Under Armour (NYSE:UA) Releases FY 2021 Earnings Guidance

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Under Armour (NYSE:UA) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.280-0.300 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.140. The company issued revenue guidance of -.

Shares of UA stock traded down $0.16 on Tuesday, hitting $19.72. 3,417,657 shares of the stock traded hands, compared to its average volume of 3,827,169. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.32. Under Armour has a 52 week low of $6.37 and a 52 week high of $20.32. The firm has a 50 day simple moving average of $18.92 and a two-hundred day simple moving average of $16.38. The firm has a market cap of $8.97 billion, a price-to-earnings ratio of -12.02 and a beta of 1.32.

Under Armour (NYSE:UA) last issued its quarterly earnings results on Tuesday, February 9th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.17. Under Armour had a negative return on equity of 7.96% and a negative net margin of 16.60%. The business had revenue of $1.40 billion during the quarter.

Separately, Pivotal Research boosted their price target on Under Armour from $26.00 to $29.00 and gave the stock a buy rating in a report on Thursday, April 29th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $19.33.

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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