Under Armour (NYSE:UA) Issues Earnings Results

Under Armour (NYSE:UA) issued its quarterly earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter last year, the company posted $0.25 earnings per share.

Under Armour Price Performance

NYSE:UA traded down $0.24 during mid-day trading on Friday, reaching $6.81. 1,253,357 shares of the stock were exchanged, compared to its average volume of 3,339,979. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30. The business has a fifty day moving average price of $7.80 and a 200 day moving average price of $7.82. Under Armour has a 1-year low of $6.02 and a 1-year high of $10.62. The firm has a market capitalization of $2.94 billion, a PE ratio of -171.20 and a beta of 1.67.

Insider Buying and Selling at Under Armour

In related news, insider Mehri Shadman sold 9,639 shares of Under Armour 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 transaction, the insider now owns 172,899 shares of the company’s stock, valued at approximately $1,523,240.19. This trade represents a 5.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO David Bergman sold 30,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were 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 of the company’s stock, valued at $4,492,368.90. This represents a 5.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, 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.