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 1.31 million 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 $102.22 million for 38.47 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 106.39% above today’s ($38.47) stock price. Under Armour has been the topic of 51 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by FBR Capital on Thursday, September 17. The firm has “Hold” rating given on Friday, August 7 by Vetr. The company was maintained on Wednesday, June 1 by Goldman Sachs. The company was maintained on Wednesday, June 1 by Credit Suisse. The company was initiated on Wednesday, August 12 by Atlantic Securities. The rating was initiated by Nomura with “Neutral” on Tuesday, September 13. Argus Research upgraded the shares of UA in a report on Friday, July 31 to “Buy” rating. The rating was maintained by Deutsche Bank on Tuesday, January 26 with “Buy”. The rating was upgraded by Buckingham Research to “Buy” on Monday, June 20. Mizuho initiated the shares of UA in a report on Friday, December 18 with “Buy” rating.
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 $15.73 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 38.89 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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