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

Under Armour (NYSE:UA) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.080-0.120 for the period, compared to the consensus earnings per share estimate of 0.240. The company issued revenue guidance of -, compared to the consensus revenue estimate of $5.0 billion.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Zacks Research raised Under Armour to a “hold” rating in a research report on Wednesday, March 11th. Citigroup lowered Under Armour from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research report on Friday. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Under Armour has a consensus rating of “Sell”.

Under Armour Stock Down 5.8%

Shares of UA stock opened at $5.89 on Tuesday. Under Armour has a 1-year low of $3.95 and a 1-year high of $7.91. The stock’s fifty day moving average price is $6.12 and its 200 day moving average price is $5.55. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 0.92. The company has a market cap of $2.51 billion, a price-to-earnings ratio of -4.83 and a beta of 1.65.

Under Armour (NYSE:UA) last announced its earnings results on Friday, February 6th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.11. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.16 billion. On average, research analysts expect that Under Armour will post 0.12 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Occudo Quantitative Strategies LP purchased a new position in Under Armour during the 4th quarter worth $579,000. Kestra Private Wealth Services LLC grew its stake in Under Armour by 192.6% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 75,584 shares of the company’s stock worth $365,000 after buying an additional 49,750 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in Under Armour during the 4th quarter worth $253,000. Osaic Holdings Inc. grew its stake in Under Armour by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 35,932 shares of the company’s stock worth $233,000 after buying an additional 2,295 shares during the last quarter. Finally, Verition Fund Management LLC grew its stake in Under Armour by 39.9% during the 3rd quarter. Verition Fund Management LLC now owns 32,763 shares of the company’s stock worth $158,000 after buying an additional 9,338 shares during the last quarter. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

About Under Armour

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.