Under Armour, Inc. (NYSE:UAA) Receives $9.03 Average Target Price from Analysts

Under Armour, Inc. (NYSE:UAA) has been assigned a consensus rating of “Hold” from the twenty analysts that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $9.03.

A number of analysts recently weighed in on the stock. Stifel Nicolaus increased their price target on shares of Under Armour from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. TD Cowen boosted their target price on Under Armour from $7.00 to $8.00 and gave the company a “hold” rating in a report on Monday, November 4th. UBS Group increased their price target on Under Armour from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, November 8th. BMO Capital Markets boosted their price objective on shares of Under Armour from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, Barclays boosted their price target on shares of Under Armour from $8.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Monday, November 11th.

Under Armour Stock Up 0.9 %

Shares of NYSE UAA opened at $9.94 on Thursday. The stock has a market cap of $4.30 billion, a PE ratio of -331.22, a price-to-earnings-growth ratio of 3.66 and a beta of 1.66. Under Armour has a 52-week low of $6.17 and a 52-week high of $11.89. The business has a 50-day moving average price of $8.65 and a 200 day moving average price of $7.63. The company has a quick ratio of 1.24, a current ratio of 2.18 and a debt-to-equity ratio of 0.30.

Institutional Trading of Under Armour

Large investors have recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. lifted its holdings in Under Armour by 163.6% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company’s stock worth $26,000 after buying an additional 1,800 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Under Armour in the third quarter valued at about $56,000. CWM LLC lifted its holdings in Under Armour by 20.7% during the 3rd quarter. CWM LLC now owns 8,211 shares of the company’s stock worth $73,000 after buying an additional 1,409 shares during the last quarter. City State Bank grew its position in shares of Under Armour by 292.6% in the 3rd quarter. City State Bank now owns 10,063 shares of the company’s stock worth $90,000 after acquiring an additional 7,500 shares in the last quarter. Finally, Baker Avenue Asset Management LP bought a new stake in shares of Under Armour in the 3rd quarter valued at approximately $92,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.