Under Armour (UAA) Earning Somewhat Negative News Coverage, Study Finds

News headlines about Under Armour (NYSE:UAA) have been trending somewhat negative this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Under Armour earned a coverage optimism score of -0.01 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.0809424990597 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s rankings:

Under Armour (UAA) opened at $11.61 on Monday. The company has a quick ratio of 1.16, a current ratio of 2.23 and a debt-to-equity ratio of 0.37. Under Armour has a 1-year low of $11.45 and a 1-year high of $33.45. The company has a market cap of $5,119.86, a PE ratio of 28.32, a price-to-earnings-growth ratio of 3.44 and a beta of -0.15.

Under Armour (NYSE:UAA) last released its earnings results on Tuesday, October 31st. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. The firm 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 firm’s quarterly revenue was down 4.5% on a year-over-year basis. equities research analysts predict that Under Armour will post 0.2 earnings per share for the current year.

Several equities research analysts have recently issued reports on the stock. Vetr raised shares of Under Armour from a “hold” rating to a “buy” rating and set a $22.36 price objective for the company in a research report on Monday, July 10th. Zacks Investment Research downgraded shares of Under Armour from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. OTR Global reissued a “negative” rating on shares of Under Armour in a research report on Tuesday, July 18th. Needham & Company LLC assumed coverage on shares of Under Armour in a research report on Tuesday, July 18th. They set a “hold” rating for the company. Finally, Deutsche Bank AG downgraded shares of Under Armour from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $20.27 to $17.00 in a research report on Tuesday, July 25th. Nineteen research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $17.18.

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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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