Under Armour (UAA) Scheduled to Post Earnings on Thursday

Under Armour (NYSE:UAA) is scheduled to post its quarterly earnings results before the market opens on Thursday, May 16th. Analysts expect Under Armour to post earnings of $0.08 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. Under Armour had a return on equity of 13.85% and a net margin of 6.98%. The firm had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the firm earned $0.16 earnings per share. The company’s revenue for the quarter was down 6.1% compared to the same quarter last year. On average, analysts expect Under Armour to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Under Armour Trading Down 1.0 %

NYSE UAA opened at $6.64 on Thursday. The firm has a market cap of $2.89 billion, a PE ratio of 7.38, a price-to-earnings-growth ratio of 1.15 and a beta of 1.63. Under Armour has a 1-year low of $6.29 and a 1-year high of $9.50. The stock has a 50-day moving average of $7.23 and a 200-day moving average of $7.73. The company has a current ratio of 2.13, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Citigroup lowered their price objective on Under Armour from $8.00 to $7.00 and set a “neutral” rating for the company in a research report on Tuesday. BNP Paribas reissued a “neutral” rating on shares of Under Armour in a research report on Thursday, March 14th. Wells Fargo & Company decreased their price objective on shares of Under Armour from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 25th. Williams Trading reaffirmed a “hold” rating and set a $8.00 price objective on shares of Under Armour in a research note on Thursday, March 14th. Finally, TheStreet raised Under Armour from a “d+” rating to a “c-” rating in a research note on Thursday, February 8th. One investment analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to data from MarketBeat, Under Armour has a consensus rating of “Hold” and a consensus target price of $8.05.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.