Close

Piper Jaffray Recommends Buying Under Armour (UA) on This Morning's Weakness

Go back to Piper Jaffray Recommends Buying Under Armour (UA) on This Morning's Weakness

FBR Capital Sees Under Armour (UA) Sell-Off as Buying Opportunity

October 25, 2016 3:05 PM EDT

FBR Capital analyst Susan Anderson reiterated an Outperform rating and $39 price target on Under Armour, Inc. (NYSE: UA) following Q3 results and the sell-off in the stock. The analyst said the lowered profit guidance provides a buying opportunity.

Anderson commented, "UA posted 3Q16 EPS of $0.29, above FBR/consensus of $0.26/$0.25, driven by +22% top-line growth, vs. FBR/consensus of... More

Under Armour (UA) Offers Q4, Medium-Term Guidance

October 25, 2016 8:26 AM EDT

Under Armour (NYSE: UA) sees Q4 revenue up about 20 percent, gross margin relatively unchanged, and operating income in the range of $186 - $191 million. Revenue is expected to be up 20 percent, versus consensus expectations of 22 percent growth.

The company is targeting revenue growth... More

Under Armour (UA) Tops Q3 EPS by 4c; Reaffirms FY16 Outlook

October 25, 2016 7:01 AM EDT

Under Armour (NYSE: UA) reported Q3 EPS of $0.29, $0.04 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.46 billion.

Gross margin for the third quarter of 2016 was 47.5% compared with 48.8% in the prior year's period,... More