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12-Month Median Price Target: $83.50
Implied Potential Return: 8.2%
Forward Annual Dividend Yield: N/A
Current Analyst Coverage Breakdown: Of the 25 analysts covering the shares, 10 have either strong buy (7) or buy (3) ratings vs. 13 holds, one underperform and one sell.
Commentary: Under Armour is slated to release its fiscal fourth-quarter results on Jan. 26, and Wall Street is expecting earnings of 63 cents a share in the December-ended period on revenue of $405.3 million.
The Baltimore-based maker of athletic apparel has seen its stock jump nearly 37% in the past year, pushing its forward price-to-earnings multiple to 33X. The lukewarm analyst sentiment on the company reflects concerns about valuation and slowing topline growth.
An in-line revenue performance from UnderArmour in the fourth quarter would be a sequential decline from the company's third-quarter total of $465.5 million, but it would still be an increase of 35% from its year-ago total of $301.2 million.
Check out TheStreet's quote page for Under Armour for year-to-date share performance, analyst ratings, earnings estimates and much more.