock to buy?
Analysts estimate that it will earn 79 cents a share in calendar 2022 after last year's 77 cents, on a 6% increase in sales, to $6 billion. The consensus calls for 2022 sales to rise about 9% and 22% at Nike and Lululemon, respectively.Apr 24, 2022
Is Under Armour stock shorted?
When did Under Armour stock split?
Is UA buy Zacks?
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.97% |
| 2 | Buy | 18.45% |
| 3 | Hold | 10.03% |
| 4 | Sell | 5.70% |
Does Under Armour stock pay dividends?
Price movement of Under Armour
Under Armour (UA) has a market cap of $9.5 billion. UA fell by 5.5% to close at $41.15 per share on April 11, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -48.6%, -45.8%, and -46.0%, respectively, on the same day.
Jordan Spieth lost, and Under Armour fell
Under Armour fell 5.5% after Jordan Spieth lost the Masters Golf Tournament. Spieth has signed a ten-year agreement to wear the company’s golf shoes and other clothes.
Performance of Under Armour in 4Q15 and 2015
Under Armour (UA) reported fiscal 4Q15 net revenues of $1.2 billion, a rise of 30.8% compared to net revenues of $895.2 million in fiscal 4Q14. Revenues from licensing and connected fitness rose by 43.1% and 220.8%, respectively, in fiscal 4Q15 compared to fiscal 4Q14.
Fiscal 2015 results
In fiscal 2015, UA reported net revenues of $4.0 billion, a rise of 28.5% year-over-year. The number of factory house and brand house door counts rose to 161 and 30, respectively, in fiscal 2015.
Does Under Armour trade at bargain prices?
A company that has grown its top line over 20% per year for six consecutive years is usually not going to trade at bargain prices. In fact, Under Armour hasn't traded at a P/E ratio below 30 since the peak of the financial crisis.
How much revenue does Under Armour have?
Under Armour has given revenue guidance of $7.5 billion for 2018. The company is currently on pace to crush that number. The company ended 2015 at just under $4 billion in revenue. To get to $7.5 billion, Under Armour will have to grow revenue at about 24% annually.
How much did Under Armour grow in 2015?
The company ended 2015 at just under $4 billion in revenue. To get to $7.5 billion, Under Armour will have to grow revenue at about 24% annually. It has grown more than 30% the last two quarters and has not seen sub-24% growth since the second quarter of 2013.
Stagnating Revenue
Under Armour has seen its revenue stagnate for some time now, and that is the primary reason the stock has fallen so sharply since peaking in October of 2015 from a price around $50 per share, to a price of $13.10 on February 6—a decline of about 74%.
Bearish Bets
The stagnating revenue is likely why traders are so bearish on the upcoming results. The long straddle options strategy is pricing in a rise or fall in the stock of roughly 15% from the $13.50 strike price set to expire on February 16.
Critical Support Level
The chart of Under Armour also tells a story of a stock that is likely heading lower. The stock has been trending lower since peaking at $16.70 back at the end of December, after filling a gap created the last time the company reported results on October 31.
Where is Under Armour's headquarters?
Under Armour’s world headquarters in the Locust Point neighborhood of Baltimore.
When was Under Armour founded?
It is a far cry from 2015, when Under Armour, founded in 1996 as a maker of high-tech athletic gear, had overtaken Adidas to become the second-largest sports apparel company in the United States by sales, behind only Nike.
What was the first product of Under Armour?
Beginning with its first product, a T-shirt that wicked away sweat, Under Armour redefined the category, from its HeatGear and ColdGear fabrics in the late 1990s to, more recently, sleepwear intended to help athletes recover from a big game.
