Under Armour (UAA) to Release Earnings on Thursday

Under Armour (NYSE:UAA - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Under Armour to post earnings of $0.04 per share and revenue of $1.34 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Under Armour Stock Up 5.5 %

UAA stock traded up $0.46 during midday trading on Thursday, reaching $8.67. 7,741,277 shares of the company were exchanged, compared to its average volume of 9,035,754. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18. Under Armour has a 1-year low of $6.17 and a 1-year high of $11.89. The stock's 50-day simple moving average is $8.84 and its 200 day simple moving average is $8.40. The company has a market cap of $3.75 billion, a price-to-earnings ratio of -288.74 and a beta of 1.70.

Insiders Place Their Bets

In other news, CFO David Bergman sold 30,000 shares of Under Armour stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total transaction of $272,700.00. Following the completion of the transaction, the chief financial officer now owns 494,210 shares of the company's stock, valued at $4,492,368.90. The trade was a 5.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Mehri Shadman sold 17,240 shares of Under Armour stock in a transaction on Friday, November 15th. The stock was sold at an average price of $8.76, for a total value of $151,022.40. Following the transaction, the insider now directly owns 182,538 shares of the company's stock, valued at $1,599,032.88. This trade represents a 8.63 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 56,879 shares of company stock worth $508,642. Corporate insiders own 15.60% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on UAA. 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. Needham & Company LLC restated a "hold" rating on shares of Under Armour in a research report on Friday, December 13th. TD Cowen raised their target price on shares of Under Armour from $10.00 to $11.00 and gave the stock a "hold" rating in a research report on Friday, December 13th. Argus lowered shares of Under Armour from a "buy" rating to a "hold" rating in a research report on Thursday, January 16th. Finally, Robert W. Baird raised their target price on shares of Under Armour from $8.00 to $10.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Under Armour presently has a consensus rating of "Hold" and an average target price of $9.22.

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.