Under Armour (UAA) Issues FY18 Earnings Guidance

Under Armour (NYSE:UAA) updated its FY18 earnings guidance on Tuesday. The company provided EPS guidance of $0.14-0.19 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.22.

Several equities analysts have issued reports on the stock. Telsey Advisory Group cut their price target on shares of Under Armour from $18.00 to $12.00 and set a market perform rating on the stock in a report on Wednesday, November 1st. Citigroup dropped their price objective on shares of Under Armour from $16.00 to $15.00 and set a neutral rating on the stock in a report on Monday, February 5th. Wedbush reissued a neutral rating and set a $11.00 price objective (down from $17.00) on shares of Under Armour in a report on Wednesday, November 1st. B. Riley reissued a sell rating and set a $10.00 price objective (down from $14.00) on shares of Under Armour in a report on Wednesday, November 1st. Finally, Buckingham Research decreased their target price on shares of Under Armour from $14.00 to $10.00 and set an underperform rating for the company in a research report on Wednesday, November 1st. Eighteen investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $14.35.

Shares of Under Armour (NYSE UAA) opened at $14.23 on Tuesday. Under Armour has a one year low of $11.40 and a one year high of $23.46. The stock has a market cap of $6,073.33, a PE ratio of 33.54, a P/E/G ratio of 4.21 and a beta of -0.23. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.23.

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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)

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