Under Armour Inc (NYSE:UA) has been given a consensus rating of “Hold” by the thirteen research firms that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $20.50.
A number of research firms have weighed in on UA. JPMorgan Chase & Co. set a $195.00 price target on bluebird bio and gave the company a “buy” rating in a research note on Friday, May 17th. Canaccord Genuity set a $13.00 price target on Under Armour and gave the company a “sell” rating in a research note on Tuesday, March 19th. B. Riley set a $12.00 price target on Under Armour and gave the company a “sell” rating in a research note on Tuesday, April 9th. Piper Jaffray Companies set a $30.00 price target on Under Armour and gave the company a “buy” rating in a research note on Monday, June 24th. Finally, Pivotal Research restated a “hold” rating and issued a $23.00 price target on shares of Under Armour in a research note on Tuesday, April 30th.
UA stock traded up $0.76 during mid-day trading on Tuesday, reaching $23.98. The company had a trading volume of 2,101,818 shares, compared to its average volume of 1,635,502. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.02 and a quick ratio of 1.22. The stock’s 50 day moving average is $22.41. The company has a market capitalization of $10.82 billion, a P/E ratio of 88.81 and a beta of 0.96. Under Armour has a 52 week low of $15.05 and a 52 week high of $24.18.
Under Armour (NYSE:UA) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $1.20 billion during the quarter. Under Armour had a return on equity of 7.05% and a net margin of 0.12%. As a group, equities analysts expect that Under Armour will post 0.35 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in UA. Sentry Investment Management LLC lifted its holdings in Under Armour by 5.5% during the 1st quarter. Sentry Investment Management LLC now owns 10,863 shares of the company’s stock worth $205,000 after purchasing an additional 570 shares during the last quarter. PFG Advisors lifted its holdings in Under Armour by 2.5% during the 1st quarter. PFG Advisors now owns 27,400 shares of the company’s stock worth $568,000 after purchasing an additional 660 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Under Armour by 54.1% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,935 shares of the company’s stock worth $31,000 after purchasing an additional 679 shares during the last quarter. Triangle Securities Wealth Management acquired a new stake in Under Armour during the 1st quarter worth approximately $1,280,000. Finally, Great West Life Assurance Co. Can lifted its holdings in Under Armour by 0.8% during the 4th quarter. Great West Life Assurance Co. Can now owns 95,286 shares of the company’s stock worth $1,470,000 after purchasing an additional 745 shares during the last quarter. 32.36% of the stock is owned by institutional investors.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.
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