Under Armour, Inc. (NYSE:UAA) Receives Consensus Recommendation of “Reduce” from Analysts

Under Armour, Inc. (NYSE:UAA) has received a consensus rating of “Reduce” from the twenty brokerages that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $5.9107.

Several research analysts recently weighed in on the stock. BNP Paribas Exane decreased their price objective on shares of Under Armour from $7.00 to $5.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Citigroup restated a “sell” rating and issued a $4.75 price objective (down from $6.20) on shares of Under Armour in a research report on Wednesday, May 13th. The Goldman Sachs Group restated a “neutral” rating and issued a $6.00 price objective on shares of Under Armour in a research report on Wednesday, May 13th. Barclays set a $5.00 price objective on shares of Under Armour and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Sunday, May 24th.

Under Armour Stock Up 5.2%

UAA stock opened at $6.00 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.08 and a debt-to-equity ratio of 0.42. The company’s 50 day moving average is $5.88 and its 200 day moving average is $5.88. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of -5.17, a price-to-earnings-growth ratio of 1.81 and a beta of 1.69. Under Armour has a 1-year low of $4.13 and a 1-year high of $8.15.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. Under Armour’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.08) earnings per share. 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. Sell-side analysts predict that Under Armour will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other Under Armour news, major shareholder V Prem Et Al Watsa purchased 739,521 shares of Under Armour stock in a transaction on Wednesday, May 13th. The shares were acquired at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the transaction, the insider directly owned 44,179,116 shares of the company’s stock, valued at approximately $219,570,206.52. The trade was a 1.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have purchased 1,178,344 shares of company stock worth $5,865,147 in the last quarter. 15.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC raised its position in Under Armour by 9.4% during the 1st quarter. NewEdge Advisors LLC now owns 23,908 shares of the company’s stock valued at $141,000 after purchasing an additional 2,061 shares during the last quarter. California State Teachers Retirement System raised its position 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 valued at $1,525,000 after purchasing an additional 59,980 shares during the last quarter. Quantinno Capital Management LP raised its position 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 valued at $7,247,000 after purchasing an additional 615,828 shares during the last quarter. Public Employees Retirement System of Ohio raised its position 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 valued at $381,000 after purchasing an additional 7,577 shares during the last quarter. Finally, Sei Investments Co. bought a new position in Under Armour during the 1st quarter valued at approximately $1,206,000. 34.58% of the stock is currently 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.