Under Armour (NYSE:UA – Get Rating) updated its FY 2023 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.63-$0.68 for the period. The company issued revenue guidance of $5.99 billion-$6.10 billion.
A number of analysts have weighed in on the stock. TheStreet lowered shares of Under Armour from a b- rating to a c+ rating in a research report on Friday, April 1st. Morgan Stanley upgraded shares of Under Armour from an equal weight rating to an overweight rating and raised their target price for the company from $23.00 to $24.00 in a research report on Wednesday, February 2nd. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Buy and an average target price of $26.00.
Under Armour stock traded up $0.25 during mid-day trading on Monday, reaching $9.38. The company had a trading volume of 174,536 shares, compared to its average volume of 4,279,996. Under Armour has a fifty-two week low of $8.09 and a fifty-two week high of $23.00. The company has a current ratio of 2.30, a quick ratio of 1.74 and a debt-to-equity ratio of 0.32. The company has a market cap of $4.47 billion, a P/E ratio of 19.96 and a beta of 1.29. The business has a fifty day simple moving average of $13.14 and a 200 day simple moving average of $15.81.
Under Armour Company Profile (Get Rating)
Under Armour, Inc, together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company offers its apparel in compression, fitted, and loose fit types. It also provides footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.
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