Under Armour (NYSE:UA) has been rated by 21 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $60 and the lowest price target forecast is $32. The average forecast of all the analysts is $50.06 and the expected standard deviation is $7.31.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Credit Suisse, maintains their rating on the shares of Under Armour (NYSE:UA). Credit Suisse has a Neutral rating on the shares. As per the latest research report, the brokerage house lowers the price target to $35 per share from a prior target of $38. The rating by the firm was issued on June 1, 2016.
Under Armour (NYSE:UA): stock turned positive on Thursday. Though the stock opened at $38.01, the bulls momentum made the stock top out at $38.4 level for the day. The stock recorded a low of $37.64 and closed the trading day at $38.32, in the green by 1.67%. The total traded volume for the day was 3,234,208. The stock had closed at $37.69 in the previous days trading.
The company shares have dropped -11.47% from its 1 Year high price. On Sep 17, 2015, the shares registered one year high at $52.95 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $37.75 and the 200 Day Moving Average price is recorded at $39.98. On the companys insider trading activities,The (President of North America) of Under Armour, Inc., Mirchin Matthew C sold 26,377 shares at $46.43 on April 25, 2016. The Insider selling transaction had a total value worth of $1,224,684. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Under Armour, Inc. is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Companys moisture-wicking fabrications are engineered in a range of designs and styles for wear in nearly every climate to provide an alternative to traditional products. The Companys operating segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and MapMyFitness. The Company also offers digital fitness platform licenses and subscriptions, along with digital advertising through its MapMyFitness business. Its apparel offers three gearlines, including HEATGEAR, COLDGEAR and ALLSEASONGEAR. Its footwear offerings include football, baseball, lacrosse, softball and soccer cleats, slides and performance training, running, basketball and outdoor footwear. Its accessories primarily include the sale of headwear, bags and gloves.