Under Armour Shares Jump In Premarket On Strong Q2 Earnings, Raised FY21 Guidance
Under Armour Inc (NYSE:UAA) reported second-quarter FY21 sales growth of 91% year-on-year, to $1.35 billion, beating the analyst consensus of $1.21…
Under Armour: Q2 Earnings Insights
Shares of Under Armour (NYSE:UAA) rose 5.5% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 177.42% over the past year to $0.24, which beat the estimate of $0.05.
Earnings Scheduled For August 3, 2021
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Could Under Armour’s Stock Be Positioned For Significant Upside Ahead Of Earnings?
Baird added Under Armour Inc (NYSE: UAA) to its positive fresh picks list Monday. The firm called it a catch-up trade and announced it sees $30 upside potential for the stock.
10 Consumer Discretionary Stocks With Unusual Options Alerts In Today’s Session
This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Analyzing Under Armour’s Unusual Options Activity
On Tuesday, shares of Under Armour (NYSE:UAA) saw unusual options activity. After the option alert, the stock price moved up to $19.77.
What 7 Analyst Ratings Have To Say About Under Armour
Analysts have provided the following ratings for Under Armour (NYSE:UAA) within the last quarter:
Last 30 Days
1 Month Ago
2 Months Ago
Morgan Stanley Maintains Equal-Weight on Under Armour, Lowers Price Target to $22
Morgan Stanley analyst Kimberly Greenberger maintains Under Armour (NYSE:UAA) with a Equal-Weight and lowers the price target from $24 to $22.
Analyzing Under Armour’s Unusual Options Activity
Shares of Under Armour (NYSE:UAA) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $20.12.