Shares of Under Armour Inc (NYSE:UAA) have earned a consensus rating of “Hold” from the twenty ratings firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $23.88.
Several brokerages have recently weighed in on UAA. Wells Fargo & Co reissued a “hold” rating on shares of Medidata Solutions in a report on Thursday, June 13th. Credit Suisse Group raised ConocoPhillips from a “neutral” rating to an “outperform” rating and set a $75.00 price objective on the stock in a report on Tuesday, April 30th. ValuEngine lowered Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday, July 8th. JPMorgan Chase & Co. set a $195.00 price objective on bluebird bio and gave the stock a “buy” rating in a report on Friday, May 17th. Finally, Zacks Investment Research lowered Haynes International from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th.
Shares of NYSE:UAA traded down $0.02 during trading on Friday, hitting $26.95. 3,187,764 shares of the stock were exchanged, compared to its average volume of 3,531,045. Under Armour has a 1-year low of $16.52 and a 1-year high of $27.69. The stock has a market capitalization of $12.16 billion, a P/E ratio of 99.81, a price-to-earnings-growth ratio of 2.86 and a beta of 0.47. The company has a fifty day moving average price of $25.98. The company has a quick ratio of 1.22, a current ratio of 2.02 and a debt-to-equity ratio of 0.58.
Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.05 earnings per share for the quarter. Under Armour had a return on equity of 7.17% and a net margin of 0.12%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. The company’s revenue was up 1.6% compared to the same quarter last year. As a group, analysts forecast that Under Armour will post 0.35 earnings per share for the current year.
Several institutional investors have recently bought and sold shares of the stock. Machina Capital S.A.S. raised its position in Under Armour by 20.2% in the 2nd quarter. Machina Capital S.A.S. now owns 34,333 shares of the company’s stock valued at $870,000 after purchasing an additional 5,762 shares during the last quarter. Sarasin & Partners LLP raised its position in shares of Under Armour by 35.6% during the second quarter. Sarasin & Partners LLP now owns 218,817 shares of the company’s stock worth $5,547,000 after acquiring an additional 57,450 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Under Armour during the second quarter worth $233,000. Strategic Wealth Management Group LLC bought a new stake in shares of Under Armour during the second quarter worth $234,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Under Armour by 1.2% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 65,138 shares of the company’s stock worth $1,651,000 after acquiring an additional 800 shares during the last quarter. Institutional investors and hedge funds own 37.95% of the company’s stock.
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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