Under Armour (NYSE:UAA) issued an update on its FY19 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.33-0.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.35.

Shares of NYSE:UAA traded down $3.88 on Tuesday, reaching $23.56. 11,213,431 shares of the company traded hands, compared to its average volume of 3,119,704. The business has a 50-day simple moving average of $26.49. Under Armour has a 52 week low of $16.52 and a 52 week high of $27.72. The stock has a market capitalization of $12.29 billion, a PE ratio of 87.26, a P/E/G ratio of 2.87 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.02 and a quick ratio of 1.22.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.05 earnings per share (EPS) for the quarter. Under Armour had a return on equity of 7.17% and a net margin of 0.12%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Under Armour’s revenue for the quarter was up 1.6% compared to the same quarter last year. On average, analysts expect that Under Armour will post 0.35 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on UAA shares. Pivotal Research reaffirmed a hold rating and set a $25.00 price objective (up from $23.00) on shares of Under Armour in a research note on Wednesday, July 24th. JPMorgan Chase & Co. set a $195.00 price objective on bluebird bio and gave the company a buy rating in a research note on Friday, May 17th. Credit Suisse Group raised ConocoPhillips from a neutral rating to an outperform rating and set a $75.00 price objective on the stock in a research note on Tuesday, April 30th. Wells Fargo & Co reaffirmed a hold rating on shares of Medidata Solutions in a research note on Thursday, June 13th. Finally, Zacks Investment Research cut Haynes International from a hold rating to a sell rating in a research note on Wednesday, May 8th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Under Armour has a consensus rating of Hold and an average price target of $24.47.

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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Earnings History and Estimates for Under Armour (NYSE:UAA)

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