Under Armour (NYSE:UAA) Updates FY25 Earnings Guidance

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

Under Armour Price Performance

NYSE:UAA traded up $2.38 during trading hours on Thursday, reaching $11.13. 37,088,793 shares of the company were exchanged, compared to its average volume of 10,178,558. The company has a market capitalization of $4.81 billion, a P/E ratio of -60.28, a P/E/G ratio of 4.02 and a beta of 1.66. Under Armour has a 1-year low of $6.17 and a 1-year high of $11.89. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.73 and a quick ratio of 1.08. The business has a 50 day moving average of $8.37 and a 200 day moving average of $7.47.

Under Armour (NYSE:UAA - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.09. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.14 billion. Under Armour had a positive return on equity of 11.98% and a negative net margin of 1.35%. The firm's quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share. Research analysts forecast that Under Armour will post 0.22 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on UAA. Telsey Advisory Group restated a "market perform" rating and set a $8.00 target price on shares of Under Armour in a research note on Monday. Wedbush upped their target price on Under Armour from $8.00 to $8.50 and gave the stock an "outperform" rating in a research note on Friday, August 9th. UBS Group upped their target price on Under Armour from $11.00 to $12.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Morgan Stanley cut Under Armour from an "equal weight" rating to an "underweight" rating and cut their target price for the stock from $8.00 to $4.00 in a research note on Tuesday, July 23rd. Finally, TD Cowen upped their target price on Under Armour from $7.00 to $8.00 and gave the stock a "hold" rating in a research note on Monday. Three analysts have rated the stock with a sell rating, twelve have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $7.94.

Under Armour Company Profile

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.