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

Under Armour (NYSE:UAA) will be announcing its earnings results before the market opens on Thursday, May 16th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.08. Under Armour had a return on equity of 13.85% and a net margin of 6.98%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the firm posted $0.16 EPS. The company’s quarterly revenue was down 6.1% on a year-over-year basis. On average, analysts expect Under Armour to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Under Armour Price Performance

NYSE:UAA opened at $6.64 on Thursday. The company has a market cap of $2.89 billion, a P/E ratio of 7.38, a P/E/G ratio of 1.15 and a beta of 1.63. The firm’s fifty day moving average price is $7.23 and its two-hundred day moving average price is $7.73. Under Armour has a one year low of $6.29 and a one year high of $9.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.13 and a quick ratio of 1.38.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on UAA shares. Telsey Advisory Group reiterated a “market perform” rating and issued a $9.00 price target on shares of Under Armour in a research note on Thursday, March 14th. Williams Trading reissued a “hold” rating and set a $8.00 price target on shares of Under Armour in a report on Thursday, March 14th. Wells Fargo & Company decreased their price objective on Under Armour from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Thursday, April 25th. Evercore ISI reiterated an “underperform” rating and set a $7.00 price objective (down previously from $8.00) on shares of Under Armour in a research report on Thursday, March 14th. Finally, TheStreet raised shares of Under Armour from a “d+” rating to a “c-” rating in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $8.05.

Under Armour Company Profile

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.