Under Armour, Inc. (UAA) PT Lowered to $14.00

Under Armour, Inc. (NYSE:UAA) had its target price lowered by equities research analysts at UBS AG from $19.00 to $14.00 in a note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock.

UAA has been the topic of a number of other research reports. Vetr downgraded Under Armour from a “hold” rating to a “sell” rating and set a $16.78 price objective on the stock. in a report on Thursday, September 7th. Deutsche Bank AG cut Under Armour from a “hold” rating to a “sell” rating and decreased their target price for the stock from $20.27 to $17.00 in a research report on Tuesday, July 25th. Zacks Investment Research cut Under Armour from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Stifel Nicolaus reaffirmed a “hold” rating and set a $18.00 target price on shares of Under Armour in a research report on Thursday, August 24th. Finally, Buckingham Research reaffirmed an “underperform” rating and set a $15.00 target price on shares of Under Armour in a research report on Thursday, July 27th. Nineteen research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $17.18.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Tuesday, October 31st. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $1.49 billion. The company’s quarterly revenue was down 4.5% compared to the same quarter last year.

ILLEGAL ACTIVITY NOTICE: This report was originally reported by Community Financial News and is owned by of Community Financial News. If you are reading this report on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.com-unik.info/2017/11/03/under-armour-inc-uaa-pt-lowered-to-14-00.html.

A number of institutional investors and hedge funds have recently modified their holdings of UAA. D.A. Davidson & CO. bought a new position in shares of Under Armour during the 2nd quarter valued at about $118,000. Cornerstone Advisors Inc. bought a new position in shares of Under Armour during the 2nd quarter valued at about $124,000. Municipal Employees Retirement System of Michigan bought a new position in shares of Under Armour during the 2nd quarter valued at about $129,000. WFG Advisors LP bought a new position in shares of Under Armour during the 2nd quarter valued at about $132,000. Finally, Global X Management Co. LLC bought a new position in shares of Under Armour during the 2nd quarter valued at about $134,000. Hedge funds and other institutional investors own 30.43% of the company’s stock.

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)

What are top analysts saying about Under Armour Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Under Armour Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit