Tag: Under Armour

Positive sentiments for General Motors and Under Armour Inc

GM – General Motors Company is a leading automotive company which designs, builds and sells cars, trucks and auto parts across the globe.

GM – General Motors Company

Fundamentals Previously closed at 32.19
Day’s high 32.41
Day’s low 32.00
P/E ratio 5.45
EPS 5.91


Analysts opinion GM has been doing well with improvements in profits in all of its business units. Its adjusted earnings increased 46.5% to $1.26 a share for Q1, crushing wall street estimates by a huge surprise factor. It reported revenues of $37.3 Billion, 4.5% higher than its previous year Q1. GM also managed to break even in Europe and make strong profits in China markets. Also GM recently unveiled Chevrolet Bolt EV, with the deliveries in early 2017. It is expected to make a huge impact in the electric vehicle mass market, competing with Tesla’s model 3.
Sentiments Despite having invested $500 million in Lyft, paying a $300 million union worker buyouts and $60 million for stockholder lawsuits, GM still managed to earn significantly greater than wallstreet estimates. This is bound to have a bullish sentiment for the stock
Social Media Pulse The stock has 100% higher chatter than usual.

Continue Reading…

Electronic Arts and Under Armour all set for a rising sentiment index

$EA – Electronic Arts Inc, last closed at 69.79 – Bullish (Medium term)

Electronic Arts Inc is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services. The Company’s brands include Battlefield, Mass Effect, Need for Speed, Dragon Age, The Sims, Bejewelled and Plants v/s. Zombies, as well as brands based on licensed intellectual property such as FIFA, Madden NFL and Star Wars.

The stock has a market cap of $21.69 billion and a price-to-earnings ratio of 27.61. The company has a 50-day moving average of $67.65 and a 200 day moving average of $69.67. Electronic Arts has a one-year low of $53.55 and a one-year high of $76.92.

EA reported its Quarterly Earnings on Thursday for Q4, with EPS at $1.73, and revenue of $1.07 Billion beating the wall street consensus. Revenues have fallen by 5% from this quarter last year, when EA saw revenues of $1.12 billion. EA was down 11% yesterday post the announcement.

It is expected to plunge lower today, creating a resistance at $58 and surge towards a consensus target of ~ $80. Despite a whole bunch of analysts giving the “Buy” Rating for the stock, the sentiment index remains low, indicating a fall in the prices today.

Continue Reading…

Bluebird Bio and Under Armour may see a positive sentiment in the long run

UA – Under Armour, Inc – last closed at $69.96 – Bullish (Long term)

Under Armour, a sportswear giant’s stocks fell about 11% yesterday, with the news of Morgan Stanley Downgrading the stock to “Sell”. Jay Sole, an analyst at Morgan Stanley, cut its stock price target for UA from $103 to $62. According to Jay Sole, the UA has changed its pricing, and marketing strategy. “UA has always competed on brand image and innovation, rarely on price. This change in trend is a major concern because this positioning threatens to erode UA’s premium brand image and ultimately its long-term growth potential.” he says.

A 2014 report from Sport Scan said Under Armour surpassed Adidas to become the No. 2 sportswear brand in the U.S., trailing only Nike Inc. Under Armour revenue at the company has grown at least 20 percent in 22 consecutive quarters. The revenue for Q3 has been looks good for the company.

The downgradation of the stock looks like the only reason for the stock price fluctuations. So, according to analysts, though the market sentiment is bearish, it might be short lived and the market would be bullish for long term investors.

Continue Reading…