Pre-Market Technical Recap on Textile Stocks -- Hanesbrands, Under Armour, V.F. Corp., and Vince

NEW YORK, August 23, 2017 /PRNewswire/ --

If you want a Stock Review on HBI, UAA, VFC, or VNCE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Demand in the Textile Apparel Clothing industry is almost exclusively determined by consumer tastes. In spite of the fierce competition, many companies have found success by finding and dominating niche markets. For designers and department stores, it means reworking marketing and selling strategy to go where shoppers are spending money. This morning, DailyStockTracker.com scans the performances of Hanesbrands Inc. (NYSE: HBI), Under Armour Inc. (NYSE: UAA), V.F. Corp. (NYSE: VFC), and Vince Holding Corp. (NYSE: VNCE). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Hanesbrands 

Winston-Salem, North Carolina headquartered Hanesbrands Inc.'s shares rose 0.64%, finishing Tuesday's trading session at $23.45. A total volume of 2.11 million shares was traded. In the last month and the previous three months, the stock has advanced 0.90% and 14.17%, respectively. Additionally, the Company's shares have gained 8.72% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.05% and 5.96%, respectively. Moreover, 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 47.78.

On July 25^th, 2017, Hanesbrands announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share, to be paid on September 06^th, 2017, to stockholders of record at the close of business on August 15^th, 2017.

On August 07^th, 2017, research firm Morgan Stanley reiterated its 'Equal-Weight' rating on the Company's stock with an increase of the target price from $22 a share to $24 a share. Free research report on HBI is available at:
http://dailystocktracker.com/registration/?symbol=HBI

Under Armour 

On Tuesday, shares in Baltimore, Maryland headquartered Under Armour Inc. recorded a trading volume of 2.54 million shares, and ended the session 1.15% higher at $16.78. The stock is trading 16.59% below its 50-day moving average. Shares of the Company, 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 28.55.

On August 01^st, 2017, Under Armour announced financial results for the second quarter ended June 30^th, 2017. For Q2 2017, revenue was $1.1 billion; gross margin was 45.8%; SG&A expenses were $503 million; and operating loss was $5 million. Cash and cash equivalents increased 37% to $166 million at June 30^th, 2017.

On August 02^nd, 2017, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $18 a share to $17 a share. The complimentary research report on UAA can be downloaded at:
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V.F. Corp. 

Shares in Greensboro, North Carolina headquartered V.F. Corp. closed at $63.10, climbing 0.24% from the last trading session. The stock recorded a trading volume of 1.33 million shares. The Company's shares have gained 7.17% in the last one month, 19.08% over the previous three months, and 18.28% since the start of this year. The stock is trading 7.07% and 14.53% above its 50-day and 200-day moving averages, respectively. Additionally, 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 63.21.

On August 14^th, 2017, V.F. Corp. and Williamson-Dickie Mfg. Co., a family-owned, private global workwear company, jointly announced that they have signed a definitive merger agreement. The transaction is expected to be completed early in the fourth quarter of this year, and the former will pay Williamson-Dickie shareholders approximately $820 million in cash.

On August 15^th, 2017, research firm Canaccord Genuity upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $58 a share to $73 a share. Visit DailyStockTracker.com today and access our complete research report on VFC at:
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Vince 

New York-based Vince Holding Corp.'s stock ended 2.17% higher at $0.47 with a total trading volume of 226,658 shares. The Company's shares are trading below their 50-day moving average by 10.52%. Shares of the company, which engages in the design, merchandise, and sale of various luxury brand products in the US and internationally, have an RSI of 44.73.

On August 10^th, 2017, Vince announced that the NYSE accepted its business plan for continued listing on the NYSE. Vince's common stock will continue to be listed on the NYSE, subject to its quarterly reviews for the next 18 months to ensure the Company's continued progress toward the plan. Get free access to your research report on VNCE at:
http://dailystocktracker.com/registration/?symbol=VNCE

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