Under Armour (UAA) Projected to Post Earnings on Tuesday

Under Armour (NYSE:UAA) is expected to release its earnings data before the market opens on Tuesday, May 13th. Analysts expect Under Armour to post earnings of ($0.09) per share and revenue of $1.16 billion for the quarter.

Under Armour (NYSE:UAA) last posted its earnings results on Thursday, February 6th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same quarter last year, the business posted $0.19 EPS. On average, analysts expect Under Armour to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Under Armour Stock Down 1.7%

Shares of NYSE UAA opened at $5.84 on Monday. The stock has a fifty day moving average price of $6.08 and a 200 day moving average price of $7.68. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. Under Armour has a 12-month low of $4.78 and a 12-month high of $11.89. The company has a market cap of $2.51 billion, a P/E ratio of -20.14 and a beta of 1.54.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UAA. StockNews.com upgraded Under Armour from a “sell” rating to a “hold” rating in a report on Thursday, March 20th. Evercore ISI reduced their target price on shares of Under Armour from $8.00 to $7.00 and set an “underperform” rating on the stock in a research report on Monday, February 10th. Guggenheim reaffirmed a “neutral” rating on shares of Under Armour in a report on Friday, February 7th. UBS Group lifted their price target on shares of Under Armour from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. Finally, Telsey Advisory Group decreased their price objective on shares of Under Armour from $10.00 to $7.00 and set a “market perform” rating for the company in a research report on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $7.99.

About Under Armour

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.