Under Armour FY2025 EPS Forecast Raised by Seaport Res Ptn

Under Armour, Inc. (NYSE:UAA - Free Report) - Equities researchers at Seaport Res Ptn raised their FY2025 earnings estimates for shares of Under Armour in a note issued to investors on Thursday, February 6th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $0.30 per share for the year, up from their prior estimate of $0.27. The consensus estimate for Under Armour's current full-year earnings is $0.29 per share. Seaport Res Ptn also issued estimates for Under Armour's FY2026 earnings at $0.34 EPS and FY2027 earnings at $0.42 EPS.

A number of other equities research analysts have also recently issued reports on the company. TD Cowen boosted their price objective on Under Armour from $10.00 to $11.00 and gave the company a "hold" rating in a research note on Friday, December 13th. Truist Financial lifted their price objective on shares of Under Armour from $8.00 to $11.00 and gave the company a "hold" rating in a research note on Friday, November 8th. Evercore ISI cut their price target on Under Armour from $8.00 to $7.00 and set an "underperform" rating for the company in a report on Monday. Argus lowered Under Armour from a "buy" rating to a "hold" rating in a research note on Thursday, January 16th. Finally, Morgan Stanley reissued an "underweight" rating and set a $4.00 price objective on shares of Under Armour in a report on Friday, December 13th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Under Armour presently has a consensus rating of "Hold" and a consensus price target of $9.09.

Under Armour Stock Performance

NYSE:UAA traded up $0.13 during trading hours on Monday, reaching $7.27. The stock had a trading volume of 10,051,763 shares, compared to its average volume of 10,353,268. The stock has a market cap of $3.14 billion, a P/E ratio of -25.05 and a beta of 1.69. The stock has a 50 day simple moving average of $8.45 and a 200 day simple moving average of $8.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.01. Under Armour has a 12-month low of $6.17 and a 12-month high of $11.89.

Under Armour (NYSE:UAA - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period in the previous year, the business earned $0.19 EPS.

Insiders Place Their Bets

In other news, insider Mehri Shadman sold 17,240 shares of the company's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $8.76, for a total value of $151,022.40. Following the completion of the sale, the insider now owns 182,538 shares of the company's stock, valued at approximately $1,599,032.88. This represents a 8.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David Bergman sold 30,000 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total transaction of $272,700.00. Following the transaction, the chief financial officer now directly owns 494,210 shares in the company, valued at approximately $4,492,368.90. This represents a 5.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 56,879 shares of company stock valued at $508,642 over the last quarter. 15.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Under Armour

Institutional investors have recently bought and sold shares of the stock. Nomura Asset Management Co. Ltd. grew its holdings in shares of Under Armour by 163.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company's stock worth $26,000 after purchasing an additional 1,800 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in shares of Under Armour in the fourth quarter worth about $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Under Armour during the 4th quarter valued at about $27,000. SBI Securities Co. Ltd. bought a new position in Under Armour during the 4th quarter valued at approximately $40,000. Finally, Harbour Investments Inc. lifted its holdings in Under Armour by 438.2% in the 4th quarter. Harbour Investments Inc. now owns 6,141 shares of the company's stock worth $51,000 after buying an additional 5,000 shares during the period. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

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.