Under Armour Inc (UAA) Profit Margin Pressure Remains

Under Armour Inc (UAA) Profit Margin Pressure Remains

But "the quality of the results is low and brand issues will not go away quickly", wrote Wedbush analyst Christopher Svezia early Tuesday.

A strong showing overseas helped the company, whose kit is worn by basketball star Steph Curry and golf's Jordan Spieth, to beat Wall Street estimates though.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Tuesday, May 1st. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.12 billion. Analysts forecast 400.00 % diference or $-0.05 from the $-0.01 EPS from 2017. Zacks Investment Research's EPS calculations are an average based on a survey of research analysts that cover Under Armour. The company rating was downgraded by Suntrust Robinson on Wednesday, November 1. (NYSE:UA) rating. DA Davidson has "Hold" rating and $15.0 target.

Credit Suisse rated the Under Armour, Inc. UAA has 11.09M volume or 62.75% up from normal. (NYSE:UAA) stock has a volatility measurement of 5.76% for the week, with 4.07% volatility as observed from the past 30 days. At present, the stock price sited at -24.00% from the 52 week high and situated at 56.40% from 52 week low. The stock has a market cap of $7,883.91, a PE ratio of 94.89, a PEG ratio of 4.87 and a beta of -0.23. This company's ROA is now -1.20%.

In related news, insider Kerry D. Chandler sold 2,534 shares of the firm's stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $16.79, for a total transaction of $42,545.86. Its 1-Week Volatility now stands at 4.61%, while its Month Volatility is 3.67%. Delpha Capital Management LLC bought a new stake in shares of Under Armour in the fourth quarter valued at about $110,000. OLD Mutual Customised Solutions Proprietary Ltd. now owns 8,700 shares of the company's stock valued at $126,000 after acquiring an additional 6,200 shares in the last quarter. Bank of New York Mellon Corp now owns 1,919,045 shares of the company's stock valued at $27,693,000 after buying an additional 123,863 shares during the period.

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Excluding one-time items, Under Armour broke even for the quarter on a per share basis, which was better than the five-cent loss expected by analysts. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new position in Under Armour during the 4th quarter valued at $138,000.

A number of large investors have recently modified their holdings of the business.

There were no changes to the company's full year 2018 outlook as provided on 13 February, with net revenue for the year expected to be up at a low single-digit percentage rate, which the board said reflected a mid-single-digit decline in North America, as well as global growth of greater than 25%.

Within the worldwide business, revenue in Europe, the Middle East and Africa rose 23% (13% currency neutral), in Asia-Pacific revenue rose 35% (28% currency neutral) and in Latin America revenue rose 21% (14% currency neutral), according to a company press release.

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