Under Armour Company Profile (NYSE:UAA)

Under Armour trades on the New York Stock Exchange (NYSE) under the ticker symbol "UAA."

Under Armour shares split on the morning of Tuesday, April 15th 2014. The 2-1 split was announced on Monday, March 17th 2014. The newly minted shares were payable to shareholders after the market closes on Monday, April 14th 2014. An investor that had 100 shares of Under Armour stock prior to the split would have 200 shares after the split.

Under Armour, Inc. (NYSE:UAA) announced its earnings results on Tuesday, August, 1st. The company reported ($0.03) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.06) by $0.03. The company earned $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. Under Armour had a net margin of 4.38% and a return on equity of 10.93%. The firm's quarterly revenue was up 8.7% on a year-over-year basis. View Under Armour's Earnings History.

Under Armour issued an update on its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $0.37-0.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.42. The company issued revenue guidance of +9-11% to ~$5.26-5.36 billion, compared to the consensus revenue estimate of $5.35 billion.

37 brokers have issued 12 month price targets for Under Armour's shares. Their forecasts range from $13.00 to $54.00. On average, they expect Under Armour's share price to reach $23.58 in the next year. View Analyst Ratings for Under Armour.

Here are some recent quotes from research analysts about Under Armour stock:

• 1. According to Zacks Investment Research, "Under Armour’s better-than-expected results in second-quarter 2017 failed to cushion the stock, which has witnessed a sharp decline in the past one year and underperformed the industry by a wide range. Investors’ sentiments were further dampened by the company’s conservative sales guidance for the full year. The company now expects net revenue for 2017 to rise in the range of 9–11%, down from the prior estimate of an increase of 11–12% over the 2016 level primarily due to moderation in North American business. Further, it anticipates adjusted gross margin to decline by a minimum of 120 basis points in 2017 due to foreign currency headwinds, restructuring plan and efforts toward managing inventory. Nevertheless, the company’s sustained focus on brand development, expansion of direct-to-consumer and technology-based fitness business bode well." (8/11/2017)
• 2. Deutsche Bank AG analysts commented, "lifestyle athletic wear" as opposed to Under Armour's "performance based style."Increased competition in the athletic space.Heightened promotional activity across the entire sector.A slowdown in Under Armour's direct-to-consumer segment.Also, Hibbett Sports, Inc. (NASDAQ: HIBB), an athletic specialty retailer that accounts for 16.5 percent of Under Armour's total sales, said on Monday it expects second-quarter comps to be down 10 percent, the analyst added. This should be even more concerning for Under Armour's investors as the Street was modeling Hibbett Sports' stores to see just a 2-percent decline in comps and is a "reflection of the challenges the sector currently faces."Long-Term Story QuestionableFor Under Armour's stock to return, the company needs to return to a consistent double-digit growth rate. However, there are few drivers to support this outlook, the analyst also argued. Meanwhile, the company has "fumbled" (7/25/2017)
• 3. Susquehanna Bancshares Inc analysts commented, "pro-business president" and a "real asset for the country." However, in today's politically charged environment, supporting the president is an unpopular position — especially among Hollywood celebrities and athletes. By contrast, a company that manufactures heavy equipment for industrial use is more likely to be able to openly support the president without seeing any backlash from its customers.Related Link: A CEO Who's Who Of Trump's Manufacturing CouncilIn fact, one of Under Armour's most notable brand athletes, NBA superstar Steph Curry, blasted Plank's support for Trump.According to Bloomberg News' Joe Weisenthal, the downgrade is one of the most fascinating stories of the week as the CEO's support of Trump is now "reason enough to downgrade the company."Political Motivations At LargeMoving forward, buying (or not buying) Under Armour's products will partly be politically motivated. Specifically, those in the pro-Trump camp may become brand loyal towards Under Armour but those in the anti-Trump camp who were already brand loyal to Under Armour may now shop elsewhere.As such, Weisenthal noted that there may be some logic to Poser's thinking and it could also mark a shift in how Wall Street research firms look at companies under their coverage. This is why Weisenthal believes no company wants to be labeled as either "pro-Trump" or "anti-Trump."The bigger problem is, by the time Trump's first term comes to an end in four years, it is unlikely there won't be a single company left that hasn't earned the reputation as being on one side or the other.Image Credit: By Dcavalli (Own work) [a href="http://creativecommons.org/licenses/by-sa/3.0" (2/20/2017)

Under Armour saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 54,431,690 shares, an increase of 0.4% from the July 14th total of 54,668,407 shares. Based on an average daily trading volume, of 4,480,996 shares, the short-interest ratio is presently 12.1 days. Currently, 29.8% of the shares of the company are short sold.

Some companies that are related to Under Armour include Ralph Lauren Corporation (RL), Gildan Activewear (GIL), Columbia Sportswear Company (COLM), Under Armour (UA), G-III Apparel Group, LTD. (GIII), Mulberry Group PLC (MUL), Duluth Holdings (DLTH), Iconix Brand Group (ICON), Mothercare plc (MTC), Delta Apparel (DLA), Lakeland Industries (LAKE), Differential Brands Group (DFBG), Vince Holding Corp. (VNCE), Bagir Group Ltd (BAGR), Naibu Global International Company PLC (NBU) and Tumi Holdings (TUMI).

Under Armour's management team includes the folowing people:

• Kevin A. Plank, Chairman of the Board, Chief Executive Officer
• Patrik Frisk, President, Chief Operating Officer
• David E. Bergman, Acting Chief Financial Officer
• Colin Browne, President - Global Sourcing
• Jason LaRose, President - North America
• Kerry D. Chandler, Chief Human Resource Officer
• Paul Fipps, Executive Vice President - Global Operations, Chief Information Officer
• John Patrick Stanton, Senior Vice President General Counsel and Corporate Secretary
• Clay Dean, Chief Innovation Officer
• Kip J. Fulks, Chief Product Officer

Under Armour's stock is owned by a number of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (5.56%), Vanguard Group Inc. (4.10%), BlackRock Inc. (2.49%), State Street Corp (1.64%), Bamco Inc. NY (1.58%) and Northern Trust Corp (0.46%). Company insiders that own Under Armour stock include A B Krongard, Adam Peake, Brad Dickerson, Byron K Adams Jr, Douglas E Coltharp, Harvey Sanders, James H Hardy Jr, Karen Katz, Karl-Heinz Maurath, Kerry D Chandler, Kevin A Plank, Matthew C Mirchin, Robin Thurston and William R Mcdermott. View Institutional Ownership Trends for Under Armour.

Under Armour's stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Vanguard Group Inc., BlackRock Inc., State Street Corp, Bamco Inc. NY, Northern Trust Corp, Bank of New York Mellon Corp and Mitsubishi UFJ Trust & Banking Corp. View Insider Buying and Selling for Under Armour.

Shares of Under Armour can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Under Armour stock can currently be purchased for approximately $18.22.