Under Armour Inc (NYSE:UAA) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.18-0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21.

A number of research firms have weighed in on UAA. Zacks Investment Research upgraded shares of Under Armour from a hold rating to a buy rating and set a $24.00 target price on the stock in a research note on Tuesday, July 4th. Vetr upgraded shares of Under Armour from a hold rating to a buy rating and set a $22.36 target price on the stock in a research note on Monday, July 3rd. Susquehanna Bancshares Inc boosted their target price on shares of Under Armour from $14.00 to $17.00 in a research note on Friday, July 7th. Raymond James Financial, Inc. reiterated an underperform rating on shares of Under Armour in a research note on Friday, July 7th. Finally, OTR Global reiterated a negative rating on shares of Under Armour in a research note on Tuesday, July 18th. Fifteen investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and five have issued a buy rating to the company’s stock. Under Armour presently has an average rating of Hold and a consensus target price of $19.38.

Shares of Under Armour Inc (NYSE:UAA) opened at 14.0699 on Tuesday. The firm’s 50-day moving average is $16.72 and its 200 day moving average is $18.91. The stock has a market cap of $6.20 billion, a PE ratio of 28.4816 and a beta of -0.02. Under Armour Inc has a 12 month low of $13.81 and a 12 month high of $33.45.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Tuesday, October 31st. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Under Armour had a negative return on equity of 2.44% and a negative net margin of 1.13%. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.49 billion. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. On average, equities analysts predict that Under Armour Inc will post $0.37 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “Under Armour Inc (UAA) Releases Q4 Earnings Guidance” was published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/31/under-armour-inc-uaa-releases-q4-earnings-guidance.html.

Under Armour Company Profile

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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

Receive News & Ratings for Under Armour Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour Inc and related companies with MarketBeat.com's FREE daily email newsletter.