Headlines about Under Armour (NYSE:UAA) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Under Armour earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.9059175200717 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern’s scoring:
- Optimistic Trending Companies: Under Armour, Inc. (UAA), The Interpublic Group of Companies, Inc. (IPG) – Market Movers (financialqz.com)
- The Big Pop In Under Armour Stock Is a Sucker’s Rally – Investorplace.com (investorplace.com)
- Most Shocking Stock Movements: Parsley Energy, Inc. (PE), Under Armour, Inc. (UAA) – Market Movers (financialqz.com)
- Macquarie Downgrades Under Armour to ‘Underperform’ (finance.yahoo.com)
- Buy or Sell? – Sprint Corporation, (NYSE: S), Under Armour, Inc., (NYSE: UAA) – Stocks In The News (press release) (tradingnewsnow.com)
A number of equities analysts have recently commented on the stock. UBS Group reduced their target price on shares of Under Armour from $19.00 to $14.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 1st. Zacks Investment Research lowered shares of Under Armour from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th. Wedbush reaffirmed a “neutral” rating and set a $11.00 target price (down from $17.00) on shares of Under Armour in a research report on Wednesday, November 1st. Canaccord Genuity reaffirmed a “hold” rating and set a $15.00 target price (down from $18.00) on shares of Under Armour in a research report on Thursday, October 12th. Finally, Guggenheim lowered shares of Under Armour from a “buy” rating to a “neutral” rating in a research report on Monday, September 25th. Eighteen analysts have rated the stock with a sell rating, nineteen have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $16.21.
Under Armour (NYSE UAA) opened at $14.21 on Friday. 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 $11.40 and a 1-year high of $29.64. The stock has a market cap of $5,960.00, a price-to-earnings ratio of 44.41, a price-to-earnings-growth ratio of 3.44 and a beta of 0.04.
Under Armour (NYSE:UAA) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.03. Under Armour had a net margin of 2.94% and a return on equity of 9.32%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.49 billion. The firm’s revenue was down 4.5% compared to the same quarter last year. sell-side analysts anticipate that Under Armour will post 0.2 EPS for the current fiscal year.
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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.
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