Vetr upgraded shares of Under Armour (NYSE:UAA) from a strong sell rating to a sell rating in a report issued on Friday morning. They currently have $13.23 price target on the stock.

A number of other research firms have also recently weighed in on UAA. Sanford C. Bernstein initiated coverage on Under Armour in a report on Tuesday, September 12th. They set an underperform rating and a $14.00 price target on the stock. Wells Fargo & Company cut Under Armour from a market perform rating to an underperform rating and dropped their target price for the stock from $17.00 to $13.00 in a report on Tuesday, September 19th. Jefferies Group reissued a buy rating and set a $28.00 target price on shares of Under Armour in a report on Thursday, September 7th. Stifel Nicolaus reissued a hold rating and set a $18.00 target price on shares of Under Armour in a report on Thursday, August 24th. Finally, Zacks Investment Research cut Under Armour from a hold rating to a sell rating in a report on Wednesday, October 11th. Nineteen research analysts have rated the stock with a sell rating, eighteen have given a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $16.92.

Under Armour (NYSE:UAA) traded up $1.35 on Friday, hitting $15.17. The stock had a trading volume of 14,745,065 shares, compared to its average volume of 4,286,297. The company has a market capitalization of $6,104.25, a PE ratio of 33.71, a PEG ratio of 4.09 and a beta of -0.13. 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 52 week low of $11.40 and a 52 week high of $31.06.

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

Several institutional investors have recently bought and sold shares of the company. Aldebaran Financial Inc. lifted its stake in shares of Under Armour by 8.3% in the 2nd quarter. Aldebaran Financial Inc. now owns 27,310 shares of the company’s stock valued at $594,000 after purchasing an additional 2,090 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Under Armour by 6.8% during the third quarter. Nationwide Fund Advisors now owns 52,432 shares of the company’s stock valued at $864,000 after buying an additional 3,338 shares during the last quarter. Van Hulzen Asset Management LLC raised its position in shares of Under Armour by 42.5% during the third quarter. Van Hulzen Asset Management LLC now owns 17,100 shares of the company’s stock valued at $282,000 after buying an additional 5,100 shares during the last quarter. IFP Advisors Inc raised its position in shares of Under Armour by 5.6% during the third quarter. IFP Advisors Inc now owns 97,318 shares of the company’s stock valued at $1,604,000 after buying an additional 5,148 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new position in shares of Under Armour during the second quarter valued at about $118,000. Institutional investors and hedge funds own 31.22% of the company’s stock.

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Under Armour Company Profile

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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