Under Armour (NYSE:UAA) Reaches New 52-Week High After Earnings Beat

Shares of Under Armour, Inc. (NYSE:UAA) hit a new 52-week high during trading on Monday following a stronger than expected earnings report. The company traded as high as $7.64 and last traded at $7.5630, with a volume of 1211622 shares traded. The stock had previously closed at $7.56.

The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.11. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.Under Armour’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.08 EPS. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on UAA. Barclays set a $8.00 price objective on shares of Under Armour and gave the stock an “equal weight” rating in a report on Monday. The Goldman Sachs Group restated a “neutral” rating and set a $7.00 price target (up previously from $5.50) on shares of Under Armour in a research note on Monday. Telsey Advisory Group reiterated a “market perform” rating and issued a $6.00 price objective (up from $5.00) on shares of Under Armour in a research note on Friday, February 6th. UBS Group restated a “buy” rating and set a $11.00 target price on shares of Under Armour in a research report on Monday. Finally, Guggenheim upgraded Under Armour to a “strong-buy” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Under Armour has an average rating of “Hold” and a consensus target price of $6.94.

Insider Activity at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa bought 1,112,119 shares of the stock in a transaction dated Wednesday, January 28th. The stock was bought at an average cost of $6.21 per share, for a total transaction of $6,906,258.99. Following the completion of the purchase, the insider owned 43,000,872 shares in the company, valued at $267,035,415.12. This represents a 2.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired a total of 42,448,155 shares of company stock worth $219,067,338 in the last quarter. 15.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently added to or reduced their stakes in UAA. Vanguard Group Inc. raised its stake in shares of Under Armour by 11.3% in the fourth quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company’s stock worth $85,329,000 after acquiring an additional 1,747,120 shares during the last quarter. Marshall Wace LLP raised its position in Under Armour by 113.8% in the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after purchasing an additional 3,351,976 shares during the last quarter. American Century Companies Inc. lifted its holdings in Under Armour by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock worth $40,780,000 after buying an additional 504,912 shares in the last quarter. Jupiter Asset Management Ltd. boosted its position in Under Armour by 51.8% in the 4th quarter. Jupiter Asset Management Ltd. now owns 4,374,367 shares of the company’s stock valued at $21,741,000 after buying an additional 1,493,327 shares during the last quarter. Finally, Whitebox Advisors LLC bought a new position in Under Armour in the 3rd quarter valued at $11,237,000. Institutional investors own 34.58% of the company’s stock.

Under Armour Price Performance

The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of -5.80, a PEG ratio of 6.48 and a beta of 1.83. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The company has a 50 day moving average price of $5.44 and a 200 day moving average price of $5.16.

About Under Armour

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.