Analysts' ratings for Under Armour UAA over the last quarter vary from bullish to bearish, as provided by 14 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 11 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 1 | 0 |
| 2M Ago | 2 | 0 | 8 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $10.14, a high estimate of $16.00, and a low estimate of $4.00. Witnessing a positive shift, the current average has risen by 16.42% from the previous average price target of $8.71.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Under Armour's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Adrienne Yih | Barclays | Lowers | Equal-Weight | $11.00 | $12.00 |
| Alex Straton | Morgan Stanley | Maintains | Underweight | $4.00 | $4.00 |
| John Kernan | TD Cowen | Raises | Hold | $11.00 | $10.00 |
| Cristina Fernandez | Telsey Advisory Group | Maintains | Market Perform | $10.00 | $10.00 |
| Adrienne Yih | Barclays | Raises | Equal-Weight | $12.00 | $8.00 |
| Jay Sole | UBS | Raises | Buy | $16.00 | $12.00 |
| John Kernan | TD Cowen | Raises | Hold | $10.00 | $8.00 |
| Will Gaertner | Wells Fargo | Raises | Equal-Weight | $11.00 | $8.00 |
| Joseph Civello | Truist Securities | Raises | Hold | $11.00 | $8.00 |
| Jonathan Komp | Baird | Raises | Neutral | $10.00 | $8.00 |
| Cristina Fernandez | Telsey Advisory Group | Maintains | Market Perform | $8.00 | $8.00 |
| John Kernan | TD Cowen | Raises | Hold | $8.00 | $7.00 |
| Cristina Fernandez | Telsey Advisory Group | Maintains | Market Perform | $8.00 | $8.00 |
| Jay Sole | UBS | Raises | Buy | $12.00 | $11.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Under Armour. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Under Armour compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Under Armour's stock. This analysis reveals shifts 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.
Get to Know Under Armour Better
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and elsewhere. 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 and is led by controlling shareholder Kevin Plank.
A Deep Dive into Under Armour's Financials
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Under Armour's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -10.7% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.18%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Under Armour's ROE stands out, surpassing industry averages. With an impressive ROE of 8.96%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Under Armour's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.64% 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?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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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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