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: Sensex rises over 200 points, Nifty near 10600
More news: Watch a 13-year-old Adam Rippon describe his Olympic dreams
More news: Cleveland Cavaliers almost traded for DeAndre Jordan

Related Articles

  • 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.
    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.

    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.
  • Study suggests possible link between highly processed foods and cancer

    Study suggests possible link between highly processed foods and cancer

    Tom Sanders of the King's College London agreed that the term "ultra-processed food" was "difficult to define". It said ultra-processed foods with high levels of sugar, fat and salt were linked to the disease.
    PNB suspends 10 in a fraud involving top Mumbai jewellery designer

    PNB suspends 10 in a fraud involving top Mumbai jewellery designer

    On the BSE on Wednesday, PNB's shares closed at Rs 145.80, down from Rs 161.65, the closing price on Tuesday. A diamond necklace designed by Modi fetched Rs 13 crore at a Christie's auction in Hong Kong in 2015.
    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.
  • Man City refute Leicester claims over Riyad Mahrez

    Man City refute Leicester claims over Riyad Mahrez

    Manchester City have responded to Claude Puel's claims that they showed a lack of respect during the Riyad Mahrez saga. It was important to keep united with the players and the team - this is the most important thing.
    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.
    Google introduces ad blocker to Chrome: here's how it will work

    Google introduces ad blocker to Chrome: here's how it will work

    However, Google will not remove all its ads, only those that do not conform to standards from the Coalition for Better Ads . Large sticky ads? You know, the ones that stay on your screen even as you try to scroll past them.
  • 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.
    Donald Trump Jr. slams 'disgusting individuals' after wife's hospitalisation

    Donald Trump Jr. slams 'disgusting individuals' after wife's hospitalisation

    As if the Monday work grind isn't enough of a downer, on Monday, Donald Trump Jr .'s wife woke up to more than she expected. She and two other people in the apartment at the time were decontaminated by firefighters who attended the scene.
    USA  inflation data spells more trouble for stock markets

    USA inflation data spells more trouble for stock markets

    Food prices barely rose overall, but tomato prices shot up 16% compared with a year ago, the largest increase since 2014. Inflation last month was driven by gasoline prices, which rebounded 5.7 percent after falling 0.8 percent in December.