UAA

Under Armour Inc

Consumer


Presented:04/19/2016
Price:$43.95
Cap:$9.73B
Current Price:$9.39
Cap:$4.06B

Presented

Date04/19/2016
Price$43.95
Market Cap$9.73B
Ent Value$18.38B
P/E Ratio41.86x
Book Value$9.18
Div Yield0%
Shares O/S221.31M
Ave Daily Vol7,416,734
Short Int12.28%

Current

Price$9.39
Market Cap$4.06B
Under Armour, Inc. engages in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. It operates through the following geographical segments: North America, Latin America, Europe, the Middle East, and Africa. The company was founded by Kevin A. Plank in 1996 and is headquartered in Baltimore, MD.

Publicly traded companies mentioned herein: adidas AG (ADS GR), Foot Locker Inc (FL), Nike Inc (NKE), Under Armour Inc (UA) 

Highlights

The presenter is short shares of Under Armour (UA) at present levels (~$44), and said he sees building inventory at retail, headwinds for the company’s footwear segment, and an underperforming women’s business leading to potentially disappointing top line numbers over the course of 2016. He sees downside risk for shareholders to ~$36 (45x his 2017 EPS forecast) and thinks the timing and setup are right for a directional short play because “Street-wide sentiment seems to be that UA will continue to hit its targets”.

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Idea Discussion

Commentor 1 - 2 weeks ago

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