Under Armour, Inc. (NYSE:UAA) Stock Has Consensus Price Target of $5.77

Shares of Under Armour, Inc. (NYSE:UAA) have been assigned an average recommendation of “Reduce” from the sixteen brokerages that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $5.77.

A number of analysts recently commented on the company. UBS Group set a $9.00 price objective on Under Armour and gave the company a “buy” rating in a research report on Monday, August 10th. Morgan Stanley set a $4.00 price objective on shares of Under Armour and gave the stock an “equal weight” rating in a research note on Thursday, September 10th. Weiss Ratings upgraded shares of Under Armour from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Truist Financial upped their target price on shares of Under Armour from $5.00 to $6.00 and gave the company a “hold” rating in a report on Monday, August 10th. Finally, Barclays downgraded shares of Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 price target on the stock. in a research report on Tuesday, August 11th.

Insider Buying and Selling

In related news, CFO Reza Taleghani bought 18,656 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $5.37 per share, with a total value of $100,182.72. Following the acquisition, the chief financial officer owned 87,621 shares in the company, valued at $470,524.77. This trade represents a 27.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 15.70% of the company’s stock.

Institutional Trading of Under Armour

A number of hedge funds and other institutional investors have recently bought and sold shares of UAA. Fairfax Financial Holdings Ltd. Can lifted its position in shares of Under Armour by 564.8% during the 4th quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock valued at $208,536,000 after buying an additional 35,647,123 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Under Armour by 17.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,531,173 shares of the company’s stock worth $50,416,000 after acquiring an additional 1,285,384 shares in the last quarter. State Street Corp increased its holdings in Under Armour by 27.8% in the 2nd quarter. State Street Corp now owns 7,682,658 shares of the company’s stock worth $49,092,000 after acquiring an additional 1,669,312 shares in the last quarter. Jupiter Asset Management Ltd. raised its stake in Under Armour by 51.8% during the 4th quarter. Jupiter Asset Management Ltd. now owns 4,374,367 shares of the company’s stock worth $21,741,000 after acquiring an additional 1,493,327 shares during the period. Finally, Deltroit Asset Management UK LLP bought a new stake in Under Armour during the 4th quarter worth approximately $9,909,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Trading Down 1.2%

Shares of UAA stock opened at $4.44 on Friday. Under Armour has a 12-month low of $4.13 and a 12-month high of $8.15. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average is $5.62 and its 200 day moving average is $5.92. The stock has a market capitalization of $1.91 billion, a P/E ratio of -3.86, a P/E/G ratio of 1.63 and a beta of 1.62.

Under Armour (NYSE:UAA) last announced its earnings results on Friday, August 7th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.02 EPS. 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. Research analysts expect that Under Armour will post 0.11 earnings per share for the current year.

Under Armour Company Profile

Under Armour, Inc develops, markets and distributes performance apparel, footwear and accessories for athletes and active consumers. Its products are designed for a range of sports and activities and include training and team apparel, athletic shoes, sports bras, outerwear, hats, bags and other accessories. The company markets products under the Under Armour brand, including HeatGear, ColdGear and other performance-oriented product lines.

Founded in 1996 by Kevin Plank, Under Armour initially gained recognition for moisture-wicking performance shirts before expanding into a broader athletic apparel and footwear business.