Under Armour (UAA) Projected to Post Quarterly Earnings on Thursday

Under Armour (NYSE:UAA) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Under Armour to post earnings of $0.04 per share and revenue of $1.34 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Under Armour Trading Down 1.1 %

NYSE UAA opened at $8.26 on Tuesday. Under Armour has a 52-week low of $6.17 and a 52-week high of $11.89. The business’s 50-day moving average price is $8.77 and its 200 day moving average price is $8.44. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24.

Insider Transactions at Under Armour

In other Under Armour news, CFO David Bergman sold 30,000 shares of the stock in a transaction 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 owns 494,210 shares in the company, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mehri Shadman sold 9,639 shares of Under Armour stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $8.81, for a total transaction of $84,919.59. Following the completion of 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 56,879 shares of company stock valued at $508,642 over the last 90 days. 15.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

UAA has been the topic of several analyst reports. UBS Group decreased their price target on shares of Under Armour from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Tuesday, January 28th. Robert W. Baird boosted their target price on shares of Under Armour from $8.00 to $10.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of Under Armour in a research report on Friday, December 13th. Truist Financial boosted their price target on Under Armour from $8.00 to $11.00 and gave the company a “hold” rating in a report on Friday, November 8th. Finally, Wells Fargo & Company boosted their price objective on Under Armour from $8.00 to $11.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $9.22.

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.