Press coverage about Under Armour (NYSE:UAA) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Under Armour earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.3774655549004 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Could Under Armour Have Its Fundamentals On Track In Less Than A Year? – Benzinga (benzinga.com)
- Under Armour, Inc. (UAA) PT Maintained at $17 at Baird; ‘Potential for Fundamental Improvement by 2H18/2019’ – StreetInsider.com (streetinsider.com)
- Under Armour (UAA) Names David Bergman CFO (streetinsider.com)
- 3 Stocks to Watch on Tuesday: Advance Auto Parts, Inc. (AAP), Coupa Software Inc (COUP) and Under Armour Inc (UAA) (investorplace.com)
UAA has been the subject of several recent analyst reports. Vetr cut shares of Under Armour from a “sell” rating to a “strong sell” rating and set a $16.68 price objective for the company. in a research report on Wednesday, August 9th. Wedbush reiterated a “neutral” rating and set a $17.00 price objective (down from $18.00) on shares of Under Armour in a research report on Tuesday, August 8th. Sanford C. Bernstein started coverage on shares of Under Armour in a research report on Tuesday, September 12th. They set an “underperform” rating and a $14.00 price objective for the company. Canaccord Genuity reissued a “hold” rating and set a $15.00 target price (down from $18.00) on shares of Under Armour in a research note on Thursday, October 12th. Finally, Wells Fargo & Company lowered shares of Under Armour from a “market perform” rating to an “underperform” rating and cut their target price for the stock from $17.00 to $13.00 in a research note on Tuesday, September 19th. Eighteen analysts have rated the stock with a sell rating, twenty have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $16.92.
Under Armour (NYSE UAA) traded down $0.12 on Wednesday, hitting $12.89. 3,374,853 shares of the company were exchanged, compared to its average volume of 5,542,928. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.23 and a quick ratio of 1.16. Under Armour has a one year low of $11.40 and a one year high of $33.45. The company has a market capitalization of $5,896.65, a price-to-earnings ratio of 32.56, a P/E/G ratio of 3.95 and a beta of -0.13.
Under Armour (NYSE:UAA) last released its quarterly earnings results on Tuesday, October 31st. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Under Armour had a net margin of 2.94% and a return on equity of 9.32%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.49 billion. The firm’s revenue was down 4.5% compared to the same quarter last year. analysts predict that Under Armour will post 0.2 earnings per share for the current year.
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.
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