Analyst Revises Under Armour, Inc. (NYSE:UA) Stock Target


Under Armour, Inc. (NYSE:UA) mean price target has been set at $53.6200 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.2500 in the near-term quarter and $0.5800 for the ongoing fiscal. The market cap of Under Armour, Inc. Class A Comm was recorded at $34.47B after the stock closed at $39.4435 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Under Armour, Inc. (NYSE:UA) has a P/E ratio of 73.8642. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Under Armour, Inc. (NYSE:UA) PEG ratio sits at 2.4300. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Under Armour, Inc. Class A Comm visibly illustrates that the 50-day MA of Under Armour, Inc. Class A Comm is $37.7859, and stock is trading 1.6576 or +4.3868% distant from $37.7859. The 200-day MA is $39.7583, and this price is $-0.3148 or -0.7918% off from current level. Under Armour, Inc. (NYSE:UA) 52-week high is $52.9450 and the 52-week low is $31.6150. This represents that if the stock moves $-13.5015 points up on the chart to make a 52-week high. But, if it declines $+24.7620%, then the shares price can hit a new 52-week low.

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