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

Shares of Under Armour, Inc. (NYSE:UAA) have been assigned an average recommendation of “Reduce” from the sixteen analysts that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $5.9375.

Several research firms recently commented on UAA. Truist Financial increased their price objective on Under Armour from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Monday, August 10th. Telsey Advisory Group lowered their target price on shares of Under Armour from $6.00 to $5.50 and set a “market perform” rating on the stock in a research note on Wednesday, May 13th. Stifel Nicolaus set a $6.00 price target on shares of Under Armour and gave the company a “hold” rating in a report on Tuesday, May 12th. Citigroup reiterated a “sell” rating and issued a $4.75 price target (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. Finally, UBS Group set a $9.00 price objective on shares of Under Armour and gave the company a “buy” rating in a report on Monday, August 10th.

Under Armour Trading Up 0.2%

NYSE:UAA opened at $5.09 on Wednesday. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of -4.43, a PEG ratio of 1.85 and a beta of 1.67. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The company’s 50 day moving average price is $6.27 and its 200-day moving average price is $6.25. Under Armour has a 52 week low of $4.13 and a 52 week high of $8.15.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period in the prior year, the firm posted $0.02 EPS. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. On average, equities research analysts forecast that Under Armour will post 0.11 earnings per share for the current fiscal year.

Insider Buying and Selling at Under Armour

In other news, CFO Reza Taleghani purchased 18,656 shares of the stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $5.37 per share, with a total value of $100,182.72. Following the acquisition, the chief financial officer directly owned 87,621 shares of the company’s stock, valued at $470,524.77. This represents a 27.05% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 15.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Blair William & Co. IL boosted its stake in Under Armour by 40.0% in the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after purchasing an additional 1,476 shares during the period. Vident Advisory LLC raised its position in shares of Under Armour by 13.6% during the fourth quarter. Vident Advisory LLC now owns 12,651 shares of the company’s stock valued at $63,000 after buying an additional 1,512 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Under Armour by 9.4% during the first quarter. NewEdge Advisors LLC now owns 23,908 shares of the company’s stock valued at $141,000 after buying an additional 2,061 shares during the last quarter. HUB Investment Partners LLC lifted its holdings in shares of Under Armour by 12.9% in the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock worth $149,000 after buying an additional 2,489 shares in the last quarter. Finally, M&T Bank Corp boosted its position in shares of Under Armour by 23.2% during the second quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock worth $91,000 after acquiring an additional 2,504 shares during the last quarter. 34.58% of the stock is owned by hedge funds and other 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.