Under Armour (NYSE:UAA) Updates FY25 Earnings Guidance

Under Armour (NYSE:UAA) updated its FY25 earnings guidance on Monday. The company provided earnings per share guidance of $0.19-0.22 for the period, compared to the consensus earnings per share estimate of $0.22.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UAA. Wedbush lifted their price target on Under Armour from $8.00 to $8.50 and gave the company an outperform rating in a research note on Friday, August 9th. Morgan Stanley lowered shares of Under Armour from an equal weight rating to an underweight rating and decreased their price target for the company from $8.00 to $4.00 in a report on Tuesday, July 23rd. Stifel Nicolaus increased their price objective on shares of Under Armour from $9.00 to $10.00 and gave the company a buy rating in a research note on Friday, August 9th. Oppenheimer cut shares of Under Armour from an outperform rating to a market perform rating in a research note on Thursday, May 23rd. Finally, Telsey Advisory Group reissued a market perform rating and set a $7.00 price objective on shares of Under Armour in a report on Monday, August 5th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of Hold and an average target price of $7.50.

Under Armour Stock Down 4.2 %

Shares of UAA stock traded down $0.33 during trading hours on Monday, reaching $7.46. The company had a trading volume of 13,227,562 shares, compared to its average volume of 9,350,255. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 13.81, a price-to-earnings-growth ratio of 3.57 and a beta of 1.65. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.73 and a quick ratio of 1.08. Under Armour has a 12 month low of $6.17 and a 12 month high of $9.50. The business has a fifty day simple moving average of $7.30 and a 200-day simple moving average of $7.20.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.09. Under Armour had a negative net margin of 1.35% and a positive return on equity of 11.98%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the previous year, the firm earned $0.02 EPS. The business’s revenue for the quarter was down 10.1% compared to the same quarter last year. On average, research analysts expect that Under Armour will post 0.22 earnings per share for the current fiscal year.

Under Armour announced that its Board of Directors has initiated a share buyback program on Thursday, May 16th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 16.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.