Under Armour (NYSE:UAA) Releases FY25 Earnings Guidance

Under Armour (NYSE:UAA) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.19-0.22 for the period, compared to the consensus estimate of $0.21. Under Armour also updated its FY 2025 guidance to 0.190-0.220 EPS.

Under Armour Price Performance

Under Armour stock traded up $0.19 during mid-day trading on Friday, hitting $7.90. 21,445,955 shares of the company traded hands, compared to its average volume of 8,865,764. Under Armour has a one year low of $6.17 and a one year high of $9.50. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 3.37 and a beta of 1.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.63 and a current ratio of 2.46. The stock has a fifty day moving average price of $6.81 and a 200-day moving average price of $7.18.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.09. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.14 billion. Under Armour had a net margin of 4.19% and a return on equity of 11.95%. The business’s quarterly revenue was down 10.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 EPS. On average, equities analysts predict that Under Armour will post 0.19 earnings per share for the current fiscal year.

Under Armour declared that its Board of Directors has initiated a share buyback plan on Thursday, May 16th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 16.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages recently commented on UAA. Wedbush increased their price objective on shares of Under Armour from $8.00 to $8.50 and gave the company an outperform rating in a research report on Friday. Citigroup cut their price objective on shares of Under Armour from $8.00 to $7.00 and set a neutral rating on the stock in a research report on Tuesday, May 7th. JPMorgan Chase & Co. downgraded shares of Under Armour from a neutral rating to an underweight rating and cut their price objective for the company from $8.00 to $6.00 in a research report on Thursday, May 16th. BMO Capital Markets lowered their target price on shares of Under Armour from $12.00 to $10.00 and set an outperform rating on the stock in a research note on Friday, May 17th. Finally, Stifel Nicolaus upped their target price on shares of Under Armour from $9.00 to $10.00 and gave the company a buy rating in a research note on Friday. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Hold and a consensus price target of $7.50.

About Under Armour

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.