Seaport Res Ptn Forecasts Under Armour FY2028 Earnings

Under Armour, Inc. (NYSE:UAA - Free Report) - Equities researchers at Seaport Res Ptn issued their FY2028 EPS estimates for shares of Under Armour in a research report issued on Tuesday, May 6th. Seaport Res Ptn analyst M. Kummetz expects that the company will post earnings of $0.38 per share for the year. The consensus estimate for Under Armour's current full-year earnings is $0.30 per share.

Several other research analysts have also commented on UAA. KGI Securities initiated coverage on shares of Under Armour in a report on Friday, March 7th. They issued a "neutral" rating and a $7.40 price objective for the company. Stifel Nicolaus decreased their price target on shares of Under Armour from $13.00 to $11.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. StockNews.com raised shares of Under Armour from a "sell" rating to a "hold" rating in a report on Thursday, March 20th. Barclays lowered their price target on shares of Under Armour from $8.00 to $6.00 and set an "equal weight" rating on the stock in a report on Monday. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $7.00 target price on shares of Under Armour in a report on Tuesday. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $7.87.

Under Armour Stock Performance

Shares of NYSE UAA traded up $0.08 during midday trading on Thursday, hitting $6.29. The company's stock had a trading volume of 16,275,503 shares, compared to its average volume of 12,567,178. The stock has a fifty day moving average price of $6.06 and a 200 day moving average price of $7.66. Under Armour has a one year low of $4.78 and a one year high of $11.89. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of -21.69 and a beta of 1.54.

Under Armour (NYSE:UAA - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.01. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.16 billion. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%.

Hedge Funds Weigh In On Under Armour

Large investors have recently bought and sold shares of the business. Compagnie Lombard Odier SCmA acquired a new position in shares of Under Armour in the fourth quarter valued at about $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Under Armour during the fourth quarter worth approximately $27,000. SBI Securities Co. Ltd. purchased a new position in Under Armour during the fourth quarter worth approximately $40,000. Harbour Investments Inc. boosted its position in Under Armour by 438.2% during the fourth quarter. Harbour Investments Inc. now owns 6,141 shares of the company's stock worth $51,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Cerity Partners LLC purchased a new position in shares of Under Armour in the first quarter valued at approximately $66,000. Hedge funds and other institutional investors own 34.58% of the company's stock.

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.