Skip to main content

Under Armour

(

UA

) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables loser. The industry as a whole closed the day up 0.8%. By the end of trading, Under Armour fell $3.36 (-3.5%) to $93.23 on average volume. Throughout the day, 1.4 million shares of Under Armour exchanged hands as compared to its average daily volume of 993,500 shares. The stock ranged in price between $92.13-$96.90 after having opened the day at $96.07 as compared to the previous trading day's close of $96.59. Other company's within the Consumer Non-Durables industry that declined today were:

Deswell Industries

(

DSWL

), down 6.3%,

G-III Apparel Group

(

GIII

), down 5.7%,

Cereplast

(

CERP

), down 5.7%, and

TheStreet Recommends

China XD Plastics

(

CXDC

), down 4.6%.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

Under Armour, Inc. engages in the design, development, marketing, and distribution of apparel, footwear, and accessories for men, women, and youth worldwide. Under Armour has a market cap of $3.99 billion and is part of the

consumer goods

sector. The company has a P/E ratio of 51.2, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 34.5% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Under Armour a buy, one analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Under Armour as a

buy

. 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front,

UniFirst Corporation

(

UNF

), up 9.7%,

Standard Register Company

(

SR

), up 7.5%,

Ocean Bio-Chem

(

OBCI

), up 7.5%, and

Resolute Forest Products

(

RFP

), up 7%, were all gainers within the consumer non-durables industry with

Colgate-Palmolive Company

(

CL

) being today's featured consumer non-durables industry winner.

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

(

XLP

) while those bearish on the consumer non-durables industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

null