Under Armour Inc. Sets New 1-Year High at $85.27 (UA)
Under Armour (NYSE:UA) set a new 52-week high during trading on Friday, Analyst Ratings Network reports. The stock traded as high as $85.27 and last traded at $85.24, with a volume of 730,416 shares. The stock had previously closed at $82.12.
UA has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Under Armour from $76.00 to $92.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Telsey Advisory Group raised their price target on shares of Under Armour from $64.00 to $79.00 in a research note to investors on Friday. They now have a “not rated” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “hold” rating on shares of Under Armour in a research note to investors on Thursday. They now have a $77.00 price target on the stock. Thirteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Under Armour has a consensus rating of “Hold” and a consensus target price of $71.05.
Under Armour has a 1-year low of $44.32 and a 1-year high of $83.40. The stock has a 50-day moving average of $78.21 and a 200-day moving average of $65.74. The company has a market cap of $8.997 billion and a P/E ratio of 65.96.
Under Armour (NYSE:UA) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.02. The company had revenue of $455.00 million for the quarter, compared to the consensus estimate of $448.91 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 23.0% on a year-over-year basis. On average, analysts predict that Under Armour will post $1.45 earnings per share for the current fiscal year.
Under Armour, Inc (NYSE:UA) is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth.
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