Under Armour Inc (NYSE:UAA) – Equities research analysts at Oppenheimer lowered their Q1 2018 earnings per share estimates for Under Armour in a report released on Tuesday. Oppenheimer analyst A. Andreeva now anticipates that the company will post earnings per share of ($0.07) for the quarter, down from their prior estimate of ($0.04). Oppenheimer also issued estimates for Under Armour’s Q2 2018 earnings at ($0.10) EPS.

A number of other brokerages also recently weighed in on UAA. Citigroup reiterated a “neutral” rating and issued a $17.00 price target on shares of Under Armour in a research report on Wednesday. DA Davidson increased their price target on shares of Under Armour from $15.00 to $17.00 and gave the company a “neutral” rating in a research report on Wednesday. Stifel Nicolaus increased their price target on shares of Under Armour from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday. Pivotal Research increased their price target on shares of Under Armour from $14.00 to $16.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Telsey Advisory Group increased their price target on shares of Under Armour from $13.00 to $15.00 and gave the company a “market perform” rating in a research report on Wednesday. Nineteen research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $14.71.

Under Armour (UAA) opened at $17.76 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 52-week low of $11.40 and a 52-week high of $23.46. The stock has a market cap of $7,376.34, a PE ratio of -147.99, a price-to-earnings-growth ratio of 5.39 and a beta of -0.04.

Several institutional investors and hedge funds have recently modified their holdings of the company. Zeke Capital Advisors LLC bought a new position in shares of Under Armour during the 4th quarter worth approximately $389,000. Meadow Creek Investment Management LLC grew its stake in shares of Under Armour by 31.5% during the 4th quarter. Meadow Creek Investment Management LLC now owns 38,332 shares of the company’s stock worth $553,000 after acquiring an additional 9,184 shares in the last quarter. Cornerstone Capital Management Holdings LLC. grew its stake in shares of Under Armour by 12.9% during the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 34,807 shares of the company’s stock worth $501,000 after acquiring an additional 3,986 shares in the last quarter. Tyers Asset Management LLC grew its stake in shares of Under Armour by 31.5% during the 4th quarter. Tyers Asset Management LLC now owns 21,904 shares of the company’s stock worth $316,000 after acquiring an additional 5,248 shares in the last quarter. Finally, Teachers Advisors LLC grew its stake in shares of Under Armour by 13.0% during the 4th quarter. Teachers Advisors LLC now owns 270,236 shares of the company’s stock worth $3,900,000 after acquiring an additional 31,063 shares in the last quarter. 31.93% of the stock is owned by institutional investors.

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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.

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

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