|Bid||24.00 x 900|
|Ask||25.75 x 4000|
|Day's Range||24.85 - 25.27|
|52 Week Range||24.25 - 34.71|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||10.59|
|Earnings Date||Feb 28, 2019|
|Forward Dividend & Yield||0.97 (3.85%)|
|1y Target Est||28.82|
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains breaks down Under Armour's (UAA) Q4 and fiscal 2018 financial results and then dives into what's next for the athletic apparel firm as its North American struggles continue.
Gap Inc. will report its fourth quarter 2018 earnings results by press release on February 28, 2019 at 1:15 p.m. Pacific Time.
All three major U.S. stock indexes gained ground, with the S&P 500 and the Nasdaq posting their fourth consecutive advances. For the second straight day, the S&P 500 closed above its 200-day moving average, a key technical level.
Stocks extended gains and chased a rally in most Asian stock indices as President Donald Trump signaled he may be open to extending a deadline on U.S.-China trade war ceasefire.
All three major U.S. stock indexes were up, and the S&P 500 held above its 200-day moving average, a key technical level. "The market is ahead of itself until we get a deal with China," said Matthew Keator, partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. Fourth-quarter earnings season approaches the finish line, with more than two-thirds of S&P 500 having reported.
The IPO would be led by Goldman Sachs & Co., Morgan Stanley and JPMorgan Chase & Co. The announcement roiled the shares of apparel companies, with American Eagle Outfitters Inc., Gap Inc. and Urban Outfitters Inc. all falling sharply. Levi Strauss is looking to tap the market at time of increased competition for the denim industry.
Shares of Under Armour (UAA) surged nearly 7% Tuesday after the company surpassed fourth-quarter earnings and revenue estimates. Now let's break down the sportswear company's Q4 results and see what might be next for Under Armour stock.
Stock markets globally inched higher on Monday after China struck an upbeat tone as trade talks between the United States and Beijing resumed, though worries remained over the fate of Brexit. Worries about a slowdown in global growth, the U.S.-China trade dispute and the possibility of another U.S. government shutdown have been foremost on investors' minds. "The risk remains that investors are unwilling to commit to a breakout until we see what emerges from U.S.-China trade negotiations and Brexit," said John Hardy, head of FX strategy at Saxo Bank.
World stock markets edged higher on Monday, as investors eyed the resumption of trade talks between the United States and China and watched for signs of progress on Brexit. Worries about a slowdown in global growth, an ongoing U.S.-China trade dispute and U.S. politics have been foremost in investors' minds. Safe-haven bonds and the dollar have gained amid the prolonged uncertainty, but stocks have also made a good start to the year, with MSCI'S All-Country World Index up nearly 10 percent.
World stock markets rose on Monday, as investors eyed the resumption of trade talks between the United States and China and watched for signs of progress on Brexit. European markets took their cue from a 1 percent bounce in Chinese shares, which resumed trading after a week-long Lunar New Year holiday. Worries about a slowdown in global growth, an ongoing U.S.-China trade dispute and U.S. politics have been foremost in investors' minds.
Asian shares barely moved on Monday as investors were unable to shake worries about global growth, U.S. politics and the Sino-U.S. trade war, keeping the safe haven dollar near a six-week top against major currencies. China's blue-chip index surged 1.6 percent while Shanghai's SSE Composite climbed 1.2 percent. Trading volumes were generally light, with Japan on public holiday.
Asian shares started the week on the backfoot as investors were unable to shake off worries about global growth, U.S. politics and the Sino-U.S. trade war, keeping the safe-haven dollar well bid near a six-week top against major currencies. Trading volumes are expected to be light with Japan on public holiday. Investors are now looking ahead to trade talks this week with a delegation of U.S. officials traveling to China for the next round of negotiations.
MSCI's broadest index of Asia-Pacific shares outside Japan was a tad weaker after it was toppled from a four-month top on Friday. Trading volumes are expected to be thin with Japan on public holiday, while Chinese markets reopen after a week-long break for the Lunar New Year holiday. World stocks ended last week in the red amid uncertainty about global economic growth and trade tensions, posting their first weekly drop this year.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into Nike's (NKE) new deal with Major League Baseball. The episode also breaks down some news from Google's (GOOGL) YouTube TV and Hulu as the streaming TV war heats up.
Under Armour: Goldman Sachs Upgraded It to 'Buy'Goldman Sachs upgraded Under Armour On January 22, Goldman Sachs upgraded Under Armour (UAA) to “buy.” The stock didn’t move much and fell marginally. Under Armour stock has risen 15.9% YTD
The question is should investors considering buying eBay stock on the back of the new activist investor push before it reports its Q4 financial results on Tuesday, January 29?
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains breaks down Nike's new Bluetooth connected, self-lacing Adapt BB shoes before he dives into how they tie into the sportswear giant's overall digital growth plans.
TAIPEI/SHANGHAI, Jan 17 (Reuters) - One of China's top government-linked think tanks has called out Apple Inc, Amazon.com Inc and other foreign companies for not referring to Hong Kong and Taiwan as part of China in a report that provoked a stern reaction from Taipei. The Chinese Academy of Social Sciences (CASS) said in a report this month that 66 of the world's 500 largest companies had used "incorrect labels" for Taiwan and 53 had errors in the way they referred to Hong Kong, according to China's Legal Daily newspaper.
Taiwan will not bow to Chinese pressure and called for international support against Beijing's "out-of-control actions," a presidential spokesman said on Thursday, after Beijing urged companies to change the way they refer to the self-ruled island. "As for China's related out-of-control actions, we need to remind the international community to face this squarely and to unite efforts to reduce and contain these actions," Alex Huang, the spokesman for President Tsai Ing-wen, told reporters in Taipei. Companies including Apple and Amazon have "wrongly labeled" Taiwan and should take immediate actions to correct it, the state-run Legal Daily reported on Wednesday, citing a report released by Chinese government think tanks.
Under Armour’s 2019 Growth Prospects (Continued from Prior Part) ## Forward PE multiples On January 10, Under Armour’s (UAA) 12-month forward PE ratio was 58.4x. It’s trading at a higher PE multiple than its peers. Nike (NKE), Columbia Sportswear (COLM), Skechers (SKX), and Gap (GPS) have PE ratios of ~26.0x, 20.1x, 12.5x, and 9.6x, respectively. ## EPS projections for Under Armour For 2018, Wall Street analysts expect Under Armour’s adjusted EPS to increase 15.8% YoY to $0.22. For 2018, Under Armour’s management forecast its adjusted EPS at $0.21–$0.22. Earlier, it guided for adjusted EPS of $0.19–$0.22. Increases in sales could offer support to the bottom line amid rising expenses. For 2018, Under Armour’s management expects the year-end inventory to be down in a mid-single-digit rate. Also, driven by restructuring measures undertaken in 2017 and 2018, Under Armour projects annual savings of $200 million from 2019 to 2023. For 2019, analysts expect the company’s adjusted EPS to rise 50% YoY to $0.33. ## A look at EPS projections for peers Analysts expect Nike’s adjusted EPS to rise 10.5% YoY to $2.64 in fiscal 2019. For fiscal 2020, its EPS are expected to increase by 18.6% YoY to $3.13. For Columbia Sportswear, analysts’ adjusted EPS growth estimate for fiscal 2018 stands at 21.5% to $3.62. For fiscal 2019, its EPS are forecast to rise 12.4% to $4.07. For fiscal 2018, Wall Street projects that Skechers’ adjusted EPS will increase 3.8% to $1.85. For fiscal 2019, its EPS are expected to rise 8.0% to $1.99. For Gap’s fiscal 2018, analysts project EPS to be up 20.2% to $2.56, and for fiscal 2019, EPS is forecast to increase 3.5% to $2.65. Browse this series on Market Realist: * Part 1 - What to Expect from Under Armour’s 2019 Revenue Growth * Part 2 - Will Under Armour’s Margin and Bottom Line Impress in 2019? * Part 3 - What Wall Street Analysts Are Saying for Under Armour
Target (TGT) posted impressive comparable sales growth during the vital November and December holiday shopping period that helps show that its innovations to fight off Amazon's (AMZN) encroachment have paid off.
What You Can Expect for L Brands in 2019 (Continued from Prior Part) ## Margins numbers For the first three quarters of 2018, L Brands’ (LB) gross margin contracted by 240 basis points to 35.0% due to the lower gross margin at Victoria’s Secret. L Brands has seen a deceleration in its merchandise margins for Victoria’s Secret, mainly due to higher promotions. However, Bath and Body Works’ gross margin improved for the first three quarters of 2018 due to higher merchandise margins and leverage achieved in buying and occupancy costs. However, selling, general, and administrative (SG&A) expenses have risen in 2018. For the first three quarters, SG&A expenses rose 14.5% year-over-year or YoY. It’s facing higher selling expenses at Bath and Body Works due to increased sales volumes and higher wages. Expenses are also rising due to expansion in China. As a percentage of sales, SG&A expenses rate expanded by 180 basis points to 29.7%. Due to higher expenses, operating profit decreased 41.0% YoY to $437.3 million. Operating margin shrank by 430 basis points to 5.2% for the first nine months of 2018. ## EPS numbers As a result, L Brands EPS for the first three quarters of 2018 was $0.37, decreasing 66.7% YoY. Higher expenses and a substantial decrease in other income dented the bottom-line performance in 2018 despite lower taxes. In the fourth quarter, L Brands’ management expects its EPS in the range of $1.90–$2.10. However, for 2018, its adjusted EPS are estimated to be $2.60–$2.80. Analysts forecast fourth-quarter adjusted EPS to decline 4.3% to $2.02. For 2018, Wall Street analysts expect L Brands adjusted EPS to fall 15.6% YoY to $2.70, and for fiscal 2019, adjusted EPS are projected to increase 1.1% to $2.73. ## L Brands’ dividend plans L Brands slashed its dividend by 50% in November. L Brands plans to channel the $325 million in savings from the reduction in dividend toward deleveraging its balance sheet. The annualized dividend now stands at $1.20. L Brands dividend yield was 8.5%, based on its January 8 closing price of $28.20. The dividend yields for Gap (GPS), Abercrombie & Fitch (ANF), and American Eagle Outfitters (AEO) stood at 3.8%, 3.8%, and 2.8%, respectively. Browse this series on Market Realist: * Part 1 - What Wall Street Recommends for L Brands * Part 2 - Comparing L Brands’ PE Multiple with Peers’ * Part 3 - Will L Brands’ Top-Line Performance Impress in 2019?