A number of other equities analysts have also issued reports on UA. Forward View set a $17.00 target price on Under Armour and gave the stock a hold rating in a research note on Sunday, August 13th. ValuEngine upgraded Under Armour from a sell rating to a hold rating in a research note on Friday, December 1st. Piper Jaffray Companies set a $11.00 target price on Under Armour and gave the stock a hold rating in a research note on Tuesday, October 31st. Wells Fargo & Company lowered Under Armour from a market perform rating to a sell rating and reduced their target price for the stock from $17.00 to $13.00 in a research note on Tuesday, September 19th. Finally, Canaccord Genuity set a $15.00 target price on Under Armour and gave the stock a hold rating in a research note on Thursday, October 12th. Nine analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $15.71.
Under Armour (UA) opened at $12.18 on Monday. The stock has a market capitalization of $5,690.00 and a price-to-earnings ratio of 29.73. Under Armour has a 52 week low of $10.36 and a 52 week high of $29.06.
A number of hedge funds have recently bought and sold shares of UA. Harris Associates L P acquired a new stake in Under Armour in the 2nd quarter worth about $22,967,000. American Century Companies Inc. acquired a new stake in Under Armour in the 2nd quarter worth about $19,429,000. Contrarius Investment Management Ltd acquired a new stake in Under Armour in the 2nd quarter worth about $17,656,000. Dimensional Fund Advisors LP boosted its holdings in Under Armour by 159.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,025,064 shares of the company’s stock worth $15,397,000 after buying an additional 629,862 shares during the last quarter. Finally, GMT Capital Corp acquired a new stake in Under Armour in the 3rd quarter worth about $9,381,000. Institutional investors own 31.86% 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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