Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $58.60, above its previous 52-week high of $58.48 with 97,170 shares traded as of 9:40 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.
Under Armour has a market cap of $4.76 billion and is part of the
industry. Shares are up 60.7% year to date as of the close of trading on Thursday.
Under Armour, Inc. engages in the design, development, marketing, and distribution of apparel, footwear, and accessories for men, women, and youth worldwide. The company has a P/E ratio of 61.2, above the average consumer non-durables industry P/E ratio of 60.6 and above the S&P 500 P/E ratio of 17.7.
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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, increase in net income, good cash flow from operations and solid stock price performance. 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. You can view the full
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