Under Armour (UAA) to Post Earnings on Friday

Under Armour (NYSE:UAAGet Free Report) is expected to release its results before the market opens on Friday, August 7th. Analysts expect the company to post earnings of $0.02 per share and revenue of $1.1089 billion for the quarter. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS.

Under Armour (NYSE:UAAGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the firm posted ($0.08) EPS. The business’s revenue for the quarter was down .8% compared to the same quarter last year. On average, analysts expect Under Armour to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Under Armour Stock Up 1.0%

UAA stock opened at $6.84 on Wednesday. Under Armour has a twelve month low of $4.13 and a twelve month high of $8.15. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.42. The firm has a market cap of $2.92 billion, a PE ratio of -5.90, a price-to-earnings-growth ratio of 2.24 and a beta of 1.67. The business has a 50 day moving average of $6.38 and a 200 day moving average of $6.35.

Insider Activity

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the transaction, the insider directly owned 44,179,116 shares of the company’s stock, valued at approximately $219,570,206.52. This represents a 1.70% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 1,178,344 shares of company stock worth $5,865,147 over the last 90 days. Corporate insiders own 15.70% of the company’s stock.

Hedge Funds Weigh In On Under Armour

A number of hedge funds have recently bought and sold shares of the business. Blair William & Co. IL lifted its holdings in shares of Under Armour by 40.0% during the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after buying an additional 1,476 shares during the period. State of Wyoming purchased a new stake in Under Armour in the 2nd quarter worth $44,000. Equitable Holdings Inc. purchased a new position in Under Armour in the 4th quarter worth approximately $51,000. Florida Financial Advisors LLC purchased a new position in shares of Under Armour in the second quarter worth $72,000. Finally, Jacobi Capital Management LLC purchased a new position in shares of Under Armour in the fourth quarter worth $53,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on UAA. BNP Paribas Exane lowered their price target on Under Armour from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Truist Financial reduced their price objective on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research note on Wednesday, May 13th. Citigroup reaffirmed a “sell” rating and issued a $4.75 target price (down from $6.20) on shares of Under Armour in a report on Wednesday, May 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a research note on Tuesday, July 21st. Finally, Zacks Research cut shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $5.91.

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Under Armour Company Profile

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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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Earnings History for Under Armour (NYSE:UAA)

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