Under Armour, Inc. (NYSE:UAA) Given Consensus Rating of "Hold" by Analysts

Under Armour, Inc. (NYSE:UAA - Get Free Report) has received a consensus rating of "Hold" from the twenty-one analysts that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $9.12.

Several research analysts recently commented on UAA shares. KGI Securities assumed coverage on shares of Under Armour in a report on Friday, March 7th. They set a "neutral" rating and a $7.40 target price for the company. UBS Group dropped their target price on Under Armour from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Tuesday, January 28th. Guggenheim reaffirmed a "neutral" rating on shares of Under Armour in a research report on Friday, February 7th. StockNews.com raised Under Armour from a "sell" rating to a "hold" rating in a report on Thursday, March 20th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Under Armour in a research note on Friday, February 7th.

Under Armour Stock Up 2.1 %

UAA traded up $0.12 during trading on Friday, hitting $5.68. The company had a trading volume of 2,988,942 shares, compared to its average volume of 11,870,570. The company has a market capitalization of $2.44 billion, a PE ratio of -19.50 and a beta of 1.49. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. Under Armour has a one year low of $4.78 and a one year high of $11.89. The firm's 50-day moving average price is $6.50 and its 200 day moving average price is $8.05.

Under Armour (NYSE:UAA - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same quarter in the prior year, the firm earned $0.19 earnings per share. As a group, equities analysts expect that Under Armour will post 0.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Compagnie Lombard Odier SCmA bought a new stake in shares of Under Armour in the fourth quarter valued at approximately $25,000. Nomura Asset Management Co. Ltd. raised its holdings in shares of Under Armour by 163.6% during 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. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Under Armour in the fourth quarter valued at about $27,000. SBI Securities Co. Ltd. bought a new position in Under Armour in the fourth quarter valued at about $40,000. Finally, Harbour Investments Inc. increased its position in Under Armour by 438.2% during the 4th quarter. Harbour Investments Inc. now owns 6,141 shares of the company's stock valued at $51,000 after purchasing an additional 5,000 shares during the period. 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.