Under Armour (UAA) Expected to Post Quarterly Earnings on Friday

Under Armour (NYSE:UAA) is anticipated to post its results before the market opens on Friday, November 6th. Analysts expect the company to announce earnings of ($0.0074) per share and revenue of $1.23 billion for the quarter. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the business posted $0.02 EPS. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, analysts expect Under Armour to post $0.10 EPS for the current fiscal year and $0.17 EPS for the next fiscal year.

Under Armour Price Performance

Under Armour stock opened at $5.32 on Wednesday. Under Armour has a 52 week low of $4.13 and a 52 week high of $8.15. The company’s 50 day moving average price is $4.86 and its two-hundred day moving average price is $5.93. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The stock has a market cap of $2.28 billion, a P/E ratio of 34.93, a P/E/G ratio of 1.97 and a beta of 1.58.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on UAA. Morgan Stanley set a $4.00 price target on Under Armour and gave the company an “equal weight” rating in a research report on Thursday, September 10th. Weiss Ratings raised Under Armour from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Truist Financial upped their price objective on Under Armour from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Monday, August 10th. UBS Group restated a “buy” rating and issued a $8.00 price objective (down from $9.00) on shares of Under Armour in a research note on Wednesday, October 28th. Finally, Barclays lowered Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 target price for the company. in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $5.69.

Insider Activity

In other Under Armour news, CFO Reza Taleghani purchased 18,656 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $5.37 per share, for a total transaction of $100,182.72. Following the purchase, the chief financial officer owned 87,621 shares of the company’s stock, valued at $470,524.77. This represents a 27.05% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 15.70% of the stock is currently owned by company insiders.

About Under Armour

Under Armour, Inc develops, markets and distributes performance apparel, footwear and accessories under the Under Armour brand. Its products are designed for athletes and active consumers and include training and competition apparel, sports bras, outerwear, athletic shoes, bags, headwear and other accessories. The company’s product technologies include fabric and footwear platforms such as HeatGear, ColdGear, HOVR and UA Flow.

Under Armour sells its products through wholesale distributors and retailers, as well as through its own brand and factory stores and digital commerce platforms.