Wall Street analysts expect Under Armour Inc (NYSE:UAA) to report ($0.06) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Thirteen analysts have issued estimates for Under Armour’s earnings, with the lowest EPS estimate coming in at ($0.07) and the highest estimate coming in at ($0.04). Under Armour reported earnings of ($0.08) per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 25%. The firm is scheduled to announce its next quarterly earnings results before the market opens on Tuesday, July 30th.
On average, analysts expect that Under Armour will report full year earnings of $0.35 per share for the current financial year, with EPS estimates ranging from $0.33 to $0.43. For the next financial year, analysts anticipate that the company will post earnings of $0.50 per share, with EPS estimates ranging from $0.35 to $0.65. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Under Armour.
Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.05 EPS for the quarter. Under Armour had a net margin of 0.12% and a return on equity of 7.17%. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. The business’s quarterly revenue was up 1.6% on a year-over-year basis.
NYSE:UAA traded up $0.37 during mid-day trading on Thursday, reaching $27.01. 164,083 shares of the company were exchanged, compared to its average volume of 3,416,948. Under Armour has a 12 month low of $16.52 and a 12 month high of $27.69. The firm’s fifty day moving average is $26.22. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.22 and a current ratio of 2.02. The stock has a market capitalization of $12.16 billion, a PE ratio of 99.59, a PEG ratio of 2.86 and a beta of 0.47.
Several large investors have recently made changes to their positions in the stock. Gilder Gagnon Howe & Co. LLC raised its position in shares of Under Armour by 4.0% in the 1st quarter. Gilder Gagnon Howe & Co. LLC now owns 9,920 shares of the company’s stock valued at $210,000 after acquiring an additional 379 shares during the period. Wealthstreet Investment Advisors LLC raised its position in shares of Under Armour by 1.1% in the 2nd quarter. Wealthstreet Investment Advisors LLC now owns 42,060 shares of the company’s stock valued at $1,066,000 after acquiring an additional 470 shares during the period. Piedmont Investment Advisors Inc. raised its position in shares of Under Armour by 3.8% in the 1st quarter. Piedmont Investment Advisors Inc. now owns 13,473 shares of the company’s stock valued at $285,000 after acquiring an additional 498 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Under Armour by 7.3% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,979 shares of the company’s stock valued at $232,000 after acquiring an additional 744 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Under Armour by 1.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 63,582 shares of the company’s stock worth $1,344,000 after buying an additional 757 shares during the period. Institutional investors and hedge funds own 37.91% of the company’s stock.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.
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