Under Armour Inc. (NYSE:UA) – Stock analysts at KeyCorp issued their FY2018 earnings per share estimates for shares of Under Armour in a research report issued to clients and investors on Tuesday. KeyCorp analyst J. Schmidt forecasts that the firm will post earnings of $0.81 per share for the year.

UA has been the subject of several other research reports. Mizuho set a $52.00 target price on Under Armour and gave the company a “buy” rating in a research note on Friday, October 21st. Canaccord Genuity restated a “buy” rating and set a $65.00 target price on shares of Under Armour in a research note on Sunday, September 11th. Guggenheim began coverage on Under Armour in a research note on Friday, September 30th. They set a “buy” rating and a $38.60 target price for the company. Oppenheimer Holdings Inc. restated a “market perform” rating on shares of Under Armour in a research note on Wednesday, September 28th. Finally, Vetr raised Under Armour from a “buy” rating to a “strong-buy” rating and set a $47.89 price target for the company in a report on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $46.85.

Earnings History and Estimates for Under Armour (NYSE:UA)

Under Armour (NYSE:UA) traded down 2.615% during midday trading on Thursday, reaching $31.465. The company’s stock had a trading volume of 1,530,712 shares. Under Armour has a 52 week low of $30.06 and a 52 week high of $47.95. The stock has a 50 day moving average of $34.85 and a 200 day moving average of $38.29. The firm has a market capitalization of $13.79 billion, a PE ratio of 69.922 and a beta of 0.16.

Under Armour (NYSE:UA) last posted its quarterly earnings data on Tuesday, October 25th. The apparel retailer reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.04. Under Armour had a return on equity of 14.60% and a net margin of 5.53%. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the business earned $0.45 EPS. Under Armour’s revenue for the quarter was up 22.1% compared to the same quarter last year.

Several large investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc increased its position in shares of Under Armour by 0.7% in the first quarter. Legal & General Group Plc now owns 747,800 shares of the apparel retailer’s stock valued at $63,436,000 after buying an additional 5,341 shares in the last quarter. Columbus Circle Investors increased its position in shares of Under Armour by 62.2% in the second quarter. Columbus Circle Investors now owns 1,238,599 shares of the apparel retailer’s stock valued at $49,705,000 after buying an additional 475,061 shares during the period. Baillie Gifford & Co. increased its position in shares of Under Armour by 211.1% in the second quarter. Baillie Gifford & Co. now owns 13,941,697 shares of the apparel retailer’s stock valued at $559,480,000 after buying an additional 9,460,529 shares during the period. Canada Pension Plan Investment Board increased its position in shares of Under Armour by 92.3% in the first quarter. Canada Pension Plan Investment Board now owns 2,500 shares of the apparel retailer’s stock valued at $212,000 after buying an additional 1,200 shares during the period. Finally, LMR Partners LLP increased its position in shares of Under Armour by 163.8% in the second quarter. LMR Partners LLP now owns 21,284 shares of the apparel retailer’s stock valued at $854,000 after buying an additional 13,217 shares during the period. Institutional investors own 36.29% of the company’s stock.

In other news, insider Matthew C. Mirchin sold 16,015 shares of Under Armour stock in a transaction that occurred on Thursday, August 25th. The shares were sold at an average price of $42.92, for a total value of $687,363.80. Following the completion of the sale, the insider now directly owns 29,869 shares in the company, valued at $1,281,977.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CRO Karl-Heinz Maurath sold 54,632 shares of Under Armour stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $43.34, for a total transaction of $2,367,750.88. Following the completion of the sale, the executive now owns 25,840 shares of the company’s stock, valued at $1,119,905.60. The disclosure for this sale can be found here. Insiders own 16.50% of the company’s stock.

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.

5 Day Chart for NYSE:UA

Receive News & Stock 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 stocks with our FREE daily email newsletter.