Under Armour Inc. (UA): Today's Featured Consumer Non-Durables Laggard
(
) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Under Armour fell $1.46 (-2.4%) to $60.35 on average volume. Throughout the day, 1,602,924 shares of Under Armour exchanged hands as compared to its average daily volume of 1,373,200 shares. The stock ranged in price between $59.90-$62.25 after having opened the day at $62.25 as compared to the previous trading day's close of $61.81. Other companies within the Consumer Non-Durables industry that declined today were:
(
), down 7.9%,
(
), down 5.1%,
Ever-Glory International Group
(
), down 3.6% and
(
), down 3.3%.
Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, the Middle East, Africa, Asia, and Latin America. Under Armour has a market cap of $5.2 billion and is part of the consumer goods sector. Shares are up 27.4% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Under Armour a buy, 2 analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates
Under Armour
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Under Armour Ratings Report.
On the positive front,
(
), up 9.1%,
(
), up 6.6%,
(
), up 6.2% and
(
), up 4.5% , were all gainers within the consumer non-durables industry with
(
) being today's featured consumer non-durables industry leader.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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