Under Armour (UAA) Projected to Post Earnings on Friday

Under Armour (NYSE:UAA) is anticipated to announce its results before the market opens on Friday, August 7th. Analysts expect Under Armour to post earnings of $0.02 per share and revenue of $1.1089 billion for the quarter. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS.

Under Armour (NYSE:UAA) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The company’s revenue was down .8% on a year-over-year basis. During the same period last year, the company earned ($0.08) earnings per share. On average, analysts expect Under Armour to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Under Armour Stock Down 1.2%

NYSE:UAA opened at $6.75 on Thursday. The firm has a 50-day simple moving average of $6.40 and a two-hundred day simple moving average of $6.36. Under Armour has a fifty-two week low of $4.13 and a fifty-two week high of $8.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62. The firm has a market cap of $2.88 billion, a P/E ratio of -5.82, a P/E/G ratio of 2.26 and a beta of 1.67.

Insiders Place Their Bets

In related news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of Under Armour stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the purchase, the insider directly owned 44,179,116 shares of the company’s stock, valued at $219,570,206.52. The trade was a 1.70% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders purchased 1,178,344 shares of company stock worth $5,865,147 over the last quarter. Insiders own 15.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Invesco Ltd. grew its stake in shares of Under Armour by 68.8% during the fourth quarter. Invesco Ltd. now owns 1,363,939 shares of the company’s stock valued at $6,779,000 after buying an additional 555,860 shares during the last quarter. Vident Advisory LLC increased its position in Under Armour by 13.6% during the 4th quarter. Vident Advisory LLC now owns 12,651 shares of the company’s stock valued at $63,000 after purchasing an additional 1,512 shares during the period. NewEdge Advisors LLC increased its holdings in Under Armour by 1,237.8% during the fourth quarter. NewEdge Advisors LLC now owns 21,847 shares of the company’s stock valued at $109,000 after buying an additional 20,214 shares during the period. XTX Topco Ltd increased its holdings in shares of Under Armour by 332.8% in the 4th quarter. XTX Topco Ltd now owns 559,749 shares of the company’s stock valued at $2,782,000 after acquiring an additional 430,403 shares during the period. Finally, Twinbeech Capital LP raised its holdings in Under Armour by 8.3% in the fourth quarter. Twinbeech Capital LP now owns 59,800 shares of the company’s stock worth $297,000 after purchasing an additional 4,572 shares in the last quarter. Institutional investors own 34.58% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on UAA. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a research note on Sunday, May 24th. Stifel Nicolaus set a $6.00 price objective on shares of Under Armour and gave the stock a “hold” rating in a report on Tuesday, May 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a report on Tuesday, July 21st. Telsey Advisory Group dropped their price target on shares of Under Armour from $6.00 to $5.50 and set a “market perform” rating for the company in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $6.00 price objective on shares of Under Armour in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $5.91.

Under Armour Company Profile

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.