Under Armour Inc (NYSE:UAA) – Stock analysts at B. Riley issued their Q1 2018 earnings estimates for shares of Under Armour in a note issued to investors on Wednesday. B. Riley analyst S. Anderson anticipates that the company will post earnings of ($0.06) per share for the quarter. B. Riley currently has a “Sell” rating and a $10.00 price target on the stock. B. Riley also issued estimates for Under Armour’s Q2 2018 earnings at ($0.09) EPS, Q3 2018 earnings at $0.21 EPS and Q4 2018 earnings at $0.07 EPS.
A number of other equities research analysts have also commented on UAA. Deutsche Bank lowered their price target on Under Armour from $16.00 to $14.00 and set a “sell” rating for the company in a research report on Thursday, October 26th. Bank of America lowered Under Armour from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $21.00 to $12.00 in a research report on Monday, October 30th. Pivotal Research reissued a “hold” rating and issued a $14.00 price target (down from $17.00) on shares of Under Armour in a research report on Tuesday, October 31st. FBR & Co lowered their price target on Under Armour from $14.00 to $10.00 and set a “sell” rating for the company in a research report on Tuesday, October 31st. Finally, DA Davidson lowered Under Armour from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 31st. Nineteen research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $14.71.
Hedge funds have recently bought and sold shares of the company. Delpha Capital Management LLC bought a new position in shares of Under Armour during the 4th quarter worth $110,000. Vantage Investment Advisors LLC boosted its stake in Under Armour by 240.0% in the 4th quarter. Vantage Investment Advisors LLC now owns 10,092 shares of the company’s stock worth $128,000 after purchasing an additional 7,124 shares during the period. Calton & Associates Inc. bought a new position in Under Armour in the 4th quarter worth about $131,000. WFG Advisors LP bought a new position in Under Armour in the 2nd quarter worth about $132,000. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new position in Under Armour in the 4th quarter worth about $138,000. Institutional investors own 31.93% of the company’s stock.
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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.
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