Brokers Offer Predictions for Under Armour FY2028 Earnings

Under Armour, Inc. (NYSE:UAA) – Equities researchers at Seaport Res Ptn issued their FY2028 EPS estimates for Under Armour in a research note issued to investors on Tuesday, May 6th. Seaport Res Ptn analyst M. Kummetz expects that the company will earn $0.38 per share for the year. The consensus estimate for Under Armour’s current full-year earnings is $0.30 per share.

Under Armour (NYSE:UAA) last issued its earnings results on Thursday, February 6th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same period in the prior year, the business earned $0.19 EPS.

Other equities analysts have also issued reports about the stock. StockNews.com raised shares of Under Armour from a “sell” rating to a “hold” rating in a report on Thursday, March 20th. UBS Group upped their price objective on shares of Under Armour from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. KGI Securities initiated coverage on Under Armour in a research report on Friday, March 7th. They set a “neutral” rating and a $7.40 target price on the stock. Telsey Advisory Group reduced their price target on Under Armour from $10.00 to $7.00 and set a “market perform” rating for the company in a report on Wednesday. Finally, Wells Fargo & Company dropped their price objective on Under Armour from $7.00 to $4.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 30th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $7.99.

Under Armour Stock Down 1.7 %

Shares of UAA stock opened at $5.84 on Thursday. Under Armour has a twelve month low of $4.78 and a twelve month high of $11.89. The stock has a market cap of $2.51 billion, a P/E ratio of -20.14 and a beta of 1.54. The stock has a 50 day moving average of $6.08 and a 200 day moving average of $7.69. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30.

Institutional Trading of Under Armour

Several large investors have recently bought and sold shares of UAA. Compagnie Lombard Odier SCmA purchased a new position in Under Armour in the 4th quarter worth approximately $25,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Under Armour during the fourth quarter worth $27,000. SBI Securities Co. Ltd. purchased a new stake in Under Armour in the 4th quarter valued at $40,000. Harbour Investments Inc. increased its stake in shares of Under Armour by 438.2% in the 4th quarter. Harbour Investments Inc. now owns 6,141 shares of the company’s stock worth $51,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Vident Advisory LLC acquired a new stake in shares of Under Armour in the 4th quarter worth $85,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.