Under Armour, Inc. (NYSE:UAA) Analyst Estimates And Rating
Under Armour, Inc. (NYSE:UAA) stock is presently standing at about $19.05 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 30 analysts covering the company is $20.00, which suggests the stock could still rise over 5 percent. The highest analyst price target is $53.00, which implies a rally of -78 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 6 rate UAA a strong buy. There are 21 equity research firms advocating a Hold and 1 consider it Sell.
Susquehanna analysts provided their view on Under Armour, Inc. (NYSE:UAA) recently. The rating firm issued a Negative rating to this company in a research note released on Feb 15, 2017. Morgan Stanley analysts disclosed their opinion on Under Armour, Inc. (NYSE:UAA) recently. The rating firm gave a Equal-Weight rating to this stock in a research note published on Feb 14, 2017. According to a research note disclosed on Feb 15, 2017, analysts at Susquehanna have lowered their rating on these shares from Neutral to Negative.
Under Armour, Inc. (NYSE:UAA) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Chief Information Officer Fipps Paul sold 1,993 company shares for 76130, in a transaction on 2016-08-25. Following the transaction, the Chief Information Officer is left with a stake of 56,732 shares, currently valued at $1080745. Meanwhile, Chief Information Officer Fipps Paul sold 1,980 shares worth $83480, through a transaction dated 2016-08-25. Following the completion of the transaction, the insider is left with a stake of 12,801 shares, amounting $243859.05. UAA President of North America MIRCHIN MATTHEW C also sold 17,075 shares, at a stock price of $38.9. This transaction occurred on 2016-08-25 totals $664220. After this transaction, the insider’s stake stands at 29,117 shares, with a market value of $554679.
Executives hold 11.64 percent of the stock. Mr. J. Scott Plank is one of the biggest insider owners in Under Armour, Inc. (NYSE:UAA), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 2,463,848 shares which have current market value of around $46936304.4.Ryan S. Wood is another major inside shareholder in the company. The insider owns 1,126,942 shares as of 0.26%, currently worth $21468245.1. Harvey L. Sanders is ranked as third insider holder of the stock. This insider holds 235,426 shares with a market value around $4484865.3 as of recent close.
Under Armour, Inc. (NYSE:UAA) Earnings Outlook
In Under Armour, Inc. (NYSE:UAA)’s latest quarter, EPS moved to $0.23 from $0.29 in preceding quarter and revenues reached at $1,308.13M compared to $1,471.57M. Analysts had expected Under Armour, Inc. (NYSE:UAA) to post net income of about $0.25 per share on $1,408.62M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.06 to $0.02. That is compared with the $0.04 in EPS it reported during the same period a year ago.