Professional
Added to YB: 2023-12-04
Pitch date: 2023-12-04
UAA [bullish]
Under Armour, Inc.
-48.76%
current return
Author Info
No bio for this author
Company Info
Under Armour, Inc., together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth.
Market Cap
$1.8B
Pitch Price
$8.45
Price Target
15.00 (+246%)
Dividend
N/A
EV/EBITDA
6.98
P/E
-20.40
EV/Sales
0.65
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Under Armour: Maintaining BUY
UAA: BUY w/ $15 PT per Argus. Rebounding via inventory mgmt, brand elevation, rewards program, cost cuts. New CEO focusing on youth, women, intl growth. Tripling addressable mkt w/ casual 'Live' line. Q2 beat w/ $0.24 EPS, $1.6B sales on DTC & intl strength. Shifting to DTC & premium for margins. Undervalued after pullback. Medium-Low financial strength. Buybacks show confidence in growth outlook.
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