Under Armour (UAA) Set to Release Earnings on Friday

Key Points

• Under Armour is expected to report earnings before the market opens Friday, November 6. Analysts forecast a loss of roughly $0.01 per share and revenue of $1.23 billion.
• The company’s latest quarter beat earnings expectations, with EPS of $0.05 versus $0.02 projected, but revenue declined 3.2% year over year to $1.10 billion.
• Market sentiment remains cautious: the stock trades near $5, while analysts have an average “Reduce” rating and a $5.69 price target. CFO Reza Taleghani recently purchased more than $100,000 of shares.

Under Armour (NYSE:UAA - Get Free Report) will likely be announcing its results before the market opens on Friday, November 6th. Analysts expect the company to post earnings of ($0.0071) per share and revenue of $1.23 billion for the quarter. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030--0.010 EPS.

Under Armour (NYSE:UAA - Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The business's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.02 EPS. On average, analysts expect Under Armour to post $0.10 EPS for the current fiscal year and $0.17 EPS for the next fiscal year.

Under Armour Price Performance

Shares of NYSE UAA opened at $5.00 on Friday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of -4.35, a PEG ratio of 1.79 and a beta of 1.62. Under Armour has a 52 week low of $4.13 and a 52 week high of $8.15. The company's 50-day moving average price is $4.87 and its 200 day moving average price is $5.94. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41.

Insiders Place Their Bets

In related news, CFO Reza Taleghani acquired 18,656 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $5.37 per share, with a total value of $100,182.72. Following the completion of the transaction, the chief financial officer directly owned 87,621 shares of the company's stock, valued at $470,524.77. This trade represents a 27.05% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 15.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Morgan Stanley set a $4.00 price target on shares of Under Armour and gave the company an "equal weight" rating in a research report on Thursday, September 10th. UBS Group restated a "buy" rating and set a $8.00 price objective (down from $9.00) on shares of Under Armour in a research report on Wednesday. Barclays cut Under Armour from an "equal weight" rating to an "underweight" rating and set a $5.00 target price on the stock. in a report on Tuesday, August 11th. Truist Financial raised their price target on Under Armour from $5.00 to $6.00 and gave the stock a "hold" rating in a research report on Monday, August 10th. Finally, Weiss Ratings raised Under Armour from a "sell (d-)" rating to a "sell (d)" rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average target price of $5.69.

Under Armour Company Profile

Under Armour, Inc develops, markets and distributes performance apparel, footwear and accessories under the Under Armour brand. Its products are designed for athletes and active consumers and include training and competition apparel, sports bras, outerwear, athletic shoes, bags, headwear and other accessories. The company's product technologies include fabric and footwear platforms such as HeatGear, ColdGear, HOVR and UA Flow.

Under Armour sells its products through wholesale distributors and retailers, as well as through its own brand and factory stores and digital commerce platforms.

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