Under Armour (NYSE:UAA – Free Report) had its target price trimmed by BNP Paribas Exane from $7.00 to $5.00 in a research note issued to investors on Wednesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.
UAA has been the subject of several other reports. Zacks Research raised Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Wall Street Zen raised Under Armour from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. The Goldman Sachs Group reissued a “neutral” rating and issued a $6.00 price objective on shares of Under Armour in a research report on Wednesday. Truist Financial reduced their price objective on Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, Robert W. Baird set a $8.00 target price on Under Armour in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Under Armour presently has an average rating of “Reduce” and a consensus target price of $5.91.
Get Our Latest Stock Analysis on Under Armour
Under Armour Stock Up 1.0%
Under Armour (NYSE:UAA – Get Free Report) last announced its earnings results 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 positive return on equity of 3.01% and a negative net margin of 9.98%.The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the business earned ($0.08) earnings per share. The company’s revenue was down .8% on a year-over-year basis. 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. Equities analysts expect that Under Armour will post 0.11 earnings per share for the current year.
Insider Transactions at Under Armour
In other Under Armour news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the purchase, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired 1,178,344 shares of company stock worth $5,865,147 in the last three months. Corporate insiders own 15.60% of the company’s stock.
Institutional Trading of Under Armour
Hedge funds and other institutional investors have recently made changes to their positions in the business. Blair William & Co. IL increased its stake in shares of Under Armour by 40.0% in the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after buying an additional 1,476 shares in the last quarter. Hantz Financial Services Inc. increased its position in Under Armour by 202.7% in the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock worth $42,000 after purchasing an additional 5,662 shares during the period. State of Wyoming acquired a new stake in Under Armour in the second quarter worth about $44,000. Uhlmann Price Securities LLC acquired a new stake in Under Armour in the third quarter worth about $46,000. Finally, LRI Investments LLC acquired a new stake in Under Armour in the third quarter worth about $50,000. 34.58% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Under Armour
Here are the key news stories impacting Under Armour this week:
- Positive Sentiment: Major shareholder V Prem Et Al Watsa bought a large block of Under Armour shares in multiple SEC-disclosed transactions, including 739,521 shares at about $4.97 and 438,723 shares at $4.99. Heavy insider buying can be a bullish signal that a key shareholder sees value at current levels. Article Title
- Neutral Sentiment: Truist Financial kept a Hold rating on Under Armour, and Telsey Advisory Group assigned a $5.50 price target with a Market Perform view, suggesting analysts see limited near-term upside but not a collapse. Article Title
- Neutral Sentiment: Truist also set a new $5.00 price target, while BNP Paribas Exane cut its target to $5.00. These updates reinforce the view that Wall Street expects the stock to remain range-bound unless fundamentals improve. Article Title
- Negative Sentiment: Zacks Research downgraded Under Armour from Strong Buy to Hold, adding to the negative analyst sentiment after recent commentary pointed to slowing sales and tougher retail conditions. Article Title
- Negative Sentiment: Articles highlighting weaker growth trends and pressure from a shifting retail market are feeding concerns that Under Armour’s turnaround may take longer than investors want, which is weighing on the stock. Article Title
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.
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