NEW YORK, Nov. 22, 2017 /PRNewswire/ -- If you want a Stock Review on HBI, UAA, VFC, or LULU then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's research on DailyStockTracker.com is centered on the Textile Apparel Clothing space, which comprises companies that are engaged in the design, development, and production of apparel and accessories. These companies sometimes also retail this apparel under many different brand names. Lined up for evaluation are the following equities: Hanesbrands Inc. (NYSE: HBI), Under Armour Inc. (NYSE: UAA), V.F. Corp. (NYSE: VFC), and Lululemon Athletica Inc. (NASDAQ: LULU). Register now and get full and free access to these DailyStockTracker.com research reports at: http://dailystocktracker.com/register/
Hanesbrands
On Tuesday, shares in Winston-Salem, North Carolina headquartered Hanesbrands Inc. recorded a trading volume of 5.87 million shares, which was above their three months average volume of 5.06 million shares. The stock ended at $19.51, declining 1.22% from the last trading session. The Company's shares are trading below their 200-day moving average by 12.06%. Furthermore, shares of Hanesbrands, which designs, manufactures, sources, and sells various basic apparel for men, women, and children in the US, have a Relative Strength Index (RSI) of 32.25.
On October 24th, 2017, Hanesbrands announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share, to be paid on December 05th, 2017, for stockholders of record at the close of business November 14th, 2017. The cash dividend is the 19th consecutive quarterly return of cash to stockholders.
On November 02nd, 2017, research firm Morgan Stanley reiterated its 'Equal-Weight' rating on the Company's stock with a decrease of the target price from $24 a share to $23 a share. Access our complete research report on HBI for free at: http://dailystocktracker.com/registration/?symbol=HBI
Under Armour
Baltimore, Maryland headquartered Under Armour Inc.'s stock finished yesterday's session 4.39% lower at $12.85. A total volume of 6.62 million shares was traded, which was above their three months average volume of 6.08 million shares. The Company's shares are trading below their 50-day moving average by 16.44%. Furthermore, shares of Under Armour, which together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, Middle-East, Africa, Asia/Pacific, and Latin America, have an RSI of 41.46.
On October 31st, 2017, Under Armour announced financial results for Q3 ended September 30th, 2017. Revenue for Q3 2017 was $1.4 billion; gross margin declined to 45.9%; and operating income was $62 million. Net income for the quarter was $54 million; inventory increased to $1.2 billion; and cash and cash equivalents increased to $258 million.
On November 10th, 2017, research firm Nomura reiterated its 'Reduce' rating on the Company's stock with a decrease of the target price from $13 a share to $9 a share. The complimentary research report on UAA can be downloaded at: http://dailystocktracker.com/registration/?symbol=UAA
V.F. Corp.
At the close of trading on Tuesday, shares in Greensboro, North Carolina headquartered V.F. Corp. rose 0.89%, ending the day at $72.59. The stock recorded a trading volume of 2.08 million shares. The Company's shares have advanced 3.77% in the last one month, 15.96% in the previous three months, and 36.06% since the start of this year. The stock is trading 9.41% and 23.47% above its 50-day and 200-day moving averages, respectively. Moreover, shares of V.F. Corp., which engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the Americas, Europe, and Asia/Pacific, have an RSI of 76.43.
On October 24th, 2017, research firm UBS reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $66 a share to $77 a share.
On November 02nd, 2017, V.F. Corp. (VFC) and Icebreaker Holdings, Ltd., a privately held company based in Auckland, New Zealand, announced that they have signed a definitive purchase agreement. The transaction is expected to be completed early in 2018, and the addition of the Icebreaker® brand to VFC's portfolio is expected to be immediately accretive to earnings per share. Register for free on DailyStockTracker.com and get access to the latest report on VFC at:
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Lululemon Athletica
Vancouver, Canada-based Lululemon Athletica Inc.'s shares ended the day 0.45% lower at $66.58 with a total trading volume of 1.06 million shares. The stock has gained 4.31% in the last month, 10.34% over the previous three months, and 2.45% on an YTD basis. The Company's shares are trading 8.07% above their 50-day moving average and 13.11% above their 200-day moving average. Additionally, shares of Lululemon Athletica have an RSI of 69.07.
On November 09th, 2017, Lululemon Athletica announced that Lee Holman, Executive Vice President and Creative Director, has resigned for personal reasons. Mr. Holman will remain with the Company until December 31st, 2017. Download your free research report on LULU at: http://dailystocktracker.com/registration/?symbol=LULU
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