Under Armour (UAA) Getting Somewhat Favorable Media Coverage, Study Shows

Headlines about Under Armour (NYSE:UAA) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Under Armour earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.6397957626075 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media stories that may have effected Accern’s rankings:

A number of equities analysts have issued reports on UAA shares. Stifel Nicolaus upgraded shares of Under Armour from a “hold” rating to a “buy” rating and lifted their target price for the stock from $12.00 to $17.00 in a research report on Friday, December 15th. ValuEngine cut shares of Under Armour from a “hold” rating to a “sell” rating in a research report on Tuesday, March 13th. Vetr cut shares of Under Armour from a “strong-buy” rating to a “buy” rating and set a $17.98 target price for the company. in a research report on Wednesday, February 14th. Credit Suisse Group started coverage on shares of Under Armour in a research report on Monday, March 12th. They set a “neutral” rating and a $18.00 target price for the company. Finally, DA Davidson lifted their target price on shares of Under Armour from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 14th. Eighteen research analysts have rated the stock with a sell rating, sixteen have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Under Armour presently has a consensus rating of “Hold” and an average target price of $14.92.

UAA stock traded up $0.29 during trading on Friday, reaching $16.19. 6,282,609 shares of the company were exchanged, compared to its average volume of 6,138,867. Under Armour has a 52-week low of $11.40 and a 52-week high of $23.46. The stock has a market capitalization of $7,158.75, a P/E ratio of -134.91, a price-to-earnings-growth ratio of 4.19 and a beta of -0.23. The company has a current ratio of 2.20, a quick ratio of 1.11 and a debt-to-equity ratio of 0.38.

In related news, insider Kerry D. Chandler sold 2,534 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $16.79, for a total value of $42,545.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 16.40% of the stock is currently owned by insiders.

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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.

Insider Buying and Selling by Quarter for Under Armour (NYSE:UAA)

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