Under Armour (NYSE:UAA) has been given a consensus recommendation of “Hold” by the thirty-seven research firms that are covering the company, Marketbeat Ratings reports. Eighteen equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $14.79.
Several brokerages have commented on UAA. Zacks Investment Research downgraded shares of Under Armour from a “hold” rating to a “sell” rating in a research report on Tuesday. ValuEngine downgraded shares of Under Armour from a “sell” rating to a “strong sell” rating in a report on Monday, April 2nd. DA Davidson upped their price target on shares of Under Armour from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Wednesday, February 14th. Pivotal Research upped their price target on shares of Under Armour from $14.00 to $16.00 and gave the stock a “hold” rating in a report on Wednesday, February 14th. Finally, Vetr upgraded shares of Under Armour from a “buy” rating to a “strong-buy” rating and set a $18.74 price target for the company in a report on Thursday, February 22nd.
Shares of UAA opened at $16.08 on Friday. Under Armour has a one year low of $11.40 and a one year high of $23.46. The company has a market cap of $7,229.50, a price-to-earnings ratio of 84.63, a PEG ratio of 4.61 and a beta of -0.23. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.20 and a quick ratio of 1.11.
A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. boosted its position in Under Armour by 1.3% during the fourth quarter. BlackRock Inc. now owns 11,568,717 shares of the company’s stock valued at $166,937,000 after acquiring an additional 147,753 shares during the last quarter. Hexavest Inc. bought a new position in shares of Under Armour during the 4th quarter worth about $39,368,000. Bank of New York Mellon Corp boosted its position in shares of Under Armour by 6.9% during the 4th quarter. Bank of New York Mellon Corp now owns 1,919,045 shares of the company’s stock worth $27,693,000 after purchasing an additional 123,863 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Under Armour by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 1,891,190 shares of the company’s stock worth $27,226,000 after purchasing an additional 56,199 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new position in shares of Under Armour during the 4th quarter worth about $25,742,000. 33.71% of the stock is currently owned by institutional investors and hedge funds.
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, cold, and in between the extremes.
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