Under Armour (UAA) Releases FY19 Earnings Guidance

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Under Armour (NYSE:UAA) updated its FY19 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.31-0.33 for the period, compared to the Thomson Reuters consensus estimate of $0.35. The company issued revenue guidance of +3-4% vs. +4.9% consensus, compared to the consensus revenue estimate of $5.44 billion.Under Armour also updated its FY18 guidance to $0.21-0.22 EPS.

Several research firms have weighed in on UAA. Wells Fargo & Co lowered Under Armour from a market perform rating to an underperform rating and set a $23.50 target price on the stock. in a report on Sunday, December 9th. Telsey Advisory Group lowered their target price on Under Armour from $25.00 to $23.00 and set a market perform rating on the stock in a report on Thursday. Stifel Nicolaus upped their target price on Under Armour from $27.00 to $30.00 and gave the company a sell rating in a report on Monday, November 5th. Buckingham Research upped their target price on Under Armour from $18.00 to $20.00 and gave the company a neutral rating in a report on Wednesday, October 31st. Finally, ValuEngine raised Under Armour from a hold rating to a buy rating in a report on Wednesday, October 31st. Six research analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $21.27.

Under Armour stock opened at $18.77 on Friday. The stock has a market capitalization of $8.88 billion, a PE ratio of 98.79, a PEG ratio of 4.43 and a beta of -0.43. The company has a current ratio of 1.99, a quick ratio of 1.09 and a debt-to-equity ratio of 0.35. Under Armour has a 12 month low of $12.50 and a 12 month high of $24.96.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Tuesday, October 30th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.13. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.42 billion. Under Armour had a positive return on equity of 3.96% and a negative net margin of 2.68%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business posted $0.22 EPS. On average, equities analysts forecast that Under Armour will post 0.22 earnings per share for the current fiscal year.

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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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