Under Armour (NYSE:UAA) Issues FY25 Earnings Guidance

Under Armour (NYSE:UAA) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $0.19-0.22 for the period, compared to the consensus EPS estimate of $0.21. Under Armour also updated its FY 2025 guidance to 0.190-0.220 EPS.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Truist Financial upped their price objective on shares of Under Armour from $7.00 to $8.00 and gave the company a hold rating in a research note on Friday. Citigroup cut their price objective on shares of Under Armour from $8.00 to $7.00 and set a neutral rating for the company in a research note on Tuesday, May 7th. Stifel Nicolaus upped their price objective on shares of Under Armour from $9.00 to $10.00 and gave the company a buy rating in a research note on Friday. Morgan Stanley cut shares of Under Armour from an equal weight rating to an underweight rating and cut their price objective for the company from $8.00 to $4.00 in a research note on Tuesday, July 23rd. Finally, Evercore ISI cut their price objective on shares of Under Armour from $7.00 to $6.00 and set an underperform rating for the company in a research note on Friday, May 17th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Under Armour currently has a consensus rating of Hold and an average target price of $7.50.

Under Armour Trading Up 2.5 %

NYSE UAA traded up $0.19 during trading on Friday, hitting $7.90. The company had a trading volume of 21,445,955 shares, compared to its average volume of 8,865,764. The company has a current ratio of 2.46, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. Under Armour has a one year low of $6.17 and a one year high of $9.50. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 3.37 and a beta of 1.67. The company’s fifty day moving average is $6.81 and its 200-day moving average is $7.18.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.09. Under Armour had a net margin of 4.19% and a return on equity of 11.95%. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the prior year, the business earned $0.02 EPS. The company’s revenue for the quarter was down 10.1% on a year-over-year basis. On average, sell-side analysts predict that Under Armour will post 0.19 earnings per share for the current year.

Under Armour declared that its Board of Directors has approved a stock buyback program on Thursday, May 16th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to purchase up to 16.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

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.