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

Shares of Under Armour, Inc. (NYSE:UAA) have earned a consensus recommendation of “Reduce” from the twenty brokerages that are currently covering the stock, MarketBeat Ratings 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 issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $5.9107.

Several research analysts have 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 for the company in a report on Wednesday, May 13th. Stifel Nicolaus set a $6.00 price target on Under Armour and gave the stock a “hold” rating in a research note on Tuesday, May 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Under Armour in a research note on Friday, April 24th. Zacks Research lowered Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Finally, Telsey Advisory Group lowered their price target on Under Armour from $6.00 to $5.50 and set a “market perform” rating for the company in a report on Wednesday, May 13th.

Under Armour Stock Up 2.9%

UAA stock traded up $0.19 during midday trading on Tuesday, hitting $6.78. 5,817,354 shares of the company’s stock were exchanged, compared to its average volume of 8,553,565. The company has a current ratio of 1.62, a quick ratio of 1.08 and a debt-to-equity ratio of 0.42. Under Armour has a 12-month low of $4.13 and a 12-month high of $8.15. The firm has a 50 day moving average price of $5.91 and a 200-day moving average price of $6.13. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of -5.85, a price-to-earnings-growth ratio of 2.15 and a beta of 1.67.

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

Insider Buying and Selling at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa purchased 739,521 shares of Under Armour stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the transaction, the insider owned 44,179,116 shares in the company, valued at $219,570,206.52. This represents a 1.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have acquired 1,178,344 shares of company stock worth $5,865,147 over the last 90 days. 15.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Under Armour

Several institutional investors have recently made changes to their positions in the stock. Blair William & Co. IL boosted its position in Under Armour by 40.0% during the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after purchasing an additional 1,476 shares during the period. Hantz Financial Services Inc. lifted its stake in Under Armour by 202.7% in the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after buying an additional 5,662 shares during the last quarter. State of Wyoming acquired a new position in shares of Under Armour during the second quarter valued at $44,000. Equitable Holdings Inc. bought a new position in shares of Under Armour during the fourth quarter worth about $51,000. Finally, Portside Wealth Group LLC acquired a new stake in shares of Under Armour in the 4th quarter worth about $52,000. 34.58% of the stock is owned by institutional investors.

Under Armour Company Profile

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.