Zacks: Brokerages Expect Under Armour Inc Class A (UAA) Will Post Earnings of $0.14 Per Share

Wall Street analysts expect that Under Armour Inc Class A (NYSE:UAA) will report earnings of $0.14 per share for the current fiscal quarter, according to Zacks Investment Research. Fourteen analysts have made estimates for Under Armour Inc Class A’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at $0.11. Under Armour Inc Class A reported earnings of $0.22 per share in the same quarter last year, which suggests a negative year over year growth rate of 36.4%. The company is expected to announce its next quarterly earnings report on Tuesday, October 30th.

On average, analysts expect that Under Armour Inc Class A will report full year earnings of $0.17 per share for the current year, with EPS estimates ranging from $0.12 to $0.20. For the next fiscal year, analysts expect that the business will report earnings of $0.34 per share, with EPS estimates ranging from $0.17 to $0.57. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Under Armour Inc Class A.

Under Armour Inc Class A (NYSE:UAA) last posted its quarterly earnings data on Thursday, July 26th. The company reported ($0.08) earnings per share for the quarter, hitting the consensus estimate of ($0.08). Under Armour Inc Class A had a negative net margin of 3.11% and a positive return on equity of 3.32%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the company posted ($0.03) EPS. Under Armour Inc Class A’s revenue was up 7.7% on a year-over-year basis.



Several analysts have commented on UAA shares. Stifel Nicolaus upped their target price on shares of Under Armour Inc Class A from $20.00 to $27.00 and gave the company a “buy” rating in a research report on Monday, June 4th. ValuEngine upgraded shares of Under Armour Inc Class A from a “sell” rating to a “hold” rating in a research report on Saturday, May 26th. Zacks Investment Research upgraded shares of Under Armour Inc Class A from a “sell” rating to a “hold” rating in a research report on Thursday, April 26th. Telsey Advisory Group upped their target price on shares of Under Armour Inc Class A from $15.00 to $22.00 and gave the company a “market perform” rating in a research report on Monday, July 23rd. Finally, Citigroup upped their target price on shares of Under Armour Inc Class A from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Wednesday, May 2nd. Eleven equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. Under Armour Inc Class A presently has a consensus rating of “Hold” and an average price target of $17.34.

Under Armour Inc Class A opened at $20.72 on Tuesday, Marketbeat.com reports. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.91 and a quick ratio of 0.94. Under Armour Inc Class A has a fifty-two week low of $11.40 and a fifty-two week high of $24.69. The company has a market capitalization of $8.76 billion, a P/E ratio of 109.05, a P/E/G ratio of 5.68 and a beta of -0.44.

Hedge funds have recently made changes to their positions in the company. D L Carlson Investment Group Inc. acquired a new position in Under Armour Inc Class A in the 1st quarter worth $2,207,000. W.E. Donoghue & Co. LLC acquired a new position in Under Armour Inc Class A in the 2nd quarter worth $2,223,000. Gateway Investment Advisers LLC acquired a new position in Under Armour Inc Class A in the 2nd quarter worth $15,803,000. DekaBank Deutsche Girozentrale boosted its stake in Under Armour Inc Class A by 64.1% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 314,421 shares of the company’s stock worth $5,154,000 after purchasing an additional 122,776 shares during the period. Finally, BP PLC acquired a new position in Under Armour Inc Class A in the 2nd quarter worth $607,000. 37.38% of the stock is owned by institutional investors.

About Under Armour Inc Class A

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.

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Earnings History and Estimates for Under Armour Inc Class A (NYSE:UAA)

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