Under Armour (UAA) Given Daily Media Impact Rating of 0.14
News articles about Under Armour (NYSE:UAA) have been trending somewhat positive on Saturday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Under Armour earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.7821214993278 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Under Armour (UAA) Down 11.7% Since Earnings Report: Can It Rebound? (finance.yahoo.com)
- Nike endorser Kevin Durant takes shot at Under Armour (interaksyon.com)
- NBA star Durant takes shot at Under Armour, stock falls (cnnphilippines.com)
- Under Armour, Inc. : To Present At The 24th Annual Goldman Sachs Global Retailing Conference (4-traders.com)
- NBA’s Kevin Durant rips Under Armour, stock falls (foxbusiness.com)
Several research analysts recently weighed in on UAA shares. Vetr upgraded Under Armour from a “buy” rating to a “strong-buy” rating and set a $22.90 price target for the company in a research report on Monday, May 15th. Berenberg Bank started coverage on Under Armour in a research report on Tuesday, May 16th. They set a “hold” rating and a $20.00 price target for the company. Jefferies Group LLC reiterated a “buy” rating and set a $28.00 price target on shares of Under Armour in a research report on Friday, May 19th. ValuEngine cut Under Armour from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Finally, Wells Fargo & Company restated a “market perform” rating and issued a $19.00 price objective on shares of Under Armour in a research report on Friday, June 9th. Eleven analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $22.65.
Shares of Under Armour (NYSE:UAA) opened at 16.37 on Friday. Under Armour has a 12-month low of $15.92 and a 12-month high of $42.55. The stock’s 50 day moving average price is $18.51 and its 200 day moving average price is $19.89. The firm has a market cap of $7.22 billion, a PE ratio of 33.14 and a beta of -0.07.
Under Armour (NYSE:UAA) last released its quarterly earnings results on Tuesday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.03. Under Armour had a net margin of 4.38% and a return on equity of 10.93%. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities research analysts predict that Under Armour will post $0.38 EPS for the current fiscal year.
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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.
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