Under Armour (NYSE:UA) Releases Earnings Results, Beats Expectations By $0.05 EPS

Under Armour (NYSE:UA) posted its quarterly earnings data on Thursday. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05, Zacks reports. Under Armour had a positive return on equity of 13.20% and a negative net margin of 0.27%. During the same period in the prior year, the business earned $0.25 EPS.

Under Armour Stock Performance

Shares of NYSE UA traded down $0.23 during trading on Thursday, reaching $7.16. 2,875,210 shares of the stock traded hands, compared to its average volume of 3,265,716. The company has a 50-day moving average of $7.83 and a 200-day moving average of $7.82. Under Armour has a 52-week low of $6.02 and a 52-week high of $10.62. The stock has a market capitalization of $3.09 billion, a P/E ratio of -179.45 and a beta of 1.67. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24.

Insider Buying and Selling

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

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.