Wednesday, April 22, 2015

Is It Possible To Justify The Value On Under Armour?


Summary

  • Under Armour reported solid Q1'15 earnings with strong revenue growth.
  • The athletic retailer continues to obtain success from endorsements of athletes before they become a huge success.
  • The forecasted 2015 numbers and future growth potential doesn't justify a stock trading over 75x 2015 EPS estimates.
   The recent success of athlete endorsers Jordan Spieth at the Masters and Steph Curry during the current NBA season are no doubt exciting and unexpected benefits to Under Armour (NYSE:UA). Investors though need to check the enthusiasm over the recent success of these two athletes. It takes continued success and time to become a Tiger Woods or LeBron James.


 Read the full article on Seeking Alpha.


 Disclosure: No positions mentioned.  Please read the disclaimer page for more details.

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