Susquehanna Bancshares set a $14.00 price target on Under Armour (NYSE:UA) in a research report sent to investors on Friday, TipRanks reports. The firm currently has a sell rating on the stock.
A number of other equities research analysts also recently commented on UA. Needham & Company LLC reiterated a hold rating on shares of Under Armour in a report on Thursday, October 10th. Sanford C. Bernstein upgraded Under Armour from an underperform rating to a market perform rating in a report on Tuesday, September 3rd. ValuEngine upgraded Under Armour from a sell rating to a hold rating in a report on Wednesday, October 2nd. Piper Jaffray Companies set a $30.00 price objective on Under Armour and gave the company a buy rating in a report on Monday, June 24th. Finally, Stifel Nicolaus set a $30.00 price objective on Under Armour and gave the company a buy rating in a report on Friday, July 19th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $22.17.
UA stock opened at $17.81 on Friday. The company has a market cap of $8.33 billion, a P/E ratio of 52.74 and a beta of 1.05. Under Armour has a twelve month low of $15.05 and a twelve month high of $24.55. The company has a quick ratio of 1.11, a current ratio of 1.83 and a debt-to-equity ratio of 0.58. The business has a fifty day moving average of $17.95 and a 200-day moving average of $20.04.
In other Under Armour news, insider Kevin Eskridge sold 56,500 shares of the stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $17.69, for a total value of $999,485.00. Following the completion of the sale, the insider now directly owns 196,374 shares in the company, valued at $3,473,856.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 15.90% of the stock is owned by corporate insiders.
Several institutional investors have recently made changes to their positions in the business. Arlington Partners LLC boosted its position in Under Armour by 2,255.7% during the third quarter. Arlington Partners LLC now owns 6,643 shares of the company’s stock valued at $120,000 after purchasing an additional 6,361 shares during the last quarter. Commerzbank Aktiengesellschaft FI lifted its position in shares of Under Armour by 118.4% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 60,050 shares of the company’s stock valued at $1,089,000 after buying an additional 386,926 shares during the last quarter. DNB Asset Management AS lifted its position in shares of Under Armour by 3.8% in the third quarter. DNB Asset Management AS now owns 16,710 shares of the company’s stock valued at $303,000 after buying an additional 619 shares during the last quarter. Legacy Bridge LLC acquired a new stake in shares of Under Armour in the third quarter valued at approximately $39,000. Finally, Valeo Financial Advisors LLC lifted its position in shares of Under Armour by 96.7% in the third quarter. Valeo Financial Advisors LLC now owns 2,016 shares of the company’s stock valued at $37,000 after buying an additional 991 shares during the last quarter. Institutional investors own 33.39% of the company’s stock.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.
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