Under Armour, Inc. - Value Alert
Texas (June 6, 2013) Wax Ink has issued a Loss of Investment Interest rating for Under Armour, Inc. (NYSE: UA) based on a recent baseline equity review which placed fair value between $35-$43.
The recent close of $59.64 is approximately 182% above the fair value buy target for the stock and approximately 37% above the fair value close target for the stock. The recent close is also 5% below analysts’ twelve-month $63.00 median price target for the stock.
The recent close represents a 0.3% decrease in price since the last baseline equity review was conducted in January of 2011.
The stock currently has a trailing twelve-month PE Ratio of 37, and a PEG Ratio of 1.4 basis estimated forward earnings growth of 27%.
In the past 52 weeks, share prices have moved between a high of $65.55 and a low of $44.07, placing equilibrium at $55.61.
Basis the recent close, the stock is trading 10% below the 52 week high, 26% above the 52 week low, 7% above equilibrium, and has an average daily trading volume of 4.27m shares.
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.
The company's competitors include NIKE, Inc., adidas AG, and Crocs, Inc..
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in the company mentioned in this alert.
Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.
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