1 day Ago By ABMN Staff
Under Armour ( NYSE:UAA – Get Free Report ) had its price objective boosted by stock analysts at BMO Capital Markets from $10.00 to $11.00 in a research report issued on Monday, Benzinga reports.
The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price suggests a potential upside of 41.21% from the company’s current price.
A number of other brokerages also recently weighed in on UAA. Argus raised Under Armour to a “strong-buy” rating in a report on Thursday, August 15th. Barclays raised their target price on Under Armour from $6.
00 to $8.00 and gave the company an “equal weight” rating in a report on Friday, August 9th. Morgan Stanley downgraded Under Armour from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $8.
00 to $4.00 in a report on Tuesday, July 23rd. Oppenheimer downgraded Under Armour from an “outperform” rating to a “market perform” rating in a report on Thursday, May 23rd.
Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $7.00 target price on shares of Under Armour in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock.
Based on data from MarketBeat, Under Armour has an average rating of “Hold” and a consensus target price of $7.57. Get Our Latest Analysis on Under Armour Under Armour Trading Down 1.
6 % Under Armour ( NYSE:UAA – Get Free Report ) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.
08) by $0.09. The business had revenue of $1.
18 billion for the quarter, compared to the consensus estimate of $1.14 billion. Under Armour had a positive return on equity of 11.
98% and a negative net margin of 1.35%. The firm’s quarterly revenue was down 10.
1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share.
On average, research analysts anticipate that Under Armour will post 0.21 EPS for the current fiscal year. Institutional Inflows and Outflows Several large investors have recently bought and sold shares of UAA.
Dimensional Fund Advisors LP raised its position in Under Armour by 29.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,154,871 shares of the company’s stock worth $62,893,000 after purchasing an additional 1,636,634 shares during the last quarter.
Jupiter Asset Management Ltd. bought a new position in shares of Under Armour in the 1st quarter worth about $8,944,000. Norges Bank bought a new position in shares of Under Armour in the 4th quarter worth about $10,348,000.
Janus Henderson Group PLC raised its position in shares of Under Armour by 27.2% in the 1st quarter. Janus Henderson Group PLC now owns 3,890,428 shares of the company’s stock worth $28,712,000 after acquiring an additional 831,202 shares in the last quarter.
Finally, Lumbard & Kellner LLC bought a new position in shares of Under Armour in the 1st quarter worth about $3,394,000. 34.58% of the stock is owned by institutional investors.
Under Armour Company Profile ( Get Free Report ) Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.
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