Under Armour, Inc. (NYSE:UAA) Receives $6.67 Average Target Price from Analysts

Shares of Under Armour, Inc. (NYSE:UAA) have been assigned an average rating of “Reduce” from the twenty-four brokerages that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $6.6706.

A number of research analysts recently issued reports on UAA shares. Cfra Research upgraded shares of Under Armour from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, August 12th. Rothschild & Co Redburn reiterated a “neutral” rating and set a $6.00 price objective (down previously from $7.00) on shares of Under Armour in a research note on Monday, September 15th. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Bank of America dropped their target price on Under Armour from $8.00 to $6.50 and set a “neutral” rating on the stock in a report on Monday, August 11th. Finally, Rothschild Redb downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th.

Insider Buying and Selling at Under Armour

In other Under Armour news, Director Robert John Sweeney purchased 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the purchase, the director directly owned 133,696 shares in the company, valued at approximately $652,436.48. This trade represents a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of Under Armour stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average cost of $4.93 per share, with a total value of $493,000.00. Following the acquisition, the director directly owned 133,696 shares in the company, valued at $659,121.28. This trade represents a 296.77% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders purchased 202,045 shares of company stock valued at $991,000. Company insiders own 15.60% of the company’s stock.

Institutional Trading of Under Armour

Institutional investors and hedge funds have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. raised its position in Under Armour by 17.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company’s stock worth $24,987,000 after acquiring an additional 586,183 shares during the period. American Century Companies Inc. raised its position in shares of Under Armour by 36.2% during the 1st quarter. American Century Companies Inc. now owns 5,465,814 shares of the company’s stock worth $34,161,000 after purchasing an additional 1,452,143 shares during the last quarter. SCS Capital Management LLC purchased a new position in Under Armour in the 1st quarter valued at about $828,000. GDS Wealth Management acquired a new stake in Under Armour in the 1st quarter worth about $315,000. Finally, ABC Arbitrage SA purchased a new stake in Under Armour during the 1st quarter worth approximately $3,233,000. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Trading Up 1.2%

Under Armour stock opened at $4.60 on Thursday. The stock has a 50-day moving average price of $4.90 and a 200 day moving average price of $5.87. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth ratio of 3.85 and a beta of 1.76. Under Armour has a 52 week low of $4.45 and a 52 week high of $11.89. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the prior year, the business posted $0.01 earnings per share. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. Sell-side analysts anticipate that Under Armour will post 0.3 EPS for the current year.

About Under Armour

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.