Under Armour (NYSE:UAA) updated its FY19 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.33-0.34 for the period, compared to the Thomson Reuters consensus estimate of $0.34. The company issued revenue guidance of $5.3 billion, compared to the consensus revenue estimate of $5.35 billion.
Several equities research analysts have issued reports on the stock. Credit Suisse Group reiterated a neutral rating and set a $25.00 price objective on shares of Under Armour in a research note on Thursday, October 31st. ValuEngine upgraded shares of Under Armour from a sell rating to a hold rating in a research note on Wednesday, October 30th. Sanford C. Bernstein upgraded shares of Under Armour from an underperform rating to a market perform rating and boosted their price objective for the stock from $16.00 to $17.00 in a research note on Tuesday, September 3rd. Susquehanna Bancshares decreased their price objective on shares of Under Armour from $16.00 to $14.00 and set a negative rating for the company in a research note on Friday, October 18th. Finally, Wedbush decreased their price objective on shares of Under Armour from $23.00 to $20.00 and set a neutral rating for the company in a research note on Tuesday. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company’s stock. Under Armour presently has an average rating of Hold and a consensus target price of $22.06.
Shares of UAA stock opened at $18.17 on Thursday. The company has a market capitalization of $7.73 billion, a PE ratio of 67.30, a price-to-earnings-growth ratio of 1.81 and a beta of 0.61. The firm has a fifty day simple moving average of $19.97 and a 200-day simple moving average of $22.35. The company has a current ratio of 2.05, a quick ratio of 1.11 and a debt-to-equity ratio of 0.55. Under Armour has a twelve month low of $16.52 and a twelve month high of $27.72.
Under Armour (NYSE:UAA) last announced its earnings results on Monday, November 4th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. Under Armour had a net margin of 2.14% and a return on equity of 7.24%. The business’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.25 earnings per share. Equities research analysts predict that Under Armour will post 0.34 EPS for the current year.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.
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