UA

Under Armour
NYSE

Real-time Quotes | Nasdaq Last Sale

14.50
-0.14
-0.96%
After Hours: 14.55 +0.05 +0.34% 18:02 11/23 EST
OPEN
14.83
PREV CLOSE
14.64
HIGH
14.88
LOW
14.42
VOLUME
3.15M
TURNOVER
--
52 WEEK HIGH
19.65
52 WEEK LOW
6.37
MARKET CAP
6.59B
P/E (TTM)
-8.7693
1D
5D
1M
3M
1Y
5Y
News
Financial
Releases
Corp Actions
Analysis
Profile
Lululemon founder Chip Wilson: Retail will recover after COVID-19
Lululemon founder Chip Wilson weighs in on the future of retail after the COVID-19 pandemic.
Yahoo Finance · 11h ago
Macy's CEO: Our 700-plus stores are essential businesses during COVID-19
Macy's CEO Jeff Gennette pretty much says his retailer is just as essential as grocery stores during COVID-19.
Yahoo Finance · 3d ago
Skechers or Under Armour: Which Footwear Stock Is Poised To Recover Faster?
The holiday season is the most important business period for retailers and accounts for a notable chunk of their annual sales. Sales of athletic apparel and footwear have improved in the third quarter due to the reopening of stores following COVID-related closures and continued strength in e-commerce channels.However, Matt Powell, NPD’s Senior Industry Advisor-Sports, expects a challenging holiday season for the sports retailers due to the pandemic. He expects both athletic footwear and activewear apparel sales to decline in the low single-digits in 4Q. There are some bright spots, with Powell expecting robust running shoes and hiking and cold weather boots sales this holiday season. Bearing in mind a difficult retail landscape, we will use the TipRanks Stock Comparison tool to pit Skechers and Under Armour against each other to choose the better investment opportunity. Skechers (SKX)Skechers has taken its place as one of the fastest growing footwear brands in recent years. The company rapidly expanded its presence in the international markets, which accounted for about 58% of 2019 sales. Pandemic-led retail store closures hurt the company’s growth plans and caused a 42% year-over-year decline in 2Q sales. However, Skechers fared better in 3Q due to the reopening of the economy following the easing of lockdown mandates.Its 3Q sales fell 3.9% year-over-year to $1.3 billion. The company’s domestic wholesale business returned to growth, increasing 6.3% due to pent-up demand. That said, international wholesale sales dropped 0.5% due to continued challenges in the distributor-led markets. Direct-to-consumer (includes retail locations and e-commerce) sales fell 16.9%, as a 172.1% gain in domestic e-commerce sales was more than offset by lower store sales in the domestic as well as international markets.The company has, however, experienced double-digit growth in key international markets like China, Germany and Australia. Overall, lower sales and higher expenses resulted in a 20.9% decline in 3Q adjusted EPS to $0.53. Meanwhile, Skechers is investing in its digital capabilities to support growing e-commerce sales. In 3Q, the company launched a new website and two mobile applications. It also rolled out buy online, pick up in-store and buy online, pick up at curb options in the majority of its US stores and updated its in-store point-of-sale systems.To further boost its e-commerce growth, Skechers is set to upgrade its e-commerce platforms in Canada, Europe, Japan, India and South America. It has also expanded its European distribution center and opened new distribution centers in Panama and Colombia. Coming to store footprint, Skechers opened 24 company-owned stores and 189 third-party Skechers stores globally in 3Q. The company ended the quarter with 3,770 stores. (See SKX stock analysis on TipRanks)Despite the better-than-anticipated 3Q performance, Susquehanna analyst Sam Poser downgraded Skechers to Hold from Buy and lowered the price target to $35 from $41 due to a lack of visibility on the outlook. The analyst noted, “Despite beating 3Q20 EPS and revenue expectations, the outlook is not as robust as expected. Inventory levels are elevated, and G&A [general and administrative] dollar spend appears high."Poser also feels that in the short-term, the company’s excess inventory could result in margin pressure for at least the next two quarters.The Street is cautiously optimistic about Skechers, with a Moderate Buy analyst consensus based on 3 Buys, 2 Holds and no Sell ratings. With shares down 23.1% year-to-date, the average price target of $41.25 indicates an upside potential of 24.1% in the coming months.Under Armour (UAA)The pandemic threw additional challenges at Under Armour when it was already under pressure. It has faced various issues like slowing sales growth due to lack of innovation, heightened competition from Nike and Adidas and the SEC’s investigation into the company’s accounting practices. Moreover, the footwear and apparel company relies heavily on wholesale channels, which include specialty and independent retailers, department stores and off-price retailers. This dependence diluted the brand’s premium image and impacted its margins as well. As part of its transformation strategy, Under Armour is focusing on premium wholesale distribution to protect its brand and is reducing its exposure to the off-price channel and other undifferentiated distribution points.Even in its DTC or direct-to-consumer business (which includes the company’s brand and factory house stores and e-commerce), Under Armour intends to drive its premium brand positioning by pulling back on promotions and discounts. The company is also investing in innovation and its recent product offerings in the women’s category include the Infinity sports bra, Meridian leggings and the UA HOVR Breakthru basketball shoe.Meanwhile, the pandemic-led store closures had a significant impact on Under Armour. Revenue declined 23% and 41% in 1Q and 2Q, respectively. Having said that, the reopening of stores along with strong online sales helped the company deliver better-than-expected results for the third quarter. Revenue increased marginally to $1.43 billion in 3Q while adjusted EPS grew 13% to $0.26.The 3Q top line gained from a 17% rise in DTC revenue, mainly driven by a 50% increase in e-commerce sales. However, wholesale business declined 7% primarily due to weakness in North America. In terms of product categories, footwear and accessories revenue grew 19% and 23%, respectively, while apparel revenue fell 6% in 3Q. (See UAA stock analysis on TipRanks)Looking ahead, Under Armour now anticipates that revenue will decline at a low-teen percentage rate in 4Q, marking an improvement from the previous outlook of a 20%-25% decline. For the full year, it expects revenue to fall at a high-teen percentage rate.On Nov. 17, Wells Fargo analyst Tom Nikic upgraded Under Armour to Buy from Hold and increased the price target to $23 from $15. In a research note to investors, the analyst stated, “In recent years, we’ve seen several big turnarounds by athletic brands (LULU, Adidas, etc.), and we think UAA is poised to be the next. After years of struggles, we believe that the brand is finally starting to turn (as evidenced by the first positive DTC comp in over 3 years in 3Q), and we believe investors will look toward this stock given its lagged athletic peers significantly YTD.”UAA's Moderate Buy analyst consensus is based on 6 Buys, 12 Holds and 1 Sell. Shares have plunged 22.7% so far this year and the average price target of $15.47 implies further downside potential of 7.3% from current levels. ConclusionSkechers’ operational performance was better than Under Armour's prior to the pandemic (Skechers’ sales grew 12.5% in 2019 while Under Armour’s sales rose 1.4%). Under Armour’s turnaround efforts are helping it to move in the right direction. However, Skechers appears well-positioned to bounce back faster when the pandemic fades. Moreover, the Street estimates indicate a recovery in Skechers’ stock in the coming months, making it a better pick than Under Armour currently.To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment
TipRanks · 3d ago
Macy's might never see daylight: analyst
It could be a bleak holiday season for Macy's, Wall Street warns.
Yahoo Finance · 4d ago
Under Armour exits yet another school sponsorship deal as part of big shrink
Under Armour has backed out of another expensive university apparel sponsorship deal, its third in the past six months.
Yahoo Finance · 4d ago
Under Armour (UA) Extends Rally After Analyst Upgrade
Under Armour (UA) shares rose during Wednesday's session after Argus upgraded the stock to Buy with a $20 price target.
Investopedia · 5d ago
Under Armour upgraded to buy at Argus
The "Halftime Report" traders debate Argus' bullish call on Under Armour.
CNBC.com · 5d ago
Ratings thaw on Under Armour continues with Argus turning bullish
Argus hikes its rating on Under Armour ([[UA]], [[UAA]]) to Buy from Hold on its view that the prospects for an earnings recovery make the current valuation attractive. "UAA shares
Seekingalpha · 5d ago
More
Forecast
EPSBVPSCFPS
Actual (USD)
Estimate (USD)
Income StatementMore
Net IncomeTotal RevenueOperating Income
Net Income (USD)
YoY (%)
Balance SheetMore
Total Assets (USD)
Total Liabilities (USD)
Debt to Asset (%)
Cash FlowMore
OperatingInvestingFinancing
Operating (USD)
YoY (%)
Learn about the latest financial forecast of UA. Analyze the recent business situations of Under Armour through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
Analyst Rating

Based on 1 analysts

Underperform

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

Analyst Price Target
The average UA stock price target is 14.00 with a high estimate of 20.00 and a low estimate of 8.00.
EPS
Institutional Holdings
Institutions: 649
Institutional Holdings: 175.08M
% Owned: 38.51%
Shares Outstanding: 454.67M
TypeInstitutionsShares
Increased
74
12.57M
New
100
4.12M
Decreased
114
16.31M
Sold Out
0
0
  • Performance
  • Asset Allocation
  • Dividend History
No Data
Industry
Apparel & Accessories
+1.91%
Textiles & Apparel
+1.40%
Key Executives
Chairman/Director
Kevin Plank
President/Chief Executive Officer
Patrik Frisk
Chief Financial Officer
David Bergman
Corporate Executive
Stephanie Pugliese
Chief Operating Officer
Colin Browne
Executive Vice President/General Counsel/Secretary
John Stanton
Other
Lisa Collier
Other
Paul Fipps
Senior Vice President
Kelley McCormick
Other
Kasey Jarvis
Vice President/Managing Director
Massimo Baratto
Other
Tchernavia Rocker
Lead Director/Independent Director
Alvin Krongard
Director
Westley Moore
Independent Director
George Bodenheimer
Independent Director
Douglas Coltharp
Independent Director
Jerri DeVard
Independent Director
Mohamed El-Erian
Independent Director
Karen Katz
Independent Director
Eric Olson
Independent Director
Harvey Sanders
  • Dividends
  • Splits
  • Insider Activity
No Data
Access Level 2 Advance
Nasdaq TotalView
for Free
Get Now
About UA
Under Armour, Inc. is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. 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. Its products are sold across the world and worn by athletes at all levels, from youth to professional, on playing fields around the globe, as well as by consumers with active lifestyles. The Company sells its branded apparel, footwear and accessories in North America through its wholesale and direct to consumer channels. As of December 31, 2016, the Company had approximately 151 factory house stores in North America primarily located in outlet centers throughout the United States. In addition, the Company distributes its products in North America through third-party logistics providers with primary locations in Canada, New Jersey and Florida.
More
Hot Stocks
Symbol
Price
%Change

Webull offers kinds of Under Armour Inc stock information, including NYSE:UA real-time market quotes, financial reports, professional analyst ratings, in-depth charts, corporate actions, UA stock news, and many more online research tools to help you make informed decisions.

You can practice and explore trading UA stock methods without spending real money on the virtual paper trading platform.