Analyst Update: Amazon, 21st Century Fox, Under Armour

Analysts adjusted their ratings on, Inc. (AMZN), Twenty-First Century Fox Inc (FOXA), and Under Armour Inc (UA)

Feb 5, 2015 at 12:51 PM
facebook twitter linkedin

Analysts are weighing in today on online retailer, Inc. (NASDAQ:AMZN), media giant Twenty-First Century Fox Inc (NASDAQ:FOXA), and athletic apparel maker Under Armour Inc (NYSE:UA). Here's a quick look at today's brokerage notes on AMZN, FOXA, and UA.

  • AMZN is up 3.2% this afternoon to $376.53, after Bernstein raised its price target to $450 from $360 while underscoring an "outperform" rating. On the charts,, Inc. has been on a tear, adding about 21.4% year-to-date, thanks in part to a post-earnings bull-gap late last month. Accordingly, sentiment in the stock's options pits is bullish, with its 50-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OXM PHLX (PHLX) call/put volume ratio of 1.27 sitting in the 83rd percentile of its annual range. However, the analyst community is divided on the equity, with 43% of covering brokers rating AMZN a "hold."

  • Shares of FOXA have shed 4.7% today to hit $33.04, after announcing last night it is slashing its guidance for long-term growth (subscription required). Following the news, the stock received price-target cuts from no fewer than 10 brokerage firms, including Sterne Agee, Nomura, and Jefferies, which all lowered their estimates by $3 (to $40, $38, and $40 respectively) while reiterating a "buy" prediction. FBR Capital Markets, meanwhile, downgraded FOXA to "market perform" from "outperform." Sentiment in Twenty-First Century Fox Inc's options pits is bullish, with its 50-day ISE/CBOE/PHLX call/put volume ratio of 5.87 ranking higher than 67% of all similar annual readings.

  • Last night, UA released a stronger-than-expected earnings report, highlighted by a 31% revenue uptick from last year, and announced that it is purchasing exercise app MyFitnessPal. In response, at least 10 brokerage firms revised their price targets on the equity, sending the shares on a rollercoaster ride today -- Under Armour Inc notched an all-time high of $76.54 this morning, before falling 0.8% to $73.03. Specifically, Sterne Agee, Deutsche Bank, and Janney raised their price targets (to $85, $82, and $81 respectively) while underscoring a "buy" prediction, and Susquehanna, Credit Suisse, and Jefferies lowered their target prices (to $71, $51, $73 respectively) while reiterating a "neutral" rating. Looking back, UA has been a technical juggernaut, advancing nearly 37.6% year-over-year. However, sentiment in the stock's options pits is bearishly skewed, with its 10-day ISE/CBOE/PHLX put/call volume ratio of 1.11 sitting in the 76th annual percentile.

If you are not making money with options, you aren’t buying options like this…

There is no options strategy that more perfectly approaches trading the fastest moving and most volatile stocks available in the marketplace than this one. In fact, there is no strategy that better utilizes put options for optimal returns and a real trading edge over other traders in the exact same market. New options traders fail out at an incredible rate without proper trade research, execution timing, and option picking. Capitalize on Schaeffer’s 100+ years of options trading excellence with the most coveted product launch in company history. Don't waste another second... join us right now before the next round of trades are released!



Special Offers from Schaeffer's Trading Partners