DA Davidson set a $17.00 target price on Under Armour (NYSE:UA) in a research report released on Wednesday morning. The firm currently has a hold rating on the stock.
Other analysts have also issued research reports about the stock. Raymond James Financial restated a sell rating on shares of Under Armour in a research report on Tuesday. Vetr lowered shares of Under Armour from a strong-buy rating to a hold rating and set a $14.92 price target on the stock. in a research report on Wednesday. Piper Jaffray Companies set a $11.00 price target on shares of Under Armour and gave the company a hold rating in a research report on Tuesday, October 31st. Wells Fargo & Co set a $11.00 price target on shares of Under Armour and gave the company a sell rating in a research report on Tuesday, October 31st. Finally, Pivotal Research set a $14.00 price target on shares of Under Armour and gave the company a hold rating in a research report on Monday, February 12th. Nine research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $15.81.
Shares of Under Armour (NYSE:UA) opened at $15.78 on Wednesday. The firm has a market cap of $7,305.67, a price-to-earnings ratio of -131.49 and a beta of 0.70. Under Armour has a 52 week low of $10.36 and a 52 week high of $21.81.
Under Armour (NYSE:UA) last released its quarterly earnings data on Tuesday, February 13th. The company reported ($0.20) earnings per share for the quarter. The business had revenue of $1.37 billion during the quarter. Under Armour had a positive return on equity of 9.38% and a negative net margin of 0.97%. During the same quarter in the prior year, the firm earned $0.23 EPS.
Several hedge funds and other institutional investors have recently made changes to their positions in UA. ArrowMark Colorado Holdings LLC grew its position in shares of Under Armour by 166.4% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 6,192,627 shares of the company’s stock valued at $82,486,000 after purchasing an additional 3,867,716 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Under Armour by 159.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,025,064 shares of the company’s stock valued at $15,397,000 after purchasing an additional 629,862 shares during the period. GMT Capital Corp acquired a new stake in shares of Under Armour in the third quarter valued at about $9,381,000. State of New Jersey Common Pension Fund D grew its position in shares of Under Armour by 66.7% in the third quarter. State of New Jersey Common Pension Fund D now owns 1,500,000 shares of the company’s stock valued at $22,530,000 after purchasing an additional 600,000 shares during the period. Finally, Capital Analysts LLC grew its position in shares of Under Armour by 551,716.0% in the fourth quarter. Capital Analysts LLC now owns 551,816 shares of the company’s stock valued at $31,398,000 after purchasing an additional 551,716 shares during the period. Institutional investors and hedge funds own 31.15% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “DA Davidson Analysts Give Under Armour (UA) a $17.00 Price Target” was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & international copyright & trademark legislation. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/17/da-davidson-analysts-give-under-armour-ua-a-17-00-price-target.html.
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.
Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.