Under Armour Inc (NYSE:UAA)’s share price traded up 9.8% during trading on Friday . The stock traded as high as $15.33 and last traded at $15.17. 14,744,658 shares changed hands during mid-day trading, an increase of 166% from the average session volume of 5,539,835 shares. The stock had previously closed at $13.82.

Several equities analysts have recently commented on the company. Stifel Nicolaus raised Under Armour from a “hold” rating to a “buy” rating and upped their price target for the company from $12.00 to $17.00 in a research note on Friday. Vetr raised Under Armour from a “strong sell” rating to a “sell” rating and set a $13.23 price target on the stock in a research note on Friday. Zacks Investment Research lowered Under Armour from a “hold” rating to a “sell” rating in a research note on Wednesday. Nomura upped their price target on Under Armour from $9.00 to $13.00 and gave the company a “reduce” rating in a research note on Friday, November 10th. Finally, Forward View reaffirmed a “sell” rating on shares of Under Armour in a research note on Saturday, November 4th. Nineteen research analysts have rated the stock with a sell rating, eighteen have given a hold rating and five have assigned a buy rating to the company. Under Armour presently has a consensus rating of “Hold” and an average target price of $16.92.

The company has a debt-to-equity ratio of 0.37, a current ratio of 2.23 and a quick ratio of 1.16. The company has a market cap of $6,700.54, a P/E ratio of 37.00, a PEG ratio of 4.49 and a beta of -0.13.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Baillie Gifford & Co. purchased a new stake in Under Armour during the 2nd quarter worth about $532,573,000. Vanguard Group Inc. purchased a new stake in Under Armour during the 2nd quarter worth about $393,172,000. BlackRock Inc. purchased a new stake in Under Armour during the 2nd quarter worth about $238,861,000. Bamco Inc. NY increased its holdings in Under Armour by 10.8% during the 3rd 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. Finally, State Street Corp purchased a new stake in Under Armour during the 2nd quarter worth about $157,325,000. 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.

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