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 1.47M 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 38.33 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 107.09% above today’s ($38.34) stock price. Under Armour has been the topic of 51 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Argus Research given on Friday, July 31. The rating was maintained by Jefferies with “Hold” on Wednesday, June 1. KeyBanc Capital Markets upgraded the shares of UA in a report on Friday, July 24 to “Sector Weight” rating. The firm has “Neutral” rating given on Monday, November 30 by Piper Jaffray. As per Friday, June 3, the company rating was maintained by DA Davidson. Telsey Advisory Group maintained Under Armour Inc (NYSE:UA) on Wednesday, June 1 with “Outperform” rating. The rating was downgraded by BB&T Capital to “Hold” on Friday, October 23. Piper Jaffray maintained the shares of UA in a report on Wednesday, August 12 with “Buy” rating. FBR Capital maintained the shares of UA in a report on Thursday, September 17 with “Outperform” rating. The rating was downgraded by Argus Research on Wednesday, August 31 to “Hold”.
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 $15.68 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 38.76 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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