Under Armour (NYSE:UAA) Updates FY25 Earnings Guidance

Under Armour (NYSE:UAA) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.24-0.27 for the period, compared to the consensus earnings per share estimate of $0.22.

Analyst Ratings Changes

Several analysts have weighed in on the company. Wedbush raised their price target on Under Armour from $8.00 to $8.50 and gave the company an “outperform” rating in a report on Friday, August 9th. Barclays boosted their price target on shares of Under Armour from $6.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Friday, August 9th. Stifel Nicolaus lifted their price objective on shares of Under Armour from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Truist Financial upped their target price on shares of Under Armour from $7.00 to $8.00 and gave the stock a “hold” rating in a research report on Friday, August 9th. Finally, UBS Group lifted their price target on Under Armour from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $7.94.

Under Armour Trading Up 20.9 %

NYSE UAA opened at $10.58 on Thursday. The stock has a market cap of $4.57 billion, a P/E ratio of -48.61, a price-to-earnings-growth ratio of 4.02 and a beta of 1.66. Under Armour has a fifty-two week low of $6.17 and a fifty-two week high of $10.58. The stock has a 50 day simple moving average of $8.37 and a two-hundred day simple moving average of $7.47. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.08 and a current ratio of 1.73.

Under Armour (NYSE:UAA) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the previous year, the business posted $0.02 earnings per share. The firm’s revenue for the quarter was down 10.1% compared to the same quarter last year. On average, analysts forecast that Under Armour will post 0.22 earnings per share for the current year.

About Under Armour

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.