Under Armour (NYSE:UAA) Issues FY25 Earnings Guidance

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

Under Armour Stock Down 4.2 %

UAA traded down $0.33 during trading on Monday, hitting $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 debt-to-equity ratio of 0.33, a current ratio of 1.73 and a quick ratio of 1.08. The company has a market cap of $3.26 billion, a PE ratio of 13.81, a P/E/G ratio of 3.57 and a beta of 1.65. Under Armour has a 1-year low of $6.17 and a 1-year high of $9.50. The business has a 50-day moving average of $7.30 and a 200-day moving average of $7.20.

Under Armour (NYSE:UAA) last issued its earnings results on Thursday, August 8th. The company reported $0.01 earnings per share 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 during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the firm posted $0.02 earnings per share. The firm’s revenue for the quarter was down 10.1% compared to the same quarter last year. As a group, analysts forecast that Under Armour will post 0.22 earnings per share for the current year.

Under Armour declared that its board has initiated a stock buyback program on Thursday, May 16th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 16.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of analysts have recently weighed in on UAA shares. Wells Fargo & Company lowered their target price on Under Armour from $7.00 to $6.00 and set an equal weight rating for the company in a research note on Friday, May 17th. JPMorgan Chase & Co. downgraded shares of Under Armour from a neutral rating to an underweight rating and cut their target price for the company from $8.00 to $6.00 in a research note on Thursday, May 16th. Telsey Advisory Group reissued a market perform rating and set a $7.00 target price on shares of Under Armour in a report on Monday, August 5th. Stifel Nicolaus boosted their target price on shares of Under Armour from $9.00 to $10.00 and gave the company a buy rating in a research report on Friday, August 9th. Finally, Oppenheimer cut shares of Under Armour from an outperform rating to a market perform rating in a research report on Thursday, May 23rd. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Under Armour currently has an average rating of Hold and a consensus target price of $7.50.

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.