Under Armour ( UA) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole was unchanged today. By the end of trading, Under Armour rose $1.25 (2.1%) to $59.71 on average volume. Throughout the day, 1,779,071 shares of Under Armour exchanged hands as compared to its average daily volume of 1,443,800 shares. The stock ranged in a price between $58.05-$59.95 after having opened the day at $58.30 as compared to the previous trading day's close of $58.46. Other companies within the Consumer Goods sector that increased today were: Pilgrims Pride ( PPC), up 10.8%, Tandy Brands Accessories ( TBAC), up 10.7%, Jakks Pacific ( JAKK), up 7.5% and MGP Ingredients ( MGPI), up 7.4%. 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 $4.9 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 51.2, above the S&P 500 P/E ratio of 17.7. Shares are up 20.5% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Under Armour a buy, 2 analysts rate it a sell, and 12 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, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
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