Under Armour, Inc. (NYSE:UAA) Receives $9.09 Average Price Target from Brokerages

Under Armour, Inc. (NYSE:UAA) has earned a consensus recommendation of “Hold” from the twenty-two ratings firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $9.09.

Several equities research analysts have commented on the stock. Wells Fargo & Company increased their price objective on shares of Under Armour from $8.00 to $11.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. Robert W. Baird raised their price target on shares of Under Armour from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. TD Cowen raised their price target on shares of Under Armour from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Evercore ISI decreased their price target on shares of Under Armour from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Monday, February 10th. Finally, UBS Group decreased their price target on shares of Under Armour from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Tuesday, January 28th.

Insider Buying and Selling

In other Under Armour news, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the transaction, the chief financial officer now directly owns 494,210 shares of the company’s stock, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 15.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Under Armour by 11.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,860 shares of the company’s stock valued at $123,000 after purchasing an additional 1,409 shares during the period. CWM LLC boosted its holdings in Under Armour by 20.7% in the 3rd quarter. CWM LLC now owns 8,211 shares of the company’s stock valued at $73,000 after purchasing an additional 1,409 shares during the period. MCF Advisors LLC boosted its holdings in Under Armour by 7.6% in the 4th quarter. MCF Advisors LLC now owns 20,187 shares of the company’s stock valued at $167,000 after purchasing an additional 1,419 shares during the period. Optas LLC boosted its holdings in Under Armour by 5.5% in the 4th quarter. Optas LLC now owns 28,519 shares of the company’s stock valued at $236,000 after purchasing an additional 1,484 shares during the period. Finally, State of Alaska Department of Revenue boosted its holdings in Under Armour by 7.0% in the 3rd quarter. State of Alaska Department of Revenue now owns 22,835 shares of the company’s stock valued at $203,000 after purchasing an additional 1,485 shares during the period. 34.58% of the stock is owned by institutional investors.

Under Armour Trading Up 0.2 %

NYSE:UAA opened at $6.80 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of -23.43 and a beta of 1.69. Under Armour has a 52 week low of $6.17 and a 52 week high of $11.89. The firm has a 50-day moving average price of $7.95 and a two-hundred day moving average price of $8.48.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period last year, the business posted $0.19 earnings per share. On average, equities analysts expect that Under Armour will post 0.3 earnings per share for the current fiscal year.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.