Under Armour (NYSE:UAA) Issues FY25 Earnings Guidance

Under Armour (NYSE:UAA) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $0.24-0.27 for the period, compared to the consensus EPS estimate of $0.27.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. BMO Capital Markets raised their price target on shares of Under Armour from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Barclays raised their target price on shares of Under Armour from $8.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. Truist Financial raised their price objective on Under Armour from $8.00 to $11.00 and gave the stock a “hold” rating in a report on Friday, November 8th. Telsey Advisory Group reiterated a “market perform” rating and issued a $8.00 target price on shares of Under Armour in a report on Monday, November 4th. Finally, Argus upgraded Under Armour to a “strong-buy” rating in a research note on Thursday, August 15th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Under Armour has an average rating of “Hold” and a consensus target price of $9.03.

Under Armour Price Performance

Shares of UAA stock traded down $0.37 during mid-day trading on Thursday, hitting $9.93. 8,807,969 shares of the stock were exchanged, compared to its average volume of 10,126,854. The company has a quick ratio of 1.24, a current ratio of 2.18 and a debt-to-equity ratio of 0.30. Under Armour has a 52-week low of $6.17 and a 52-week high of $11.89. The firm has a fifty day moving average of $9.32 and a 200 day moving average of $8.02. The company has a market cap of $4.29 billion, a PE ratio of -320.00 and a beta of 1.69.

Insider Buying and Selling

In other news, insider Mehri Shadman sold 9,639 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $8.81, for a total value of $84,919.59. Following the transaction, the insider now directly owns 172,899 shares of the company’s stock, valued at approximately $1,523,240.19. This trade represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO David Bergman sold 30,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the sale, the chief financial officer now directly owns 494,210 shares of the company’s stock, valued at approximately $4,492,368.90. This represents a 5.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 56,879 shares of company stock worth $508,642 in the last 90 days. Insiders own 15.60% of the company’s stock.

Under Armour Company Profile

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.