Goldman Sachs Group set a $26.00 price target on Under Armour (NYSE:UAA) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

UAA has been the subject of a number of other research reports. Pivotal Research cut their target price on shares of Under Armour from $25.00 to $22.00 and set a hold rating for the company in a research note on Tuesday, October 29th. Credit Suisse Group reiterated a neutral rating and issued a $25.00 target price on shares of Under Armour in a research note on Thursday, October 31st. Zacks Investment Research upgraded shares of Under Armour from a hold rating to a buy rating and set a $21.00 target price for the company in a research note on Monday, October 14th. Sanford C. Bernstein upgraded shares of Under Armour from an underperform rating to a market perform rating and lifted their target price for the company from $16.00 to $17.00 in a research note on Tuesday, September 3rd. Finally, ValuEngine upgraded shares of Under Armour from a sell rating to a hold rating in a research note on Wednesday, October 30th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of $22.06.

Shares of NYSE:UAA traded down $0.03 during trading on Tuesday, reaching $17.56. The stock had a trading volume of 4,352,261 shares, compared to its average volume of 4,841,703. Under Armour has a 52 week low of $16.52 and a 52 week high of $27.72. The business’s 50-day moving average price is $19.85 and its 200 day moving average price is $22.30. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.05 and a quick ratio of 1.11. The stock has a market capitalization of $7.94 billion, a PE ratio of 65.04, a P/E/G ratio of 1.87 and a beta of 0.61.

Under Armour (NYSE:UAA) last posted its earnings results on Monday, November 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. Under Armour had a net margin of 2.14% and a return on equity of 7.24%. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the previous year, the company posted $0.25 earnings per share. Under Armour’s quarterly revenue was down .9% compared to the same quarter last year. Analysts forecast that Under Armour will post 0.34 EPS for the current year.

Several institutional investors have recently modified their holdings of UAA. Patten & Patten Inc. TN acquired a new stake in shares of Under Armour in the second quarter valued at approximately $319,000. Xact Kapitalforvaltning AB grew its holdings in Under Armour by 27.1% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 34,467 shares of the company’s stock worth $874,000 after acquiring an additional 7,343 shares during the period. SevenBridge Financial Group LLC grew its holdings in Under Armour by 140.4% during the 2nd quarter. SevenBridge Financial Group LLC now owns 6,737 shares of the company’s stock worth $171,000 after acquiring an additional 3,935 shares during the period. Legacy Financial Strategies LLC acquired a new stake in Under Armour during the 2nd quarter worth $238,000. Finally, KG&L Capital Management LLC grew its holdings in Under Armour by 2.2% during the 2nd quarter. KG&L Capital Management LLC now owns 106,939 shares of the company’s stock worth $2,710,000 after acquiring an additional 2,305 shares during the period. 38.61% of the stock is owned by institutional investors and hedge funds.

Under Armour Company Profile

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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Analyst Recommendations for Under Armour (NYSE:UAA)

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