Under Armour, Inc. (NYSE:UAA) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Under Armour, Inc. (NYSE:UAA) have been given a consensus recommendation of “Reduce” by the twenty research firms that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $5.9107.

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Sunday, May 24th. Citigroup restated a “sell” rating and set a $4.75 price objective (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. UBS Group reaffirmed a “buy” rating and issued a $10.00 target price (down from $11.00) on shares of Under Armour in a research report on Thursday, May 14th. Telsey Advisory Group lowered their target price on Under Armour from $6.00 to $5.50 and set a “market perform” rating for the company in a research note on Wednesday, May 13th. Finally, Truist Financial dropped their target price on Under Armour from $8.00 to $5.00 and set a “hold” rating on the stock in a report on Wednesday, May 13th.

Insiders Place Their Bets

In other news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the stock in a transaction on Wednesday, May 13th. The stock was bought at an average price of $4.97 per share, with a total value 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 $219,570,206.52. The trade was a 1.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders purchased 1,178,344 shares of company stock valued at $5,865,147. 15.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Blair William & Co. IL increased its stake in Under Armour by 40.0% during the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after buying an additional 1,476 shares during the period. Hantz Financial Services Inc. boosted its position in Under Armour by 202.7% in the 4th 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 purchased a new position in Under Armour in the 2nd quarter valued at about $44,000. Equitable Holdings Inc. purchased a new position in Under Armour in the 4th quarter valued at about $51,000. Finally, Portside Wealth Group LLC acquired a new stake in shares of Under Armour during the fourth quarter valued at about $52,000. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Trading Down 1.2%

NYSE UAA opened at $6.75 on Friday. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of -5.82, a PEG ratio of 2.26 and a beta of 1.67. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62. Under Armour has a one year low of $4.13 and a one year high of $8.15. The company’s 50 day moving average price is $6.40 and its 200 day moving average price is $6.36.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the previous year, the firm earned ($0.08) earnings per share. Under Armour’s revenue for the quarter 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. On average, sell-side analysts predict that Under Armour will post 0.11 EPS for the current year.

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.