Under Armour's Frequent Executive Changes Is Making Investors Anxious, Says Analyst
Under Armour's Frequent Executive Changes Is Making Investors Anxious, Says Analyst
BMO Capital Markets analyst Simeon Siegel reiterated an Outperform rating on the shares of Under Armour Inc (NYSE:UA) (NYSE:UAA) with a price target of $12.00.
BMO資本市場分析師西蒙·西格爾重申了安德瑪公司（紐約證券交易所代碼：UA）（紐約證券交易所代碼：UA）股票的跑贏大盤評級，目標股價爲12.00美元。
Yesterday, Under Armour announced Kevin Plank's return as CEO, replacing Stephanie Linnartz (CEO since early 2023).
昨天，安德瑪宣佈凱文·普蘭克重返首席執行官一職，接替斯蒂芬妮·林納茨（自2023年初起擔任首席執行官）。
The analyst notes it was a Board-level decision and though they appreciated what Stephanie Linnartz put in place, including hires and efforts in launching UA Rewards, they sought change.
這位分析師指出，這是董事會層面的決定，儘管他們讚賞斯蒂芬妮·林納茨所採取的措施，包括招聘和推出UA Rewards的努力，但他們還是尋求變革。
Though the analyst expects Plank is excited to re-enter the role, it is to be recognized that with further C-Suite fluctuation, the burden of proof lies on management execution and results that show this is not repeating the recent past.
儘管分析師預計 Plank 對重新進入該職位感到興奮，但可以承認，隨着高管的進一步波動，舉證責任在於管理層的執行，結果表明這種情況不會重演。
Truist Securities analyst Joseph Civello reiterated a Hold rating on the shares of Under Armour with an unchanged price target of $8.00.
Truist Securities分析師約瑟夫·西維洛重申了安德瑪股票的持有評級，目標股價保持不變，爲8.00美元。
Plank founded Under Armour in 1996 and served as its CEO from 1996 until January 2020, when Patrik Frisk took the role, which he held through the end of 2022.
普蘭克於1996年創立安德瑪，並在1996年至2020年1月期間擔任其首席執行官，當時帕特里克·弗里斯克擔任該職務，一直擔任該職務至2022年底。
However, after assuming the CEO position in February 2023, Stephanie Linnartz began executing a new turnaround strategy, which included replacing most of the company's longtime executives.
但是，斯蒂芬妮·林納茨在2023年2月擔任首席執行官一職後，開始執行一項新的週轉戰略，其中包括更換公司的大多數長期高管。
While the analyst notes the company has been making progress in its turnaround, it would be a long process.
儘管分析師指出，該公司在轉型方面取得了進展，但這將是一個漫長的過程。
The analyst has been waiting for more concrete signs of brand elevation before getting more bullish.
這位分析師一直在等待更具體的品牌崛起跡象，然後才變得更加看漲。
The slump in the shares following the news likely reflects some investor concerns that the abrupt leadership change may further complicate the company's ongoing turnaround efforts, opined the analyst.
分析師認爲，消息傳出後股價暴跌可能反映了一些投資者的擔憂，即領導層的突然更迭可能會使公司正在進行的轉型工作進一步複雜化。
Also, Williams Trading analyst Sam Poser downgraded Under Armour from Buy to Hold with a $8 price target.
此外，威廉姆斯交易分析師山姆·波瑟將安德瑪的評級從買入下調至持有，目標股價爲8美元。
Telsey Advisory Group analyst Joseph Feldman reiterated Under Armour with a Market Perform and maintained $9 price target.
泰爾西諮詢集團分析師約瑟夫·費爾德曼重申安德瑪的市場表現並維持9美元的目標股價。
Exane BNP Paribas analyst Laurent Vasilescu downgraded Under Armour from Outperform to Neutral.
Exane BNP Paribas分析師洛朗·瓦西列斯庫將安德瑪的評級從跑贏大盤下調至中性。
Evercore ISI Group analyst Michael Binetti downgraded Under Armour from In-Line to Underperform and lowered the price target from $8 to $7.
Evercore ISI集團分析師邁克爾·比內蒂將安德瑪的評級從同比下調至表現不佳，並將目標股價從8美元下調至7美元。
Price Action: UAA shares are trading lower by 12.74% at $7.07 on the last check Thursday.
價格走勢：在週四的最後一次支票中，UAA股價下跌12.74％，至7.07美元。
Photo via Shutterstock
照片來自 Shutterstock
譯文內容由第三人軟體翻譯。