Under Armour (NYSE:UAA) Releases FY25 Earnings Guidance

Under Armour (NYSE:UAA) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.24-0.27 for the period, compared to the consensus earnings per share estimate of $0.27.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UAA. Morgan Stanley reiterated an “underweight” rating and set a $4.00 price target on shares of Under Armour in a research report on Friday. Wells Fargo & Company increased their target price on Under Armour from $8.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Friday, November 8th. Robert W. Baird raised their target price on Under Armour from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. UBS Group upped their price target on shares of Under Armour from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, TD Cowen increased their price objective on shares of Under Armour from $10.00 to $11.00 and gave the stock a “hold” rating in a report on Friday. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Under Armour currently has an average rating of “Hold” and an average target price of $9.34.

Under Armour Stock Down 8.1 %

Shares of UAA stock opened at $8.81 on Friday. Under Armour has a 1 year low of $6.17 and a 1 year high of $11.89. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18. The business’s fifty day moving average is $9.34 and its 200-day moving average is $8.04. The stock has a market cap of $3.81 billion, a PE ratio of -293.67 and a beta of 1.69.

Insider Activity at Under Armour

In other Under Armour news, insider Mehri Shadman sold 17,240 shares of Under Armour stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $8.76, for a total value of $151,022.40. Following the transaction, the insider now owns 182,538 shares in the company, valued at approximately $1,599,032.88. The trade was a 8.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the chief financial officer now owns 494,210 shares of the company’s stock, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 56,879 shares of company stock valued at $508,642 over the last 90 days. 15.60% of the stock is currently owned by corporate insiders.

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.