Under Armour (NYSE:UAA) Updates FY 2027 Earnings Guidance

Under Armour (NYSE:UAA) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.080-0.120 for the period, compared to the consensus earnings per share estimate of 0.230. The company issued revenue guidance of -, compared to the consensus revenue estimate of $5.0 billion.

Under Armour Price Performance

NYSE:UAA opened at $6.07 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.43. The stock’s 50-day simple moving average is $6.29 and its 200 day simple moving average is $5.73. The company has a market cap of $2.58 billion, a P/E ratio of -4.97, a P/E/G ratio of 2.55 and a beta of 1.73. Under Armour has a 52-week low of $4.13 and a 52-week high of $8.15.

Under Armour (NYSE:UAA) last released its earnings results on Friday, February 6th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.11. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.Under Armour’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.08 earnings per share. As a group, sell-side analysts forecast that Under Armour will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on UAA shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research report on Friday, April 24th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $7.00 target price (up from $5.50) on shares of Under Armour in a research report on Monday, February 9th. Argus raised Under Armour to a “hold” rating in a research report on Friday, January 16th. UBS Group reissued a “buy” rating and set a $11.00 price target on shares of Under Armour in a research report on Monday, February 9th. Finally, Zacks Research raised Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $6.91.

Hedge Funds Weigh In On Under Armour

A number of institutional investors have recently bought and sold shares of the business. Blair William & Co. IL boosted its holdings in shares of Under Armour by 40.0% during the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after acquiring an additional 1,476 shares during the period. Vident Advisory LLC boosted its holdings in shares of Under Armour by 13.6% during the fourth quarter. Vident Advisory LLC now owns 12,651 shares of the company’s stock worth $63,000 after acquiring an additional 1,512 shares during the period. HUB Investment Partners LLC boosted its holdings in shares of Under Armour by 12.9% during the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock worth $149,000 after acquiring an additional 2,489 shares during the period. M&T Bank Corp boosted its holdings in shares of Under Armour by 23.2% during the second quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock worth $91,000 after acquiring an additional 2,504 shares during the period. Finally, Nuveen LLC boosted its holdings in shares of Under Armour by 1.1% during the fourth quarter. Nuveen LLC now owns 241,677 shares of the company’s stock worth $1,201,000 after acquiring an additional 2,541 shares during the period. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.