ibusinesslines.com
ibusinesslines.com December 14, 2018


Vetr Inc. Upgrades Under Armour Inc (UA) to "Strong-Buy"

27 April 2017, 03:53 | Kelvin Horton

Image source lululemon athletica

A woman stands on her head in a yoga pose wearing lululemon athletica clothing

The stock lost -0.14% in total of its share price. Zacks Investment Research raised Under Armour from a sell rating to a hold rating in a report on Wednesday, March 15th. Susquehanna Bancshares Inc reaffirmed a reduce rating and issued a $14.00 price target on shares of Under Armour in a report on Friday, March 10th. Robert W. Baird reiterated an "outperform" rating and issued a $25.00 price target (down from $35.00) on shares of Under Armour in a research report on Wednesday, February 1st. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the company. Credit Suisse Group AG's price target points to a potential downside of 12.95% from the stock's current price.

Under Armour (NYSE:UA) opened at 18.14 on Thursday.

The stock as of last trading session moved 7.12% up from its 52 week low and was -58.40% behind its 52 week high. The company has a market cap of $7.95 billion and a PE ratio of 40.76. Further back, their 200-Day Simple Moving Average is -37.30% difference from today's price.

"Our first quarter results were in line with our expectations and we're off to a solid start in 2017", said Under Armour Chairman and CEO Kevin Plank. If you are reading this news story on another website, it was stolen and reposted in violation of worldwide copyright laws.


Shares of Under Armour Inc (NYSE:UAA) inclined 0.46% to $19.53. Northeast Investment Management increased its stake in Under Armour by 60.7% in the first quarter. Thornburg Investment Management Inc. now owns 336,946 shares of the company's stock worth $9,788,000 after buying an additional 30,722 shares in the last quarter. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.02. City Holding Co. increased its stake in Under Armour by 50.5% in the first quarter. The business's quarterly revenue was up 11.7% compared to the same quarter previous year.

Under Armour has 438,530,000 shares which are now outstanding with shareholders and have a price of 17.97 bringing Under Armour's market capitalisation to 7.88B Dollars.

Last year, the Baltimore sports gear company put up a profit of $19.2 million, or 4 cents per share, a year earlier. Finally, Ken Stern & Associates Inc. purchased a new position in shares of Under Armour during the third quarter valued at $283,000. Stock traders acquired 6,891 put options on the company.

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth.



Other News

Trending Now

Latest draft buzz indicates Cleveland considering passing up Myles Garrett
That appears to be a lock, and although the Browns haven't said his name yet, reports indicate their minds are made up. The 49ers have expressed interest in drafting Trubisky with the No. 2 pick, as have the Bears with the No. 3 pick.

'Cheater' Sharapova should not be allowed to play again: Bouchard
A quick tour of the venue is enough to see the influence of the five-time Grand Slam champion on the promotion of the tournament. She broke instantly in the second set, Vinci affording her opponent too much room to bring her powerful forehand into play.

Trump commemorates Holocaust, re-affirms allegiance with 'friend' Israel
We urge the president and his administration to act to protect targeted communities against hate crime and discrimination". Addressing survivors in attendance at the Capitol, Mr Trump called each one a "beacon of light". "We just won't", he said.

BOJ keeps lax monetary policy, forecasts steady growth
Japan's economy grew by 1.2% on Y-o-Y basis, in the October to December quarter, as per the data revised in last month. The BOJ, which has an inflation target of 2%, cut its inflation projection for fiscal 2017 to 1.4% from 1.5%.

David Silva doubtful but Aguero, Jesus ready for Manchester derby: Guardiola
We were not consistent. " People can advise you and do what they can to try and help ", Rashford added. The stakes are high - City is fourth in the English Premier League, just a point ahead of United .

Islamic State, Taliban clash in Afghanistan, dozens killed
Late last month, other top ranking U.S. military officials spoke to the allegations, but discussed them with greater uncertainty. General in Afghanistan John Nicholson told reporters in a December Pentagon briefing. "This is a false narrative".

Trump's Approval Rating Hits 41 Percent In Latest CBS Poll
Even 29 percent of Democrats, who may disagree with Trump's agenda, believe he's holding true to his campaign promises. The poll also asked USA adults their thoughts on the Obama administration's alleged spying on the Trump campaign.