Under Armour (NYSE:UAA) Upgraded by Wall Street Zen to Hold Rating

Under Armour (NYSE:UAA) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Sunday.

A number of other analysts also recently issued reports on UAA. Barclays set a $5.00 price objective on shares of Under Armour and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. Robert W. Baird set a $8.00 price objective on shares of Under Armour in a report on Monday, February 9th. Stifel Nicolaus set a $6.00 price objective on shares of Under Armour and gave the stock a “hold” rating in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research report on Friday, April 24th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $6.00 price target on shares of Under Armour in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $5.91.

Under Armour Price Performance

UAA opened at $5.53 on Friday. Under Armour has a fifty-two week low of $4.13 and a fifty-two week high of $8.15. The firm has a 50-day moving average of $5.99 and a 200 day moving average of $5.75. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62. The firm has a market cap of $2.35 billion, a P/E ratio of -4.76, a PEG ratio of 1.74 and a beta of 1.73.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the company posted ($0.08) earnings per share. The firm’s quarterly revenue was down .8% compared to the same quarter last year. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. On average, research analysts expect that Under Armour will post 0.12 EPS for the current year.

Insider Buying and Selling

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average cost of $4.97 per share, with a total value of $3,675,419.37. Following the acquisition, the insider owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. This represents a 1.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have purchased 1,178,344 shares of company stock valued at $5,865,147. 15.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of UAA. California State Teachers Retirement System lifted its holdings in Under Armour by 30.3% during the 1st quarter. California State Teachers Retirement System now owns 258,004 shares of the company’s stock worth $1,525,000 after purchasing an additional 59,980 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Under Armour by 100.9% during the 1st quarter. Quantinno Capital Management LP now owns 1,226,299 shares of the company’s stock worth $7,247,000 after purchasing an additional 615,828 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Under Armour by 13.3% during the 1st quarter. Public Employees Retirement System of Ohio now owns 64,415 shares of the company’s stock worth $381,000 after purchasing an additional 7,577 shares in the last quarter. Sei Investments Co. purchased a new stake in Under Armour during the 1st quarter worth about $1,206,000. Finally, Group One Trading LLC lifted its holdings in Under Armour by 378.3% during the 1st quarter. Group One Trading LLC now owns 1,568,227 shares of the company’s stock worth $9,268,000 after purchasing an additional 2,131,642 shares in the last quarter. 34.58% of the stock is owned by institutional investors.

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.