Under Armour Inc (NYSE:UAA) has been assigned an average recommendation of “Hold” from the forty-three ratings firms that are presently covering the firm, MarketBeat reports. Nineteen analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $16.52.

Several research firms recently issued reports on UAA. Wells Fargo & Company dropped their target price on shares of Under Armour to $11.00 and set an “underperform” rating on the stock in a report on Tuesday, October 31st. Credit Suisse Group boosted their target price on shares of Under Armour from $12.02 to $12.25 and gave the company a “neutral” rating in a report on Tuesday, November 7th. Zacks Investment Research lowered shares of Under Armour from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Vetr lowered shares of Under Armour from a “sell” rating to a “strong sell” rating and set a $12.00 target price on the stock. in a report on Monday, December 11th. Finally, Wedbush restated a “neutral” rating and issued a $17.00 target price on shares of Under Armour in a report on Tuesday, October 3rd.

Under Armour (NYSE UAA) opened at $15.17 on Friday. The company has a market cap of $6,970.00, a price-to-earnings ratio of 33.22, a PEG ratio of 4.03 and a beta of 0.05. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.23. Under Armour has a fifty-two week low of $11.40 and a fifty-two week high of $31.06.

Under Armour (NYSE:UAA) last released its earnings results on Tuesday, October 31st. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.49 billion. Under Armour had a net margin of 2.94% and a return on equity of 9.32%. The company’s revenue was down 4.5% on a year-over-year basis. research analysts forecast that Under Armour will post 0.2 EPS for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UAA. Louisiana State Employees Retirement System purchased a new position in Under Armour in the second quarter valued at about $250,000. US Bancorp DE purchased a new position in Under Armour in the second quarter valued at about $396,000. Russell Investments Group Ltd. purchased a new position in Under Armour in the second quarter valued at about $531,000. Public Employees Retirement Association of Colorado purchased a new position in Under Armour in the second quarter valued at about $521,000. Finally, Municipal Employees Retirement System of Michigan purchased a new position in Under Armour in the second quarter valued at about $129,000. Hedge funds and other institutional investors own 31.22% of the company’s stock.

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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:UAA)

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