Under Armour (NYSE:UAA) Issues FY25 Earnings Guidance

Under Armour (NYSE:UAA) 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 $0.27.

Under Armour Price Performance

NYSE UAA opened at $8.81 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of -293.67 and a beta of 1.69. The company has a 50 day simple moving average of $9.34 and a 200-day simple moving average of $8.04. Under Armour has a 52-week low of $6.17 and a 52-week high of $11.89.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UAA. UBS Group lifted their target price on shares of Under Armour from $12.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Needham & Company LLC reissued a “hold” rating on shares of Under Armour in a research report on Friday. Telsey Advisory Group restated a “market perform” rating and issued a $10.00 target price on shares of Under Armour in a research note on Friday. TD Cowen upped their target price on Under Armour from $10.00 to $11.00 and gave the stock a “hold” rating in a research report on Friday. Finally, Truist Financial lifted their price target on Under Armour from $8.00 to $11.00 and gave the company a “hold” rating in a report on Friday, November 8th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $9.34.

Insider Transactions at Under Armour

In related news, CFO David Bergman sold 30,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now owns 494,210 shares in the company, valued at $4,492,368.90. This represents a 5.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Mehri Shadman sold 9,639 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $8.81, for a total value of $84,919.59. Following the completion of the sale, the insider now directly owns 172,899 shares in the company, valued at $1,523,240.19. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,879 shares of company stock worth $508,642. 15.60% of the stock is owned by insiders.

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.