Under Armour (UA) Gains Following Strong Q2 Results, Improved Outlook; Traders Eye NIKE (NKE) Following Results

Go back to Under Armour (UA) Gains Following Strong Q2 Results, Improved Outlook; Traders Eye NIKE (NKE) Following Results

Canaccord Genuity Raises Price Target to $105 Following Under Armour's (UA) 2Q EPS Beat

July 24, 2015 9:47 AM EDT

Canaccord Genuity reiterated a Buy rating on Under Armour, Inc. (NYSE: UA), and raised the price target to $105.00 (from $97.00), following 2Q15. UA reported an EPS beat of $0.07 vs $0.05 consensus.

Analyst Camilo Lyon commented, "UA's Q2 beat (7c EPS vs. 5c consensus) showcased another quarter of impressive top line momentum, with sales growth of 29% (31% ex-FX) handily beating our 24%... More

FBR Capital Raises Price Target on Under Armour (UA) Following 2Q15

July 24, 2015 8:39 AM EDT

FBR Capital reiterated an Outperform rating on Under Armour, Inc. (NYSE: UA), and raised the price target to $105.00 (from $92.00), following 2Q15 results. EPS of $0.07 beat consensus of $0.05.

Analyst Susan Anderson commented, "UA posted 2Q EPS of $0.07 versus FBR/consensus of $0.04/$0.05, supported by solid revenue growth of +29% (+31% constant currency), exceeding our estimates of +28% and consensus... More

Under Armour (UA) PT Raised to $113 at Piper Jaffray

July 24, 2015 7:29 AM EDT

Piper Jaffray analyst Erinn Murphy reiterated an Overweight rating and boosted his price target on Under Armour, Inc. (NYSE: UA) to $113.00 (from $93.00) following strong Q2 results.

Murphy commented, "We remain OW shares of UA and are raising our PT from $93 to $113 following the... More

KeyBanc Upgrades Under Armour, Inc. (UA) to Sector Weight

July 24, 2015 7:02 AM EDT

KeyBanc upgraded Under Armour, Inc. (NYSE: UA) from Underweight to Sector Weight.

Analyst Edward Yruma said, "UA is one of the best growth companies in our coverage, tactical execution continues to improve and we step to the sidelines. Ultimately, our UW rating was... More

Under Armour (UA) PT Lifted to $120 at Sterne Agee CRT; Brand is 'On Fire'

July 23, 2015 12:45 PM EDT

Sterne Agee CRT analyst Sam Poser reiterated his Buy rating and boosted his price target on Under Armour, Inc. (NYSE: UA) to $120.00 (from $95.00) following strong Q2 results, saying the brand "is on fire from the corner, on the green, and on the... More

Under Armour (UA) Tops Q2 EPS by 2c; Bumps FY15 Revenue Guidance

July 23, 2015 7:04 AM EDT

(Updated - July 23, 2015 8:43 AM EDT with analyst commentary)

Under Armour (NYSE: UA) reported Q2 EPS of $0.07, $0.02 better than the analyst estimate of $0.05. Revenue for the quarter came in at $784 million versus the consensus estimate of $762.15 million.

Under Armour sees FY2015 revenue of $3.84 billion, versus prior guidance of $3.78 billion and the consensus of $3.83 billion.

Kevin Plank, Chairman and CEO of Under Armour, Inc., stated, "More than ever before, this year has highlighted that the right investments are key to not only driving near-term results, but building the foundation for the... More