Under Armour, Inc. (NYSE:UA) registered a -23.40% decrease, still its new closing price is -21.55% up from the company’s 1 year high of 47.95.It posted -23.49% losses in previous 5 sessions and is now the subject of 17 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 10 buy or better ratings. The 35 stock analysts following this company have an average price target at $26.00, with individual PT in the $22.00-$30.00 range. The shares moved at $19.22, implying that brokerage firms see shares losing about -54.85% in twelve months time.
Under Armour, Inc. (UA) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -23.64% fall year to date. A Chief Information Officer at Under Armour, Inc. (UA) offloaded shares in a transaction closed on Thursday August 25, 2016. Fipps Paul sold 1,993 shares in the company at $38.2 each and collected $76,000 in proceeds. Fipps Paul now owns 56,732 shares in the company after this transaction. A Chief Information Officer in the company, Fipps Paul, disclosed a transaction on Thursday August 25, 2016 that ended up generating $83,000 from the sale of 1,980 shares at $42.16 per share.
Under Armour, Inc. (NYSE:UA) Upcoming Results on Tap
Under Armour, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.03 in that period. Sales during the quarter are predicted to arrive at $1.29 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.47 billion in revenue and EPS of $0.29. The mean forecast was for $1.45 billion and $0.25 a share, respectively. One quarter earlier, revenue for the stock was at $1 billion, with earnings at $0.04/share.
Under Armour, Inc. (UA) Brokerage Update
Under Armour, Inc. (UA) is in Deutsche Bank’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Deutsche Bank, according to news reported on Wednesday October 26, 2016.Another important research note was issued by Telsey Advisory Group on Wednesday October 26, 2016.The firm downgraded UA to Market Perform from Outperform. Over the last six months and over the last three months, the shares of Under Armour, Inc. (UA), have changed -51.27% and -37.88%, respectively.