Under Armour (NYSE:UAA – Get Free Report) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.080-0.120 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of -, compared to the consensus revenue estimate of $5.0 billion.
Under Armour Stock Down 5.7%
Shares of UAA opened at $6.07 on Tuesday. Under Armour has a 52 week low of $4.13 and a 52 week high of $8.15. 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 firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of -4.97, a PEG ratio of 2.55 and a beta of 1.73. The business’s fifty day moving average price is $6.29 and its two-hundred day moving average price is $5.73.
Under Armour (NYSE:UAA – Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.09 earnings per share (EPS) 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 business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company earned $0.08 EPS. The firm’s revenue was down 5.2% on a year-over-year basis. On average, analysts predict that Under Armour will post 0.12 earnings per share for the current year.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on Under Armour
Institutional Trading of Under Armour
A number of institutional investors have recently modified their holdings of UAA. Royal Bank of Canada lifted its holdings in shares of Under Armour by 5.3% in the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock valued at $7,242,000 after purchasing an additional 58,701 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Under Armour by 33.1% in the first quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company’s stock valued at $2,055,000 after purchasing an additional 81,732 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Under Armour in the first quarter valued at about $83,000. Creative Planning lifted its holdings in shares of Under Armour by 70.8% in the second quarter. Creative Planning now owns 30,457 shares of the company’s stock valued at $208,000 after purchasing an additional 12,620 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in shares of Under Armour by 27.0% in the second quarter. Prudential Financial Inc. now owns 22,191 shares of the company’s stock valued at $152,000 after purchasing an additional 4,718 shares in the last quarter. 34.58% of the stock is currently owned by institutional investors.
About Under Armour
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.
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