Under Armour (NYSE:UAA) Sets New 12-Month High at $27.56

Under Armour Inc (NYSE:UAA)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $27.56 and last traded at $27.42, with a volume of 2267986 shares changing hands. The stock had previously closed at $26.56.

Several equities research analysts have issued reports on UAA shares. JPMorgan Chase & Co. set a $195.00 price objective on shares of bluebird bio and gave the company a “buy” rating in a research report on Friday, May 17th. Citigroup started coverage on shares of Dicks Sporting Goods in a research report on Wednesday, April 10th. They issued a “neutral” rating and a $40.00 price objective for the company. ValuEngine cut shares of Intersect ENT from a “buy” rating to a “hold” rating in a research report on Monday, July 8th. Zacks Investment Research cut shares of Haynes International from a “hold” rating to a “sell” rating in a research report on Wednesday, May 8th. Finally, Credit Suisse Group raised shares of ConocoPhillips from a “neutral” rating to an “outperform” rating and set a $75.00 price target for the company in a research report on Tuesday, April 30th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $23.53.

The firm has a 50-day moving average of $25.45. The firm has a market capitalization of $12.31 billion, a PE ratio of 101.11, a PEG ratio of 2.90 and a beta of 0.47. The company has a current ratio of 2.02, a quick ratio of 1.22 and a debt-to-equity ratio of 0.58.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Under Armour had a net margin of 0.12% and a return on equity of 7.17%. The company’s revenue was up 1.6% compared to the same quarter last year. As a group, research analysts forecast that Under Armour Inc will post 0.35 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Gilder Gagnon Howe & Co. LLC raised its stake in shares of Under Armour by 4.0% during the 1st quarter. Gilder Gagnon Howe & Co. LLC now owns 9,920 shares of the company’s stock worth $210,000 after acquiring an additional 379 shares in the last quarter. Piedmont Investment Advisors Inc. raised its stake in shares of Under Armour by 3.8% during the 1st quarter. Piedmont Investment Advisors Inc. now owns 13,473 shares of the company’s stock worth $285,000 after acquiring an additional 498 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Under Armour by 7.3% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,979 shares of the company’s stock worth $232,000 after acquiring an additional 744 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Under Armour by 1.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 63,582 shares of the company’s stock worth $1,344,000 after acquiring an additional 757 shares in the last quarter. Finally, ETF Managers Group LLC raised its stake in shares of Under Armour by 9.8% during the 1st quarter. ETF Managers Group LLC now owns 8,754 shares of the company’s stock worth $185,000 after acquiring an additional 781 shares in the last quarter. Hedge funds and other institutional investors own 37.95% of the company’s stock.

Under Armour Company Profile (NYSE:UAA)

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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