Under Armour (UAA) Issues FY18 Earnings Guidance

Under Armour (NYSE:UAA) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.19-0.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.17.

Shares of Under Armour stock opened at $22.13 on Tuesday. The company has a current ratio of 1.91, a quick ratio of 0.94 and a debt-to-equity ratio of 0.39. The stock has a market cap of $8.00 billion, a price-to-earnings ratio of 116.45, a PEG ratio of 5.11 and a beta of -0.42. Under Armour has a 1-year low of $11.40 and a 1-year high of $24.69.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, July 26th. The company reported ($0.08) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.08). The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Under Armour had a negative net margin of 3.11% and a positive return on equity of 3.32%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.03) earnings per share. As a group, equities analysts anticipate that Under Armour will post 0.17 EPS for the current year.



A number of brokerages have recently issued reports on UAA. ValuEngine lowered shares of Under Armour from a hold rating to a sell rating in a research report on Monday, July 2nd. Wedbush upped their target price on shares of Under Armour from $15.00 to $18.00 and gave the stock a neutral rating in a research report on Friday, July 20th. Credit Suisse Group upped their target price on shares of Under Armour from $21.00 to $23.00 and gave the stock a neutral rating in a research report on Friday, July 27th. Morgan Stanley began coverage on shares of Under Armour in a research report on Wednesday, August 1st. They set an equal weight rating and a $20.00 target price on the stock. Finally, Telsey Advisory Group reiterated a market perform rating and set a $22.00 target price on shares of Under Armour in a research report on Wednesday, October 24th. Ten investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $17.42.

About Under Armour

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 (NYSE:UAA)

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