Under Armour Inc - Class A

NYSE: UAA
Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector MANUFACTURING
Industry APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL
Address 1020 HULL STREET, 3RD FLOOR, BALTIMORE, MD, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 3,786.95M USD
Shares Outstanding 188,802,000
Under Armour Inc is a global leader in performance apparel, footwear, and accessories, catering to men, women, and youth. Known for its innovative products, the company offers a variety of gear designed for sports and fitness activities, including running, basketball, and outdoor adventures. Under Armour's products are available through a mix of retail stores, online platforms, and wholesale channels. With a strong emphasis on technology and design, the brand is synonymous with quality and resilience, empowering athletes around the world to achieve their best.
Independent research firm Argus has upgraded Under Armour to Buy from Hold, and it assigned a $20 price target.
Thursday's top analyst upgrades and downgrades included Beyond Meat, Home Depot, KeyCorp, Lowe's, Nike, Nvidia, Palo Alto Networks, PG&E, Salesforce.com and Under Armour.
Monday's top analyst upgrades and downgrades included AbbVie, Alibaba, Archer Daniels Midland, Best Buy, Intel, Nikola, Peloton Interactive, SAP, Under Armour and Wynn Resorts.
Under Armour shares popped after it released better than expected third-quarter financial results and an asset sale before the markets opened on Tuesday.
This week will be perhaps the biggest week of earnings season, with many major names reporting, including Amazon, Facebook, Ford and Starbucks.
Friday's top analyst upgrades and downgrades included Citrix Systems, CRISPR Therapeutics, Dunkin' Brands, Fastly, Intel, Mattel, PulteGroup, Sirius XM, Southwest Airlines Tesla and Under Armour.
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Under Armour stock was crushed on Monday, despite receiving a relatively positive analyst upgrade.
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Tuesday's top analyst upgrades and downgrades included Apple, CenterPoint Energy, Chevron, Datadog, Home Depot, Novavax and Under Armour.
Under Armour had previously announced layoffs and cost controls, but first-quarter earnings were disappointing nonetheless.
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