Company Watch: Under Armour Inc (NYSE:UA) Unveils New App

[PRNewswire] Under Armour Inc (NYSE:UA) unveiled UA Record™, the latest addition to the world’s most comprehensive health and fitness network, at the Consumer Electronics Show in Las Vegas. UA Record simplifies your personal health data with fitness activity tracking tools, connects you to your digital community and keeps you synced with your fitness goals 24/7/365. It’s available now for download on the App Store or from the Google Play™ store.

“UA Record offers everyone of all fitness levels the ability to proactively manage their health and fitness,” said Kevin Plank, Founder and CEO, Under Armour. “By syncing the thousands of fitness tracking devices and apps onto its open platform, and creating a visual dashboard of your data, UA Record is a simple and empowering tool designed to help people lead healthier and more active lives.”   To view the full article click here.

Under Armour Inc (NYSE:UA), On 10/23/2014, UA reported 3rd quarter 2014 earnings of $0.41 per share. This result was in-line with the consensus of the 31 analysts following the company and beat last year’s 3 quarter results by 20.59%. The next tentative earnings announcement is expected on 01/28/2015.

UA’s PE ratio is among the highest of any stock in the Apparel/Accessories industry and signals that investors have high hopes for this company’s future business prospects. However, during the past year, earnings growth has lagged its historical five year growth rate.

Under Armour Inc (NYSE:UA)‘s PE ratio is among the lowest of any stock in the Semiconductors industry and signals that investors have not been willing to pay a premium for this company’s business prospects. Additionally, during the past year, earnings growth has outpaced its historical five year growth rate.

In terms of ratings, there are thirty two analysts that cover the stock which have provided Q4 2014 earnings per share estimates. The consensus anticipated number for the upcoming quarter is $0.39. The highest estimate is $0.41 while the lowest is $0.37. The company has a one year EPS growth rate of 24.56% and a five year EPS growth rate of 31.70%.

About Under Armour

Under Armour Inc (NYSE:UA) is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth. The Company’s products are sold worldwide and are worn by athletes at all levels, from youth to professional, on playing fields worldwide. Most of its products are sold in North America. Internationally, Under Armour sells its products in certain countries in Europe, a third party licensee sells its products in Japan, and distributors sell the Company’s products in other foreign countries. In addition, it opened it store in China during the year ended December 31, 2012. The Company’s product offerings consist of apparel, footwear and accessories for men, women and youth. In November 2013, the Company acquired MapMyFitness.