Credit Suisse Group reissued their neutral rating on shares of Under Armour (NYSE:UAA) in a report released on Monday, Borsen Zeitung reports. Credit Suisse Group currently has a $20.00 target price on the stock.

A number of other research analysts also recently commented on the stock. ValuEngine raised shares of Under Armour from a sell rating to a hold rating in a research report on Tuesday, January 7th. Piper Sandler decreased their target price on shares of Under Armour from $30.00 to $27.00 and set an overweight rating for the company in a research report on Monday, January 27th. Robert W. Baird cut shares of Under Armour from an outperform rating to a neutral rating and reduced their price objective for the stock from $31.00 to $20.00 in a research note on Tuesday, November 5th. KeyCorp reduced their price objective on shares of Under Armour from $30.00 to $23.00 and set an overweight rating for the company in a research note on Tuesday, November 5th. Finally, Goldman Sachs Group set a $26.00 target price on shares of Under Armour and gave the company a buy rating in a research note on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $20.81.

Shares of NYSE:UAA opened at $16.76 on Monday. The company has a market cap of $9.23 billion, a PE ratio of 67.04, a P/E/G ratio of 1.62 and a beta of 0.63. The company’s 50-day moving average price is $20.54 and its 200 day moving average price is $19.91. Under Armour has a fifty-two week low of $16.50 and a fifty-two week high of $27.72. The company has a quick ratio of 1.29, a current ratio of 2.05 and a debt-to-equity ratio of 0.55.

Under Armour (NYSE:UAA) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.10 EPS for the quarter, hitting analysts’ consensus estimates of $0.10. Under Armour had a net margin of 2.14% and a return on equity of 7.24%. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the firm earned $0.09 EPS. Under Armour’s revenue was up 3.7% on a year-over-year basis. As a group, equities analysts anticipate that Under Armour will post 0.34 EPS for the current year.

Hedge funds have recently made changes to their positions in the business. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Under Armour by 12.2% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 600,269 shares of the company’s stock valued at $12,965,000 after purchasing an additional 65,442 shares during the last quarter. Amalgamated Bank lifted its holdings in Under Armour by 4.9% during the 4th quarter. Amalgamated Bank now owns 30,951 shares of the company’s stock valued at $669,000 after purchasing an additional 1,453 shares during the last quarter. Toronto Dominion Bank lifted its holdings in Under Armour by 6.9% during the 4th quarter. Toronto Dominion Bank now owns 123,715 shares of the company’s stock valued at $2,672,000 after purchasing an additional 7,946 shares during the last quarter. Stifel Financial Corp lifted its holdings in Under Armour by 8.2% during the 4th quarter. Stifel Financial Corp now owns 135,924 shares of the company’s stock valued at $2,899,000 after purchasing an additional 10,349 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Under Armour by 3.3% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 44,334 shares of the company’s stock valued at $958,000 after purchasing an additional 1,421 shares during the last quarter. Hedge funds and other institutional investors own 39.30% of the company’s stock.

About Under Armour

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.

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Analyst Recommendations for Under Armour (NYSE:UAA)

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