Oppenheimer Holdings, Inc. reaffirmed their hold rating on shares of Under Armour, Inc. (NYSE:UA) in a research note released on Tuesday morning.

Several other brokerages have also recently issued reports on UA. Raymond James Financial, Inc. reaffirmed an underperform rating on shares of Under Armour in a research note on Friday, July 7th. Vetr raised shares of Under Armour from a sell rating to a hold rating and set a $19.26 price objective for the company in a research note on Thursday, July 6th. BidaskClub cut shares of Under Armour from a hold rating to a sell rating in a research note on Wednesday, July 12th. Deutsche Bank AG cut shares of Under Armour from a hold rating to a sell rating in a research note on Tuesday, July 25th. Finally, Buckingham Research set a $15.00 price objective on shares of Under Armour and gave the company a sell rating in a research note on Thursday, July 27th. Nine research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company. Under Armour has an average rating of Hold and a consensus price target of $16.69.

Under Armour (NYSE UA) opened at $10.59 on Tuesday. The stock has a market capitalization of $4,779.57, a price-to-earnings ratio of 26.44, a PEG ratio of 6.19 and a beta of 0.70.

Under Armour (NYSE:UA) last released its quarterly earnings results on Tuesday, August 1st. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.04. Under Armour had a net margin of 2.94% and a return on equity of 9.38%. The firm had revenue of $1.09 billion during the quarter.

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Several large investors have recently bought and sold shares of the stock. IHT Wealth Management LLC boosted its position in shares of Under Armour by 48.4% during the 2nd quarter. IHT Wealth Management LLC now owns 935 shares of the company’s stock worth $286,000 after purchasing an additional 305 shares during the period. CWM LLC boosted its position in shares of Under Armour by 1.4% during the 2nd quarter. CWM LLC now owns 29,107 shares of the company’s stock worth $587,000 after purchasing an additional 392 shares during the period. National Planning Corp boosted its position in shares of Under Armour by 3.2% during the 2nd quarter. National Planning Corp now owns 13,589 shares of the company’s stock worth $279,000 after purchasing an additional 423 shares during the period. Trust Investment Advisors boosted its position in shares of Under Armour by 11.2% during the 2nd quarter. Trust Investment Advisors now owns 18,701 shares of the company’s stock worth $377,000 after purchasing an additional 1,883 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ boosted its position in shares of Under Armour by 8.0% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 32,478 shares of the company’s stock worth $642,000 after purchasing an additional 2,400 shares during the period. 30.27% of the stock is owned by hedge funds and other institutional investors.

About Under Armour

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.

Analyst Recommendations for Under Armour (NYSE:UA)

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