Under Armour (UARM)

[LuvSilk]

I think as Under Armour shareholders, we should start trying to introduce Kraig Biocraft Laboratories (KBLB) to UA... It's just what they need at this point in their growth cycle. Innovation of their clothing/shoes, and something that Nike and Adidas wouldn't have... If done right, it could bring UA to the top IMO...

[johnatlanta1234]

I think its time to sell!

Brenda Piper, chief marketing officer for the animation, young adults and kids media group of Turner Broadcasting System was added to the board of Director’s of Under Armour on July 1st, 2012. Ms. Piper is already being evicted from her Atlanta home. This personally shows instability in the upper level management at Time Warner and Under Armour. I cannot see how Under Armour could be a BUY when a newly appointed member of the board has legal issues. What kind of background check did this company do?

Fulton County Magistrate Case Number: 12ED586597 It was easy to find online after I was told about it.

[DumbAnimal]

filled up on uarm option strike price 40... i think it will fly after earnings on the 27th

[super_coupe88]

OT: IVDN seems like a baby UARM in the making
http://www.investorshub.com/boards/board.asp?board_id=5377

[eastunder]

upcoming IPO's of interest to me

Mortons steakhouse
Jcrew
SAIC

[sirotka3]

I have owned a pair of Crocs for over a year now. First saw them in Puerto Rico.

They are great shoes for the summer and they don't scuff anything so I am sure boat lovers will take to them quickly.

Lightest shoe I have ever worn. I don't know about the stock though, they are more of a hot fashion than anything else. Short term sure, but long term I wouldn't go near them...

Now the first advertisement in GQ a few months ago makes sense...

[vip1999]

in my opinion, the recent down trend is due to profit taking... there are plenty of other IPOs to play it right now. CROX traded today up 42%

[sirotka3]

down again

[eastunder]

Wow. How is that for shocking? Loved the last 30 minutes of panic trading. I did manage to get a buy order filled during that period. But I have to be honest...never really expected it to go so low as to fill it.

That drop really surprises me because the report just wasn't that bad...matter of fact...I thought it was good.

So what am I missing?

UARM is a new stock. Sure...There is going to be severe profit taking but PAH LEEZE! That was complete insanity.

Did Cramer, by chance, open his mouth last night?

[eastunder]

Personally, I do. Especially if I am looking at it long.
I would buy it in pieces though and not take my whole position at once in case it still has some dropping. The chart I posted should start to develop a red area down below that 80 line, just like it did when it was above the 20 line. That was the overbought line and we have dropped to oversold line.

I thought earnings were pretty good. I suppose it's not enough to justify the PPS UARM was at but to me this whole story is just getting started with UARM. They are really branching out. I liked the youth category growing 70%. I thought that was wonderful. What did you think about the earnings?

I would imagine that during the day or this week we should be getting downgrades, holds, or something from analysts that will give me a better idea of what price traget they are looking at... but that gap down was an opportunity, Imho.

[sirotka3]

So you think it's a no brainer buy here? just to fill the gap?

[eastunder]

That puts UARM in an oversold position. A gap down tends to fill just like a gap up tends to fill.

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=uarm,uu[m,a]daclyyay[pb10!b20][...

[sirotka3]

http://biz.yahoo.com/prnews/060207/nytu065a.html?.v=1

[sirotka3]

We broke $40

Mozel Tov everyone

[eastunder]

and don't forget casual wear. People are missing the fact that the clothing isn't just for doing sports but they offer some nice looking shirts to just wear to dinner.

[sirotka3]

I think it's going to kick butt on Feb 7th. It is the 'hot' stock and 'hot' clothing for any one interested in losing weight, working out, playing sports.

As a 22 year old, I can easily see this being the new Nike if they make the right moves. They have the marketing and momentum.

Nike, Reebok, etc. have taken notice of UARM too...I think if UARM comes out with news of entering the sneaker/cleat business (aka main stream shoes)...we are golden

It's a machine that can't be stopped at that point...they just have to break the barrier to entry and then it's smooth sailing for us loyalists.

[eastunder]

Your welcome, but it was just a guess based on the 9 day and the 14 day moving average. LOL

I actually sold it thinking at some point we might come back down to the 30 range because every analyst out there is so negative on the stock being overpriced.

Im very interested in what it does at this 40 range and whether it can get over that hump on volume.

Good luck! I hope earnings blow then away

[papuma]

wow!!! That was accurate calculation. Thanks.

[eastunder]

nine day @ 36.59
14 day @ 36.46

[eastunder]

That's unusual for my chart posting to work. LOL

Direct answer...Are we headed to 40?

It appears so. Trend line isn't broke yet.

But we can easily retest that 14 day again before we reach a $40 point, which is why I posted the chart.

We have done it twice we will do it again. Easiest spot to safely buy or add to a stock with limited risk involved, IMHO.

A good PLUS: Earnings before the bell on Feb 7th. December sales involved. I imagine it may be a big surprise to the analyst who said it is currently fairly valued and set a 12 month target of $39 dollar on it. Underarmour was flying out of our Dicks sporting goods at Christmas time.

[eastunder]

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=uarm,uu[m,a]daclyyay[pb9!b14][v...

[coolnwo]

What do you guys think are we going back to 40?>

[eastunder]

Well that looks better.

[eastunder]

We have touched the 14 day moving average

Hopefully we might go up now

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=uarm,uu[m,a]daclyyay[pb9!b14][v...

[eastunder]

Sorry. I have a horrible problem posting charts. The averages didn't show up on that. Maybe I needed to post the whole thing. If this doesn't work maybe someone else can post it?

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=uarm,uu[m,a]daclyyay[pb9!b14][v...



Have a wonderful evening!

[eastunder]

Well, we have almost touched the nine day, which actually shows at 33.08 on this chart. Now the question is are we headed to that 14 day, which is shown at 30.84?

Any one have any ideas as to where we are headed and why we are headed there?

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=uarm

[eastunder]

Chart wise...IMHO...we filled that open gap today which was at 36.74

I'm a strong believer in that needed to happen.

I'm looking for support at the nine day right now since their is nothing else available to look at. The nine day is currently at around 33.26 after that the 14 day is at 30.96.

I hope to be able to add at both of those prices.

I can't help but think this is healthy for the stock. A good retraction before we continue was important.

Anyone else have an opinion on that? A different opinion on the chart?

J

[eastunder]

I wish I could answer that but I can't. If you are still learning the options market, you are one BIG step ahead of me.

I'm strictly a check a chart, buy a stock, pray a lot, sell it right kinda gal! LOL

Hopefully someone else can answer that here. I do find it interesting we were not far off from our 40 pull back guess!

Best wishes!
Jen

[sirotka3]

I am still learning the whole options market...

Why would the high level of puts (we have no idea how high or low these puts are) indicate whether the stock is bullish or not?

If there are a large amount of puts being traded (say most people who own the stock have made a nice gain and want to sell the puts so that either way they lock into their gains). That means that most shareholders think the stock won't go higher right?

[eastunder]

Schaeffer's Daily Market Blog Features Learning Tree International, The Dress Barn, McDermott, Under Armour, and iShares MSCI Japan Index Fund

2:16 PM Under Armour May Still Have More Upside

Put options on newly traded public company Under Armour (NASDAQ:UARM) are active today as the company is pulling back from highs near the $40 mark reached yesterday. In fact, more than six times the average put volume for UARM has changed hands thus far today. This high level of pessimism toward the security could make today's pullback a good buying opportunity given the strong upward trend of late.

[eastunder]

I never actually saw what Cramer had to say, just heard it second hand.

I also was lurking well before the IPO came out, just waiting until they figured it all out. Seemed like it to FOREVER, didn't it? LOL!

And now this. Darn nice stock. I'm pretty happy.

J

[sirotka3]

Cramer mentioned the IPO on his show a while ago. I take what he says with a grain of salt, but I certainly use some of his ideas to find new stocks with. The second I heard they were going public I was interested...I am in my early 20's. I am part of the hardest group to demographic...I/my friends see Under Armour everywhere. Anyone who is the least bit athletic likes their stuff.

Forward looking splits sounds fabulous to me.


I just hope that people don't pull out of it because they got a quick gain and it causes us to come down quickly.

[eastunder]

Agree. We have other things to consider. Like how our Dec will effect the Quarter, that it's not only a winter product but an all year round product, and what the potential is for forward splits at some point down the road.

Plus, I have always liked the product but never paid much attention to where it sits in stores and how many items are offered. In Dicks, UA was all over the place. Even folded on tables in the Center of the aisles as you moved around the place.

I also noticed a movie the other day where the insignia was on hats, shirts and background billboards. Never caught that before owning the stock. Now I am paying attention. They seem to be doing excellent marketing.

Cramer is really plugging it on his show as being the best of breed, as well, so I think we have some real positives happening here.

Opinion?

[sirotka3]

we are near 40...

im not sure it's worth raising my cost average from 25 to in the low 30's by selling and trying to buy back on a dip...

it almost might be more benefitial (and safer) to stick with what I have and hope the best long term.

The product is great and most importantly it has a serious following in the teenage-mid 20's demographic.

If they can continue to market well, they can become a giant like addidas, nike, reebok. It's only a matter of time before
they knock down other doors in the apparel business.

They certainly have the momentum.

I think I just talked myself out of selling and waiting for a pull back.

5 years from now, if the company has lost some of it's lust...I guess it will be time to sell.


I would welcome any feedback (negative or positive).

[JEMFinance]

I bought back in @ 22.53 and am quite happy. UARM has a very good product and everybody I know has at least 1 pair for the workout room. But the way it's trading I think you are right about a $40 pullback. I've been watching it very close the past 2 weeks looking for any signs of a slowdown/regression.

[eastunder]

I have thought about it, but I would really like to own UARM for longterm, seeing it's a new IPO, and possibly just add to positions at drops instead of remove myself and buy back.

I do keep thinking about the $40 it hit on the first day of trade and thinking that might be the price level at which a pull back will occur. I'll probably make a decision around that point whether I want to sell and buy back a little bit lower or just close my eyes and add if it drops.

It is such a wonderful product and in high demand that I hope the stock eventually pulls out some forward splits and I certainly want to own it when they do.

[sirotka3]

anyone consider selling into the strength? we are in the mid 30's already

[eastunder]

Wiseman,

Did you ever decided to buy the stock?

J

[Wiseman68]

eastunder- thanks for the link on some news website, i will try the free one and see how it compares to rest of my dd sites. appreciate it -cheers

[eastunder]

http://aolsvc.news.aol.com/business/article.adp?id=20051118165709990007

Under Armour Posts Gains in Trading

WASHINGTON (AP) - Under Armour Inc. scored a touchdown Friday with a sharp price gain in its first day of trading, overshadowing the initial public offerings of insurer Amerisafe Inc. and Dover Saddlery Inc.

Under Armour, a Baltimore-based maker of athletic wear, closed at $25.30 a share, up 95 percent from its IPO price of $13 a share for 12.1 million shares.

Under Armour's performance ranks as the second-best debut of an IPO in the U.S. market this year, after that of Chinese search engine Baidu.com Inc. It also marks the best first-day performance of a U.S. company since semiconductor company Transmeta Corp. gained 115 percent on its first day of trading in November 2000, according to data from Thomson Financial.

The stock had opened at $31 a share earlier Friday, more than double its IPO price.

The offering price came in above the expected price range of $10 a share to $12 a share. Goldman Sachs Group Inc. raised the projected price range for the stock on Tuesday from its previous level of $7.50 a share to $9.50 a share.

Under Armour sells its garments to athletes and weekend warriors alike.

Investors have indicated a keen interest this year in specialty athletic gear and retailers, with IPOs from Zumiez Inc. and Volcom Inc. producing double-digit percentage gains on their first days of trading. Volcom designs surfing and skateboard apparel, while Zumiez operates retail shops dedicated to selling such clothing.

Under Armour, which was founded in 1995 by former University of Maryland football player Kevin Plank, focuses on clothing that wicks away sweat and cuts down on chafing during exercise. It has seen its revenue rise 127 percent a year. It reported net income of $12.7 million in the first nine months of 2005 on net revenue of $193.8 million, compared with net income of $10.2 million and revenue of $135.5 million in the same period of 2004.

DeRidder, La.-based Amerisafe's stock closed at $9, flat with its offer price on the Nasdaq.

The offering price for the 8 million shares came in at the low end of the expected price range of $9 to $11 set by underwriters Friedman Billings Ramsey Group Inc. and William Blair & Co.

Amerisafe, which began operations in 1986, specializes in worker's compensation insurance for small and mid-sized businesses in hazardous industries like logging and construction. It's a higher-rate business that can command three times the average insurance rates, and the company may see higher revenue in the months ahead as post-hurricane construction activity increases in affected areas of the Gulf Coast.

But the broader trends of improving rate and risk selection that began in 2000 started to slow last year, and Amerisafe states in its prospectus that more price competition from rivals may lie ahead. The company reported total revenue of $203.1 million and net income of $526,000 in the first nine months of 2005, compared with revenue of $182 million and net income of $6.8 million in the same period of 2004.

Dover Saddlery, an equestrian-products retailer, closed at $10.25 a share, up 2.5 percent from its offer price of $10 a share.

The Littleton, Mass.-based company sold 2.75 million shares through W.R. Hambrecht & Co.'s auction process. The price came in at the low end of its expected price range of $10 to $14, which was reduced Thursday from its previous level of $12 to $16.

The company plans to use the proceeds from its IPO to open more retail stores - it now has four - as it tries to grab more market share in an industry that has traditionally been served by small shops. It reported net revenue of $44.5 million and net income of $635,000 in the first nine months of 2005, compared with revenue of $42 million and net income of $1.1 million in the same period of 2004. The company says in its prospectus that the cost of opening new stores contributed to the decline in profits this year.

Two other IPOs - that of Actions Semiconductor Co. and IntraLinks Inc. - never made it to the pricing stage Thursday night. Actions Semiconductor, a Chinese designer of chips for MP3 players, cut its price range to $8 a share to $9 a share after underwriter Credit Suisse First Boston Corp. couldn't attract enough interest at the $9.50 a share to $11.50 a share range. The offering is now scheduled to price on Monday.

IntraLinks, a New York City company that provides Web-based work areas to help businesses share information online, postponed its deal indefinitely, citing market conditions.

[eastunder]

http://www.thestreet.com

Under Armour's Jacked Up

By TSC Staff
11/18/2005 3:08 PM EST


Under Armour (UARM:Nasdaq - commentary - research - Cramer's Take) is like Transmeta (TMTA:Nasdaq - commentary - research - Cramer's Take) in no way, save one -- the last company to see a first-day pop of 100% was the microprocessor outfit five years ago, until now.

The Baltimore-based athletic apparel maker priced an IPO of 12.1 million shares at $13 each, but the stock hasn't even been close to that puny level.

Under Armour's shares opened at $31 and were lately going for $25.62, up $12.62 from the pricing. Nearly 16 million shares had traded.

Under Armour was founded by 33-year-old Kevin Plank, a former football player at the University of Maryland and the company's CEO. Known for its "protect this house" catch phrase, Under Armour sells socks, shirts, shorts and other sports clothes.

The company supplies Major League Lacrosse, Major League Soccer, the National Hockey League, USA Baseball and the U.S. Ski Team. Under Armour is also worn by numerous NFL and college football players, the company says.

[eastunder]

http://aol.fool.com

Under Armour Over the Top
By W.D. Crotty (TMFWD40)
November 18, 2005

If Thursday's post-IPO trading in solar cell company SunPower (Nasdaq: SPWR) didn't amaze you, then the trading in Under Armour (Nasdaq: UARM) certainly should.

This company with the funny name is not in the underarm deodorant business, nor is it providing armor for the vehicles in Iraq, but maybe it can expand into one of those areas with all of the cash it raked in from its initial public offering. No, these folks are in the athletic apparel business. But they did start off with a T-shirt that would supposedly "wick perspiration off your skin." The rest is microfiber history.

Don't snicker. This company has grown sales from $5 million in 2000 to $263.4 million for the 12 months ended Sept. 30, 2005. That's a 121% compounded annual growth rate (CAGR). Operating income has followed suit, compounding at 121% over the comparable period.

The marketing strategy starts with its products to professional sports leagues, major collegiate teams, and Olympic athletes. High-profile athletic use strengthens the brand authenticity and, therefore, consumer demand. The Army and Air Force Exchange services, Dick's Sporting Goods (NYSE: DKS), and The Sports Authority (NYSE: TSA) are the top customers, accounting for 36% of sales.

Ah, but what about the IPO?

Originally priced at a maximum of $9.50 a share in early November, the price was subsequently raised to a maximum of $12 just before the IPO. To the company's credit, the offering sold for $13 a share.

The opening trade went to $31 -- a whopping 138.5% move. And the stock kept rising, to $40 -- that is up an amazing 207.7% -- before gravity took hold and sent the stock back down toward the mid-$20 range.

So, what are investors buying?

The company will have 46.4 million shares outstanding. Earnings for the first nine months equaled $0.29 per fully diluted share. Working under the assumption that third- and fourth-quarter earnings generate approximately 65% of sales, as has been the case for the past two years, and margins hold at around a historically reasonable 7%, we'll get something like $0.47 a stub. That prices the company at about 28 times its initial offering price and 56 times its current price.

Now let's compare Under Armour with its competitors. Nike (NYSE: NKE) and Reebok (NYSE: RBK) trade for 17.2 and 14.7 times trailing earnings and have posted five-year trailing CAGR to net income figures of 59.9% and 77.1%, respectively, while Under Armour has managed 104%. That extra growth, especially from such a small base, is hardly worth today's earnings multiple.

Oh, and don't overlook 4.1 million stock options priced at $2.87 a share and another 3 million approved for issuance. As attractive as Under Armour the company is, investors should realize there are plenty of examples this year of hot IPOs that fizzled in a matter of weeks.

And for those intrigued by the growth the company has shown and the prospect of future growth along these lines, there is one other reason to worry about this stock's price. Unlike Thursday's bottle-rocket performance from SunPower, there is no patent base for the fabric that is the cornerstone of this company's success. Deep pockets at Nike or Adidas (which is buying Reebok), or anyone else manufacturing athletic gear, could turn their attention in this company's direction. At current trading levels, Under Armour is a high-risk stock.

[eastunder]

wiseman,

Don't know if you enter Ihub thru Knobias, but update news there http://www.knobias.com/individual/public/quote.htm

IBD Daily graphs lists: http://dailygraphs.com/

2000 eps .02
2001 eps .08
2002 eps .07
2003 eps .15
2004 eps .43

Sales dec 03 44.8 mil
sales Mar 04 39.3
sales Jun 04 30.9
sales Sep 04 65.4
sales Dec 04 69.6
sales Mar 05 58.2
sales Jun 05 49.0
sales sep 05 86.6

eps growth rate 69%
earnings stability 23
p/e 22
debt 0%
mgmt owns 61% of the shares
market cap 1.17 bill
shares in float 14.8 million
outstanding shares 46.4 million

And that's all I show currently.

J

[Wiseman68]

anybody with any dd here that i can use. Thanks

[eastunder]

An intraday chart would answer that specifically, now that I think about it. A five minute shows price range of 24.39 to 29.00. A one minute shows open at 28...there ya go?

http://bigcharts.marketwatch.com/javachart/javaquote.asp?symb=uarm

[eastunder]

Can't answer that specifically. First trade I saw on it was in the 26ish range as it began trading publically at 9 mountain time here. I was surprised they waited an hour and half after the opening bell as I had expected it right away.

I hope it wasn't just me on a time delay! :)

[The_Pink_Lawyer]

I know the ipo was priced at $13/share but what was the opening price available on the market? Was it $31 or $13???

[eastunder]

I think he's probably correct, but I went ahead and started my position at 24.58. I'll be adding here and there the next few weeks as I want to accumulate a position for long.

It really is a wonderful product.

[JEMFinance]

Got a call back about 15 min ago. Said he sold @ 27.1 and asked me if I was looking to hold this company for the long-term. I told him yes, he said he'll look for a better entry point in 2 weeks. After a little finagling he talked me out of it and got in his "it's my job to protect your money" speech. I've known him since I was 2 (we lived next door to each other, hah) so I trust him with my main assets.

He told me to wait 2 weeks and see if he was right. I guess I will

[JEMFinance]

Just got a call from him, I'm in UARM 750 @ 25.30, I told him to sell whenever he felt it was going to turn, he is usually good at those things.