In the last three months, 11 analysts have published ratings on Under Armour UAA, offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 1 | 8 | 2 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 1 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 1 | 6 | 1 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $6.91, a high estimate of $10.00, and a low estimate of $4.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 15.53%.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of Under Armour by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Cristina Fernandez | Telsey Advisory Group | Maintains | Market Perform | $7.00 | $7.00 |
Cristina Fernandez | Telsey Advisory Group | Maintains | Market Perform | $7.00 | $7.00 |
Kimberly Greenberger | Morgan Stanley | Lowers | Underweight | $4.00 | $8.00 |
Adrienne Yih | Barclays | Lowers | Equal-Weight | $6.00 | $9.00 |
Simeon Siegel | BMO Capital | Lowers | Outperform | $10.00 | $12.00 |
Will Gaertner | Wells Fargo | Lowers | Equal-Weight | $6.00 | $7.00 |
Michael Binetti | Evercore ISI Group | Lowers | Underperform | $6.00 | $7.00 |
Joseph Civello | Truist Securities | Lowers | Hold | $7.00 | $8.00 |
Cristina Fernandez | Telsey Advisory Group | Lowers | Market Perform | $7.00 | $8.00 |
Lorraine Hutchinson | B of A Securities | Lowers | Neutral | $8.00 | $9.00 |
Cristina Fernandez | Telsey Advisory Group | Maintains | Market Perform | $8.00 | $8.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Under Armour. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Under Armour compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Under Armour's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Under Armour's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Under Armour analyst ratings.
All You Need to Know About Under Armour
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and other regions. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.
Financial Milestones: Under Armour's Journey
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Under Armour's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -4.75%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Under Armour's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -0.02%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Under Armour's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -0.01%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Under Armour's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.01% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.67, Under Armour adopts a prudent financial strategy, indicating a balanced approach to debt management.
How Are Analyst Ratings Determined?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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