Under Armour (UAA) Earning Somewhat Positive Media Coverage, Analysis Shows
Press coverage about Under Armour (NYSE:UAA) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Under Armour earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8572299313642 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Under Armour, Inc. (UAA) Lifted to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Head to Head Review: Under Armour (UAA) versus V.F. Corporation (VFC) (americanbankingnews.com)
- Most Shocking Stock Movements: The Wendy’s Company (WEN), Under Armour, Inc. (UAA) – Market Movers (financialqz.com)
- Signs of Better Demand for Under Armour (UAA) Curry 4 – Baird – StreetInsider.com (streetinsider.com)
- Under Armour Inc Stock Could Actually Still Fall a Lot Further – Investorplace.com (investorplace.com)
Under Armour (NYSE UAA) opened at $13.08 on Friday. The company has a current ratio of 2.23, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $5,768.11, a price-to-earnings ratio of 31.90, a price-to-earnings-growth ratio of 3.87 and a beta of -0.15. Under Armour has a 12-month low of $11.40 and a 12-month high of $33.45.
Under Armour (NYSE:UAA) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Under Armour had a return on equity of 9.32% and a net margin of 2.94%. The business’s revenue was down 4.5% compared to the same quarter last year. sell-side analysts forecast that Under Armour will post 0.2 earnings per share for the current fiscal year.
UAA has been the subject of several recent research reports. Jefferies Group LLC reissued a “buy” rating and set a $28.00 price objective on shares of Under Armour in a report on Thursday, September 7th. UBS AG raised Under Armour to a “neutral” rating in a report on Tuesday, November 7th. Wells Fargo & Company reissued a “market perform” rating and set a $17.00 price objective on shares of Under Armour in a report on Wednesday, August 2nd. Sanford C. Bernstein initiated coverage on Under Armour in a report on Tuesday, September 12th. They set an “underperform” rating and a $14.00 price objective for the company. Finally, Piper Jaffray Companies dropped their price objective on Under Armour from $17.00 to $14.00 and set an “average” rating for the company in a report on Wednesday, October 11th. Seventeen analysts have rated the stock with a sell rating, twenty-one have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $17.04.
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.
Receive News & Ratings for Under Armour Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour Inc. and related companies with MarketBeat.com's FREE daily email newsletter.