Top Performer of the day: Under Armour, Inc. (NYSE:UAA)

Top Performer of the day: Under Armour, Inc. (NYSE:UAA)

One indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Under Armour has a 1 year low of $10.36 and a 1 year high of $21.81.

The stock traded on impressive volume of 8.04 Million comparing to the average volume of 5248.12 shares, completing picture of exact trends with uncompleted dots in volume over the norm.

For the full year, revenue rose 3% to $5 billion, as wholesale sales fell 3% to $3 billion and direct-to-consumer sales rose 14% to $1.7 billion. Analysts polled by Zacks Investment Research were looking for earnings of a penny per share.

Under Armour (NYSE:UA) last posted its earnings results on Tuesday, February 13th.

Under Armour on Tuesday reported another sales decline in its key North America market but overall revenue beat analysts' estimates on strong global demand, sending the sneaker company's shares up more than 15%. (UAA). Average true range (ATR-14) of the company is at 0.63. Finally, Susquehanna Bancshares reissued a "sell" rating and issued a $15.00 price target on shares of Under Armour in a research report on Monday, October 23rd. While talking about Performance of the Stock, Under Armour, Inc. now has a Weekly performance of 27.48%, monthly performance percentage is 10.45 percent, Quarterly performance is 33.39 percent, 6 months performance shows a percent value of -11.31% and Yearly Performance is -21.67 percent. Direct-to-consumer represented 35% of global revenue previous year. The performance beat the $1.31 billion in revenue analysts surveyed by Zacks expected. FMR LLC now owns 2,961,380 shares of the company's stock worth $59,702,000 after purchasing an additional 320,600 shares in the last quarter. BlackRock Inc. bought a new stake in Under Armour in the second quarter valued at $238,861,000. The biggest holder now is Mr. J. Scott Plank who owns 2,463,848 shares (0.56% of those outstanding), whilst Ryan S. Wood holds 1,126,942 (0.26% of shares outstanding) and Harvey L. Sanders holds 235,426 (0.05% of shares outstanding).

FSMNews

Raymond James Financial reaffirmed a "sell" rating on shares of Under Armour in a research report on Tuesday. Investors can maximize their rates of return by buying and selling stocks when they are trading below and above their price targets, respectively.

But a string of disappointing results had eroded investor confidence recently, with the stock heavily shorted.

Gross margin for the year declined 140 basis points to 45 percent, while adjusted gross margin, which excludes a 5 million dollars impact from restructuring efforts, was 45.1 percent.

WARNING: "Investors Purchase High Volume of Under Armour Call Options (UA)" was originally published by StockNewsTimes and is the property of of StockNewsTimes. Footwear revenue was up 3 percent to 1 billion dollars, driven by strength in running and men's training mitigated by basketball and youth, while accessories revenue increased 10 percent to 446 million dollars led by strength in men's training. The Company's segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

More news: Man City refute Leicester claims over Riyad Mahrez
More news: Study suggests possible link between highly processed foods and cancer
More news: PNB suspends 10 in a fraud involving top Mumbai jewellery designer

Related Articles

  • A medalist now too, Adam Rippon embraces role at Olympics

    A medalist now too, Adam Rippon embraces role at Olympics

    Her 41/2-minute program, set to music from "Miss Saigon", demanded eight more triple jumps, as well as high difficulty spins. Four years ago, both Rippon and Nagasu were left off the USA figure skating team for the 2014 Sochi Games.
    Samsung teases the Galaxy S9 with three vague new videos

    Samsung teases the Galaxy S9 with three vague new videos

    According to the rumor mill , the Galaxy S9 and S9 Plus cameras would have a variable aperture of between f/1.5 and f/2.4. We've already seen the official Galaxy S9 covers leak multiple times and at least two are now available for purchase.
    Mane scores hat trick as Liverpool rout Porto 5-0

    Mane scores hat trick as Liverpool rout Porto 5-0

    Mane might not have been talked about as much as Salah and Firmino recently, but this was a reminder of his qualities. Expect the Champions League bookmakers' odds to tumble drastically now.
  • BLACK CAT/SILVER SABLE Film Adds CAPTAIN MARVEL & KING KONG VS. GODZILLA Screenwriters

    BLACK CAT/SILVER SABLE Film Adds CAPTAIN MARVEL & KING KONG VS. GODZILLA Screenwriters

    The Secret Life of Bees and Beyond the Lights writer-director Gina Prince-Bythewood will direct Silver & Black . Created by Tom DeFalco and Ron Frenz, Silver Sable is a mercenary war criminal hunter.
    Venues revealed for 2023 Ashes series

    Venues revealed for 2023 Ashes series

    The thrashing saw Australia forfeit the Ashes, with captain Michael Clarke announcing his retirement following the game. The ECB awarded the 2023 Ashes Tests between England and Australia to the same five grounds as the 2019 series.
    Apple HomePod Owners, Beware: The Smart Speaker May Damage Wooden Furniture

    Apple HomePod Owners, Beware: The Smart Speaker May Damage Wooden Furniture

    The Apple HomePod is capable of producing audio that sounds unbelievable , but it is far from being flawless . That's one of the takeaways from two in-depth reviews the HomePad, which went on sale last week for $350.
  • Chabahar port project to feature during Rouhani's tour of India

    Chabahar port project to feature during Rouhani's tour of India

    This is the second time Rouhani will be visiting Hyderabad , but it is his first visit after assuming charge as the president. Rouhani added Iran's Chabahar Port as well as connection to Afghanistan and Central Asia is highly significant for India.
    Loris Karius 'feeling comfortable' with Virgil van Dijk in Liverpool defence

    Loris Karius 'feeling comfortable' with Virgil van Dijk in Liverpool defence

    The German has played just 18 Premier League games for Liverpool since joining last summer, but with 91 Bundesliga appearances behind him it's clear that Karius has some ability and potential.
    Shaun White Responds To Sexual Misconduct Allegations

    Shaun White Responds To Sexual Misconduct Allegations

    He continued: "I was so overwhelmed with just wanting to talk about how wonderful today was and share my experience". White rushed off stage as reporters proceeded to question him about the allegations following the conference.
  • Moto Z2 Force Limited Edition India launch today

    Moto Z2 Force Limited Edition India launch today

    For optics, it includes dual 12MP sensors in the back with f/2.0 aperture lens with support for LDAF and PDAF. According to specs listed by the Alliance, all three of these handsets will have Android Oreo pre-installed.
    Kanye West Returns To Instagram After Lengthy Social Media Hiatus

    Kanye West Returns To Instagram After Lengthy Social Media Hiatus

    Why can't he ever smile at his heart and show it? "What do I have to do to get a simple persian rug with cherub imagery uuuugh". And despite his vocal support for Trump a year ago , there's an image of Michelle and Barack Obama on his feed.

    Watching Rice Midstream Partners LP (RMP)'s Trading Levels

    The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.