Under Armour (UAA) Receives Media Impact Score of -0.01

Headlines about Under Armour (NYSE:UAA) have been trending somewhat negative this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Under Armour earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.3492215481992 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

• Under Armour CEO Kevin Plank steps down from Trump’s manufacturing council (Video) (bizjournals.com)
• Trump calls Plank and other CEOs leaving his manufacturing board ‘grandstanders’ (finance.yahoo.com)
• Under Armour Falls Amid Sporting Goods Price War (finance.yahoo.com)
• Under Armour Inc (UAA) Stock Remains a Terrible Investment – Investorplace.com (investorplace.com)
• Head-To-Head Survey: Under Armour (UAA) vs. Gildan Activewear (GIL) (americanbankingnews.com)

A number of analysts have recently commented on UAA shares. Vetr upgraded shares of Under Armour from a “hold” rating to a “buy” rating and set a $22.36 price target for the company in a research note on Monday, July 10th. Credit Suisse Group reiterated an “underperform” rating and issued a $17.00 price target on shares of Under Armour in a research note on Monday, April 24th. Zacks Investment Research upgraded shares of Under Armour from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Tuesday, July 4th. OTR Global reiterated a “negative” rating on shares of Under Armour in a research note on Tuesday, July 18th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $28.00 price target on shares of Under Armour in a research note on Friday, May 19th. Twelve analysts have rated the stock with a sell rating, twenty-three have given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $23.29.

Under Armour (NYSE:UAA) traded down 0.22% during midday trading on Wednesday, reaching $18.18. 3,540,899 shares of the company were exchanged. The stock has a market capitalization of $8.02 billion, a P/E ratio of 36.80 and a beta of -0.07. The firm’s 50 day moving average price is $19.88 and its 200-day moving average price is $20.31. Under Armour has a 52 week low of $17.90 and a 52 week high of $43.85. Under Armour also was the target of some unusual options trading on Tuesday. Stock investors acquired 10,124 put options on the company. This represents an increase of approximately 145% compared to the average volume of 4,129 put options.

Under Armour (NYSE:UAA) last issued its quarterly earnings results on Tuesday, August 1st. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.03. Under Armour had a return on equity of 10.93% and a net margin of 4.38%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. Equities analysts forecast that Under Armour will post $0.38 EPS for the current fiscal year.

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Under Armour Company Profile

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.