Under Armour (UAA) Expected to Announce Earnings on Thursday

Under Armour (NYSE:UAA) will likely be posting its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Under Armour to post earnings of $0.04 per share and revenue of $1.34 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Under Armour Stock Up 0.1 %

NYSE UAA opened at $8.26 on Wednesday. The stock’s 50-day moving average price is $8.74 and its 200-day moving average price is $8.46. The company has a market capitalization of $3.57 billion, a P/E ratio of -275.07 and a beta of 1.69. The company has a quick ratio of 1.24, a current ratio of 2.18 and a debt-to-equity ratio of 0.30. Under Armour has a 52 week low of $6.17 and a 52 week high of $11.89.

Analyst Ratings Changes

UAA has been the topic of several analyst reports. Wells Fargo & Company lifted their price target on shares of Under Armour from $8.00 to $11.00 and gave the company an “equal weight” rating in a report on Friday, November 8th. UBS Group lowered their target price on shares of Under Armour from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Tuesday, January 28th. Morgan Stanley reiterated an “underweight” rating and issued a $4.00 price target on shares of Under Armour in a research note on Friday, December 13th. TD Cowen boosted their price objective on Under Armour from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Friday, December 13th. Finally, Barclays cut their target price on Under Armour from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Monday, December 16th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $9.22.

Insider Activity at Under Armour

In other Under Armour news, insider Mehri Shadman sold 9,639 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $8.81, for a total transaction of $84,919.59. Following the sale, the insider now directly owns 172,899 shares in the company, valued at $1,523,240.19. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO David Bergman sold 30,000 shares of Under Armour stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the transaction, the chief financial officer now owns 494,210 shares of the company’s stock, valued at approximately $4,492,368.90. This trade represents a 5.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 56,879 shares of company stock valued at $508,642 over the last 90 days. 15.60% of the stock is owned by corporate insiders.

About Under Armour

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.