Under Armour Inc (NYSE:UAA) – Stock analysts at KeyCorp lifted their Q3 2018 earnings per share (EPS) estimates for shares of Under Armour in a research report issued to clients and investors on Tuesday. KeyCorp analyst E. Yruma now expects that the company will post earnings of $0.26 per share for the quarter, up from their previous forecast of $0.24. KeyCorp also issued estimates for Under Armour’s Q4 2018 earnings at $0.00 EPS, FY2018 earnings at $0.17 EPS and FY2019 earnings at $0.31 EPS.

Several other equities research analysts have also issued reports on UAA. Vetr upgraded shares of Under Armour from a “strong sell” rating to a “sell” rating and set a $13.90 target price for the company in a report on Thursday, December 28th. Zacks Investment Research raised Under Armour from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. Stifel Nicolaus raised Under Armour from a “hold” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $17.00 in a research report on Friday, December 15th. UBS Group raised Under Armour to a “neutral” rating in a research report on Tuesday, November 7th. Finally, Macquarie lowered Under Armour from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $10.00 to $8.00 in a research report on Tuesday, January 16th. Nineteen analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $14.71.

Under Armour (NYSE:UAA) traded up $0.04 during mid-day trading on Thursday, reaching $17.80. 1,714,053 shares of the company’s stock traded hands, compared to its average volume of 7,822,778. Under Armour has a fifty-two week low of $11.40 and a fifty-two week high of $23.46. The company has a quick ratio of 1.16, a current ratio of 2.20 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $7,440.00, a price-to-earnings ratio of -162.23, a P/E/G ratio of 5.39 and a beta of -0.04.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Zeke Capital Advisors LLC bought a new stake in shares of Under Armour in the 4th quarter valued at approximately $389,000. Meadow Creek Investment Management LLC increased its holdings in shares of Under Armour by 31.5% in the 4th quarter. Meadow Creek Investment Management LLC now owns 38,332 shares of the company’s stock valued at $553,000 after acquiring an additional 9,184 shares during the last quarter. Cornerstone Capital Management Holdings LLC. increased its holdings in shares of Under Armour by 12.9% in the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 34,807 shares of the company’s stock valued at $501,000 after acquiring an additional 3,986 shares during the last quarter. Tyers Asset Management LLC increased its holdings in shares of Under Armour by 31.5% in the 4th quarter. Tyers Asset Management LLC now owns 21,904 shares of the company’s stock valued at $316,000 after acquiring an additional 5,248 shares during the last quarter. Finally, Teachers Advisors LLC grew its stake in Under Armour by 13.0% during the 4th quarter. Teachers Advisors LLC now owns 270,236 shares of the company’s stock worth $3,900,000 after buying an additional 31,063 shares during the last quarter. Institutional investors and hedge funds own 31.93% of the company’s stock.

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About Under Armour

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.

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

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