Under Armour Inc (NYSE:UAA) – Equities researchers at William Blair lifted their Q1 2018 earnings per share (EPS) estimates for shares of Under Armour in a research report issued to clients and investors on Wednesday. William Blair analyst S. Zackfia now expects that the company will earn ($0.03) per share for the quarter, up from their prior forecast of ($0.08). William Blair also issued estimates for Under Armour’s Q2 2018 earnings at ($0.03) EPS and FY2019 earnings at $0.40 EPS.
UAA has been the topic of a number of other reports. Zacks Investment Research downgraded shares of Under Armour from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Vetr downgraded shares of Under Armour from a “sell” rating to a “strong sell” rating and set a $12.00 price objective on the stock. in a research note on Monday, December 11th. UBS Group downgraded shares of Under Armour to a “neutral” rating in a research note on Tuesday, January 9th. Piper Jaffray Companies reduced their price objective on shares of Under Armour to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 31st. Finally, Deutsche Bank reduced their price objective on shares of Under Armour from $16.00 to $14.00 and set a “sell” rating on the stock in a research note on Thursday, October 26th. Eighteen analysts have rated the stock with a sell rating, sixteen have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $14.50.
Under Armour (UAA) opened at $12.92 on Monday. The firm has a market cap of $5,440.00, a price-to-earnings ratio of 40.38, a PEG ratio of 3.50 and a beta of -0.04. The company has a quick ratio of 1.16, a current ratio of 2.23 and a debt-to-equity ratio of 0.37. Under Armour has a 52 week low of $11.40 and a 52 week high of $23.46.
Several large investors have recently modified their holdings of the business. Bamco Inc. NY raised its holdings in shares of Under Armour by 10.8% during the third quarter. Bamco Inc. NY now owns 7,704,996 shares of the company’s stock worth $126,978,000 after purchasing an additional 750,325 shares during the period. State Street Corp acquired a new stake in shares of Under Armour during the second quarter worth $157,325,000. Hexavest Inc. acquired a new stake in shares of Under Armour during the fourth quarter worth $39,368,000. Disciplined Growth Investors Inc. MN acquired a new stake in shares of Under Armour during the third quarter worth $39,964,000. Finally, Northern Trust Corp acquired a new stake in shares of Under Armour during the second quarter worth $44,368,000. 31.91% of the stock is currently owned by institutional investors.
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Under Armour Company Profile
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
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