In today’s session Under Armour Inc (UA) registered an unusually high (4,506) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious UA increase. With 4,506 contracts traded and 1494 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: UA170421C00045000 closed last at: $1.8 or 7.7% down. About 1.63M shares traded hands. Under Armour Inc (NYSE:UA) has declined 9.03% since March 1, 2016 and is downtrending. It has underperformed by 18.27% the S&P500.
Analysts await Under Armour Inc (NYSE:UA) to report earnings on October, 27. They expect $0.25 EPS, up 8.70% or $0.02 from last year’s $0.23 per share. UA’s profit will be $102.27M for 38.38 P/E if the $0.25 EPS becomes a reality. After $0.01 actual EPS reported by Under Armour Inc for the previous quarter, Wall Street now forecasts 2,400.00% EPS growth.
Under Armour Inc (NYSE:UA) Ratings Coverage
Out of 25 analysts covering Under Armour (NYSE:UA), 13 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 52% are positive. $131 is the highest target while $35 is the lowest. The $79.40 average target is 106.88% above today’s ($38.38) stock price. Under Armour has been the topic of 51 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Nomura initiated the stock with “Neutral” rating in Tuesday, September 13 report. The firm has “Hold” rating given on Wednesday, May 4 by Brean Capital. The firm has “Neutral” rating given on Wednesday, October 14 by Piper Jaffray. Argus Research upgraded the stock to “Buy” rating in Friday, July 31 report. The stock of Under Armour Inc (NYSE:UA) has “Hold” rating given on Wednesday, June 1 by Jefferies. The firm earned “Underweight” rating on Monday, January 11 by Morgan Stanley. The rating was maintained by Goldman Sachs with “Meu” on Wednesday, May 4. Argus Research downgraded the shares of UA in a report on Wednesday, August 31 to “Hold” rating. The company was maintained on Wednesday, August 12 by Piper Jaffray. FBR Capital maintained the stock with “Outperform” rating in Thursday, September 17 report.
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 has a market cap of $15.70 billion. The Company’s divisions include North America, consisting of the United States and Canada; Europe, the Middle East and Africa ; Asia-Pacific; Latin America, and Connected Fitness. It has a 38.8 P/E ratio. The Company’s apparel is offered in various styles and fits to improve comfort and mobility, regulate body temperature and improve performance regardless of weather conditions.
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