DA Davidson Equities Analysts Increase Earnings Estimates for Under Armour Inc (UAA)

Under Armour Inc (NYSE:UAA) – Equities researchers at DA Davidson upped their Q3 2018 earnings per share estimates for Under Armour in a note issued to investors on Tuesday. DA Davidson analyst A. Burns now expects that the company will post earnings per share of $0.23 for the quarter, up from their prior forecast of $0.20. DA Davidson has a “Neutral” rating and a $17.00 price objective on the stock.

A number of other equities analysts have also recently commented on the company. Vetr raised Under Armour from a “strong sell” rating to a “sell” rating and set a $13.90 price target for the company in a report on Thursday, December 28th. Zacks Investment Research raised Under Armour from a “sell” rating to a “hold” rating in a report on Friday, November 17th. Stifel Nicolaus raised Under Armour from a “hold” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $17.00 in a report on Friday, December 15th. UBS Group raised Under Armour to a “neutral” rating in a report on Tuesday, November 7th. Finally, Macquarie cut Under Armour from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $10.00 to $8.00 in a report on Tuesday, January 16th. Nineteen investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the company. Under Armour presently has a consensus rating of “Hold” and a consensus target price of $14.71.

Under Armour (UAA) opened at $17.36 on Thursday. The company has a current ratio of 2.20, a quick ratio of 1.16 and a debt-to-equity ratio of 0.38. Under Armour has a fifty-two week low of $11.40 and a fifty-two week high of $23.46. The company has a market capitalization of $7,310.00, a price-to-earnings ratio of -157.82, a PEG ratio of 4.98 and a beta of -0.04.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in shares of Under Armour by 248.0% in the 4th quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 8,700 shares of the company’s stock valued at $126,000 after buying an additional 6,200 shares during the last quarter. Slow Capital Inc. bought a new stake in shares of Under Armour in the 4th quarter valued at about $328,000. Meitav Dash Investments Ltd. bought a new stake in shares of Under Armour in the 4th quarter valued at about $466,000. MetLife Investment Advisors LLC bought a new stake in shares of Under Armour in the 4th quarter valued at about $827,000. Finally, Zeke Capital Advisors LLC bought a new stake in shares of Under Armour in the 4th quarter valued at about $389,000. Hedge funds and other institutional investors own 31.93% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “DA Davidson Equities Analysts Increase Earnings Estimates for Under Armour Inc (UAA)” was published by BBNS and is the property of of BBNS. If you are reading this news story on another website, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The legal version of this news story can be read at https://baseballnewssource.com/markets/da-davidson-equities-analysts-increase-earnings-estimates-for-under-armour-inc-uaa/1888447.html.

About Under Armour

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.

Earnings History and Estimates for Under Armour (NYSE:UAA)

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.

 


Latest News

Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Giants Will Retire No. 25 of Barry Bonds in August
Giants Will Retire No. 25 of Barry Bonds in August
Mookie Betts Awarded Arbitration of $10.5 Million
Mookie Betts Awarded Arbitration of $10.5 Million


Leave a Reply

 
© 2006-2018 BBNS.