FY2018 EPS Estimates for Under Armour Inc (UAA) Raised by Analyst

Under Armour Inc (NYSE:UAA) – Equities researchers at Wedbush boosted their FY2018 earnings per share (EPS) estimates for Under Armour in a research report issued on Tuesday. Wedbush analyst C. Svezia now expects that the company will post earnings of $0.21 per share for the year, up from their previous forecast of $0.20. Wedbush has a “Sell” rating on the stock.

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

A number of other equities research analysts have also recently issued reports on the company. Zacks Investment Research cut Under Armour from a “hold” rating to a “sell” rating in a research note on Wednesday. Stifel Nicolaus upgraded Under Armour from a “hold” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $17.00 in a research note on Friday, December 15th. Vetr upgraded Under Armour from a “strong sell” rating to a “sell” rating and set a $13.23 price objective on the stock in a research note on Friday, December 15th. Nomura upped their price objective on Under Armour from $9.00 to $13.00 and gave the stock a “reduce” rating in a research note on Friday, November 10th. Finally, Forward View reiterated a “sell” rating on shares of Under Armour in a research note on Saturday, November 4th. Nineteen investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have given a buy rating to the stock. Under Armour presently has an average rating of “Hold” and an average target price of $16.92.

Shares of Under Armour (NYSE UAA) traded down $0.01 during trading on Thursday, hitting $15.50. The stock had a trading volume of 4,457,889 shares, compared to its average volume of 5,533,964. Under Armour has a one year low of $11.40 and a one year high of $31.06. The company has a market cap of $6,700.54, a PE ratio of 37.00, a P/E/G ratio of 4.47 and a beta of -0.13. The company has a current ratio of 2.23, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37.

A number of hedge funds and other institutional investors have recently modified their holdings of UAA. D.A. Davidson & CO. acquired a new position in Under Armour in the 2nd quarter valued at $118,000. Municipal Employees Retirement System of Michigan acquired a new position in Under Armour in the 2nd quarter valued at $129,000. WFG Advisors LP acquired a new position in Under Armour in the 2nd quarter valued at $132,000. Hudock Capital Group LLC acquired a new position in Under Armour in the 2nd quarter valued at $134,000. Finally, Armor Investment Advisors LLC acquired a new position in Under Armour in the 2nd quarter valued at $134,000. 30.98% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “FY2018 EPS Estimates for Under Armour Inc (UAA) Raised by Analyst” was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.com-unik.info/2017/12/22/fy2018-eps-estimates-for-under-armour-inc-uaa-raised-by-analyst-2.html.

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.

Earnings History and Estimates for Under Armour (NYSE:UAA)

What are top analysts saying about Under Armour? - 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 and related companies.

FY2018 EPS Estimates for Under Armour Inc (UAA) Raised by Analyst

Under Armour Inc (NYSE:UAA) – Equities researchers at Wedbush boosted their FY2018 earnings per share (EPS) estimates for Under Armour in a research report issued on Tuesday. Wedbush analyst C. Svezia now expects that the company will post earnings of $0.21 per share for the year, up from their previous forecast of $0.20. Wedbush has a “Sell” rating on the stock.

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

A number of other equities research analysts have also recently issued reports on the company. Zacks Investment Research cut Under Armour from a “hold” rating to a “sell” rating in a research note on Wednesday. Stifel Nicolaus upgraded Under Armour from a “hold” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $17.00 in a research note on Friday, December 15th. Vetr upgraded Under Armour from a “strong sell” rating to a “sell” rating and set a $13.23 price objective on the stock in a research note on Friday, December 15th. Nomura upped their price objective on Under Armour from $9.00 to $13.00 and gave the stock a “reduce” rating in a research note on Friday, November 10th. Finally, Forward View reiterated a “sell” rating on shares of Under Armour in a research note on Saturday, November 4th. Nineteen investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have given a buy rating to the stock. Under Armour presently has an average rating of “Hold” and an average target price of $16.92.

Shares of Under Armour (NYSE UAA) traded down $0.01 during trading on Thursday, hitting $15.50. The stock had a trading volume of 4,457,889 shares, compared to its average volume of 5,533,964. Under Armour has a one year low of $11.40 and a one year high of $31.06. The company has a market cap of $6,700.54, a PE ratio of 37.00, a P/E/G ratio of 4.47 and a beta of -0.13. The company has a current ratio of 2.23, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37.

A number of hedge funds and other institutional investors have recently modified their holdings of UAA. D.A. Davidson & CO. acquired a new position in Under Armour in the 2nd quarter valued at $118,000. Municipal Employees Retirement System of Michigan acquired a new position in Under Armour in the 2nd quarter valued at $129,000. WFG Advisors LP acquired a new position in Under Armour in the 2nd quarter valued at $132,000. Hudock Capital Group LLC acquired a new position in Under Armour in the 2nd quarter valued at $134,000. Finally, Armor Investment Advisors LLC acquired a new position in Under Armour in the 2nd quarter valued at $134,000. 30.98% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “FY2018 EPS Estimates for Under Armour Inc (UAA) Raised by Analyst” was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.com-unik.info/2017/12/22/fy2018-eps-estimates-for-under-armour-inc-uaa-raised-by-analyst-2.html.

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.

Earnings History and Estimates for Under Armour (NYSE:UAA)

What are top analysts saying about Under Armour? - 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 and related companies.

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